The Takeoff Episode 02: How Startups Can Adapt and Pivot Sponsored This content is created collaboratively with one of our sponsors.
With all the talk about business travelers going rogue, there is some semblance of company loyalty, or some might call it guilt, in trying to keep expenses down on the road.
Business travelers aren’t always asking their employers to pay for lavish steakhouse dinners when they’re on the road for work. They’re more likely to spend their dollars at bargain chain eateries such as Chick-fil-A, Dunkin’ Donuts, Panera Bread, and McDonald’s, a study released today shows.
For 2013, the vendors that business travelers spent most of their money at were Starbucks, Delta Air Lines, Avis and Marriott, based on millions of receipts analyzed by Certify, which helps companies track expense accounts. Places that provide free Wi-Fi did particularly well, says Robert Neveu, CEO of Certify.
From the Certify survey data:
2013 Most Expensed Vendors
For the full year of 2013, these are the top vendors by major spending category:
Most-Expensed: Marriott, average receipt, $225.43
Top Rated: Residence Inn
*2012 Most-Expensed Hotel was Hilton, averaging $270.55
Most-Expensed: Starbucks, average receipt, $9.58
Top Rated: Chick-fil-A
*2012 Most-Expensed Restaurant was Starbucks, averaging $7.54
Most-Expensed: Avis, average receipt, $171.22
Top Rated: Enterprise
*2012 Most-Expensed Rental Company was National, averaging $182.71
Most-Expensed: Delta, average receipt, $390.72
Top Rated Airline: Southwest
*2012 Most-Expensed Airline was Delta, averaging $474.25
Percentage of T&E Budget Spent by Category in 2013
Cell Phone 5.63%
Car Rental 5.24%