Ultimately, you may even look at alternatives to travel, Grieve says.
If you know you’re spending a lot of money on hotel rooms in Russia, you can call the hotel you always stay at and ask for a bulk rate or you can take an apartment there, he says. Pre-trip authorizations and approvals, for example, help businesses better project expenses, avoiding high-ticket surprises that can put pressure on cash flow. “Their infrastructure hasn’t kept pace with the economic traction,” he says. A global study shows the BRIC countries fall into the top 20 high-risk areas for health and security concerns. Robert Quigley, a medical director for traveller assistance plan International SOS. But there are dangers associated with that approach, says Dr. With expenses ramping up quickly in emerging market countries, business travellers may be tempted to cut costs any way they can. Russia: Airfare is expected to rise almost 8% and car rental rates, 4%.īalance cost with quality. In addition, given the region’s occupancy rates have been the highest in the world for several years now, hotel prices are set to rise as much as 4.9%. The Asia-Pacific region: Airfare is expected to rise 4%, with prices in China jumping 7% as the growing middle class drives up leisure travel, putting pressure on capacity. This advertisement has not loaded yet, but your article continues below.
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