Business Travel News - Corporate Travel Index 2008 - (Page 30)

Dollar Still Faces Exchange Challenges Continued from page 29 BTNonline.com he believes the exchange rate will remain where it was at press time, in the region of £0.50 to £0.52. Against the euro, Robson expects a gentle climb to around €0.71. “Our forecast is largely predicated on the idea that the European Central Bank will cut rates, which could be as early as April,” according to Robson. Two currencies against which Robson ex- pects the dollar to be less successful are the Japanese yen and the Swiss franc. Both are considered safe, non-volatile havens in uncertain economic times, which means investors now are buying into them. “The current level of ¥108 looks a little expensive,” according to the Royal Bank of Scotland’s Robson. “We expect the dollar to drift lower this year to ¥103 to ¥104. The Swiss franc will appreciate against the dollar for a similar reason.” ■ METHODOLOGY The 2008 International Corporate Travel Index is based on research by BCD Travel’s Advito Consulting unit and Chicago-based management consulting firm Organization Resources Counselors Inc. Advito provided 2008 average accepted negotiated upscale daily hotel rates. ORC provided actual 2007 menu item costs for hotel continental breakfasts, lunches of sandwich, salad and nonalcoholic drink and dinners of a fish, chicken or beef entree, salad and a nonalcoholic beverage. ORC also provided miscellaneous lodging expenses of two taxi fares, a newspaper, a bottle of water and a magazine. Local prices in 100 non-U.S. business destinations were converted to U.S. dollars using rates from last December. JOHN DEJESU, Publisher Tel: (646) 654-4461 Fax: (646) 654-4456 (jdejesu@btnonline.com) NORTHEAST/MID-ATLANTIC JILL ALTMAN, Account Manager Tel: (646) 654-4453 Fax: (646) 654-4456 (jaltman@btnonline.com) WEST/HAWAII/INTERNATIONAL EDIE GARFINKLE, International Advertising Director Tel: (805) 383-1326 Fax: (646) 390-7759 (egarfinkle@btnonline.com) CANADA CYNDY FLEMING, APR Media Ltd. Tel: (416) 363-1388 Fax: (416) 363-2889 MEXICO VERONICA CASTRO, Cass Media Tel: 5255-5605-1757 MACAU/HONG KONG/CHINA STEPHEN HUTTON, Hutton Media Limited Tel: 852-2528-9135 Fax: 852-2528-9281 JAPAN ASAKO KUBO, Pacific Business Inc. Tel: 81-3-3661-6138 Fax: 81-3-3661-6139 KOREA JUNG WON SUH Tel: 82-2-3275-5969 Fax: 82-2-3275-5960 MALAYSIA/PHILIPPINES/THAILAND ANNIE BLANCHARD, Media Services Tel: 632-645-7296 Fax: 632-645-1853 SINGAPORE LAVENDER TAN, AL Media Ltd. Tel: 65-469-9321 Fax: 65-469-8028 MARKETING SERVICES PETER HIRSCHHORN, Dir. Marketing Services Tel: (646) 654-7556 STEVE MOORE, Account Manager Tel: (646) 654-5533 SUBSCRIPTION SERVICES (847) 763-9050 Fax: (847) 763-9037 LIST RENTAL/POSTAL INFORMATION JULIUS SINGLE (845) 731-2731 E-MAIL INFORMATION WAYNE NAGROWSKI (845) 731-3854 CUSTOM REPRINTS OF 500 PIECES OR MORE: KRISTI FULKERSON, The YGS Group (800) 290-5460 ext. 144 (BTN@TheYGSgroup.com) PRODUCTION JOHN SARTORIS, Group Production Director Tel: (646) 654-7294 Fax: (646) 654-7318 JAY KAPLAN, Production Manager Tel: (646) 654-7310 Fax: (646) 654-7318 CIRCULATION KWAFO ANOFF, Group Circulation Director (646) 654-7256 TRAVEL GROUP SCOTT PIERCE, Vice President BTN EDITORIAL & SALES OFFICES 770 Broadway, New York, NY 10003-9595 All Rights Reserved your success. our satisfaction. Experience the Amalﬁ Hotel Chicago in the heart of the city’s hottest dining and entertainment district. Steps from the Loop Financial District and Michigan Avenue. Business center, WiFi internet and breakfast on every ﬂoor — always complimentary. Network in the Ravello Lounge where cocktails and hors d’oeuvres are on us — every night! twenty west kinzie street n chicago, illinois 60610 reservations 877.262.5341 n 312.395.9000 amalﬁhotelchicago.com 30 CORPORATE TRAVEL INDEX. 2008. .. BUSINESS TRAVEL NEWS www.BTNonline.com MARCH 3, 2008 President: Greg Farrar Senior Vice President, Human Resources: Michael Alicea Senior Vice President, Finance: Derek Irwin Senior Vice President, Travel & Performance: Sabrina Crow Senior Vice President, Marketing & Media: Sabrina Crow Senior Vice President, Film & Performing Arts: John Kilcullen Senior Vice President, Music & Literary: John Kilcullen Senior Vice President, Corporate Development & Planning: Thomas Kuczynski Senior Vice President, Retail: David Loechner Senior Vice President, eMedia Strategy & Technology: Linda McCutcheon Senior Vice President, Building Design: Joe Randall Senior Vice President, Central Services: Mary Kay Sustek Vice President, Licensing & Events: Howard Appelbaum Vice President, Manufacturing and Distribution: Jennifer Grego Vice President, Audience Marketing: Joanne Wheatley http://BTNonline.com http://amalfihotelchicago.com http://amalfihotelchicago.com http://www.BTNonline.com

Table of Contents for the Digital Edition of Business Travel News - Corporate Travel Index 2008

Business Travel News - Corporate Travel Index 2008
Contents
Domestic Corporate Travel Index
Per Diems in 100 U.S. Cities
Alphabetical List Of U.S. Cities
Hotel Costs In 100 U.S. Cities
Food Costs In 100 U.S. Cities
Car Rental Costs In 100 U.S. Cities
New York
London
Dusseldorf
Dubai
International Corporate Travel Index
International Methodology
Per Diems in 100 International Cities
Alphabetical List Of International Cities
Hotel Costs In 100 International Cities
Food Costs In 100 International Cities

Business Travel News - Corporate Travel Index 2008