London Q4 2024 total daily cost: US$600
- Average daily hotel cost: $294
-
Average daily taxi cost: $150
-
Average daily dining cost: $156
-
Total cost change from Q3 2024: +1.6%
Negotiation Game: There’s a reason why London is the
second-most expensive city of the 200 listed in BTN’s Corporate Travel Index,
after New York: Demand remains stout, and even though more hotel rooms are
forecast to open in 2025 in London than in any other major European city, both
leisure and corporate demand is projected to rise too. While new hotel supply
could help limit the financial damage, don’t expect a business trip to London
to be cheap.
The Approach: London has the highest average hotel
rates of any city outside of the United States in the…
