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Spend on Car Rentals More than Doubles Annually in Q2 2023, Emburse SpendSmart Reports

LOS ANGELES & PORTLAND, Maine, August 01, 2023--Emburse, a leader in travel and expense (T&E) management, announced today the results of its Q2 2023 SpendSmart Travel Trends report. This quarterly report tracks how much organizations spend on business travel, as well as trends for booking volume and trip length, and compares it to the previous year and the previous quarter.
United States Eric Friedrichsen Maura Lafferty Firebrand Communications For Emburse Travel Trends Smart Travel Trends
Source: yahoo.com

Amount Spent on Hotel Reservations 50% Up from Q2 2022 and 27% Up from Q1 2023

Article - Amount Spent on Hotel Reservations 50% Up from Q2 2022 and 27% Up from Q1 2023 - Travel Trends report also reveals annual growth in spend and volume for domestic and international air travel as well as hotel reservations
Eric Friedrichsen Hotel News Resource Source Emburse Amount Spent On Hotel Reservations Amount Spent Hotel Reservations News Resource

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Businesses Travel Spend Up Substantially YoY Despite Tighter Budgets and Economic Uncertainty

Article - Businesses Travel Spend Up Substantially YoY Despite Tighter Budgets and Economic Uncertainty - In Q4 2022, business travelers averaged 4.13 nights per hotel stay. This reflects a 55% increase in trip length over the same quarter in 2021. Compared to Q4 2019, however, it shows an 8% decrease in trip length. The number of hotel reservations is up 89% over Q4 2021 but still 45% lower than in 2019.
Eric Friedrichsen Hotel News Resource Corporate Spend News Resource Smart Travel Trends

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