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August 6, 2013

Bangalore Ranks as Top City in India for Business Travel

IndiaIn all of India, Banaglore is the top business destination for business out of the top 25 most-visited cities in the world, Times of India is reporting. The city is ranked at No. 12 globally, followed by Mumbai at No. 20 in overnight hotel stays.

Bangalore was ranked 11 in 2011, but dropped a spot last year. The average spend also decreased from around $258 to around $227 in terms of lodging ground transport, dining, entertainment, according to a report on corporate travel and entertainment compiled by Concur. The spend data of nine countries, including the U.S., U.K., Canada, France, Germany, Hong Kong, Japan, Australia and India, was analyzed.

Mumbai held steady at No. 20, but the average spend dropped from $255 to $238. Bangalore came in last place in terms of transaction amount with $227.83 and Mumbai came in at No. 23 with $238.37. The above average transaction amount fell in 2012 compared to 2011 for both cities with Bangalore dropping from $258.7 in 2011 to $227.83 in 2012 and Mumbai falling from $255.18 in 2011 to $238.37.

According to the Concur report, corporate travelers also spent $58 million on ancillary fees in 2012 compared to 2011 with $30 million.

Read more about the Concur report here.

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