Value of hotels, meals, laundry and taxis. These are some of the variables that the consultant Eca International considered to create the list of the 10 cities where making business trips is more expensive. New
Value of hotels, meals, laundry and taxis. These are some of the variables that the consultant Eca International considered to create the list of the 10 cities where making business trips is more expensive.
New York, USA
The capital of the stock market rises to the top of the ranking according to ECA International, due to the high cost of its hotels, a value that is even more expensive because the majority of travelers privilege Manhattan, due to its strategic location in the financial district.
In addition, says the ECA International report, travelers must leave by law mandatory tips on several items, which vary between 15% and 20%, which makes the trip even more burdensome.
The countries where the value of hotels and air tickets will increase the most18 AUG 2018
Three Swiss cities are among the 10 most expensive for business trips, the country, according to this report, which places more cities in the top ten (and five if only cities in Europe are considered).
As noted by Simon Franklin, executive of Eca International on the website of this consultant, Switzerland has always been an expensive nation for business tourism, especially for the strength of its currency, the Swiss franc.
Although Zurich has only 400,000 inhabitants, it is one of the richest cities in Europe, with inhabitants whose incomes far exceed the average population. Even, it is not strange that many consider it the heart of capitalism, which makes it a frequent place for business trips.
All these characteristics make the city one of the most expensive to do business in the world.
One of the items considered to prepare the ECA International ranking is security, which implies hiring some services to reinforce this area. That is why Luanda is in fourth place on the list. In addition, Franklin explained, “business has perhaps a second priority for tourism, so there is really no specific business hotel,” so executives who travel to cities like that end up staying in very expensive tourist areas, in Place of business areas with more competitive prices.
In the economy of Barbados, tourism is the main engine of its economy and its capital, Bridgetown, which contributes most. It is a small, quiet city where visitors arrive every day to do their business. Until the year 2000, its airport received the Concorde, the supersonic aircraft that arrived in London in less than four hours. The sun and its beaches are the main attraction for all tourists.
In the city Luz a night in a four star hotel costs around 470 dollars. The connection it has with the rest of the world is one of the elements that always stand out when it comes to highlighting its benefits for business since it has three airports. Just two weeks ago, a new 3,200-square-meter VIP lounge with a capacity of 540 seats was opened at Paris-Charles de Gaulle Airport. A sample of the importance of this area for the country’s economy.
-In the capital of Bahamas, about 50% of the economy is made by tourism. Therefore, many of the hotels are located in recreational areas and most of the large hotel chains also have convention centers to serve tourists who come for business.
The city increased a position with respect to the ranking prepared by the same consultant last year.
Washington, United States
With three airports, the headquarters of the federal government of the United States and political city par excellence, receives more than 20 million tourists every year. In its streets are the main headquarters of international organizations such as the World Bank (WB), the Inter-American Development Bank (IDB) and the International Monetary Fund (IMF). As in New York, the cost of hotels and tips make business trips more expensive.
It is the third Swiss city that is located in the list of the most expensive. Getting to this city in central Europe is easy. In 2016, more than seven million people passed through the EuroAirport Basel-Mulhouse-Freiburg. However, like Geneva and Zurich, it is among the most expensive because of how expensive Switzerland is and the strength of the Swiss franc (Switzerland is one of the few European countries where the euro does not operate).
Monaco, Principality of Monaco
Its location in the Mediterranean and the facilities to invest and do business explain why the small capital is a key point for doing business in Europe. Considered as the international capital of the Grand Luxury, one of the characteristics of this city are the fashion, jewelry and perfume companies that are on its streets, which also increases the value of accommodation, food and transportation.