These are the world’s 10 most expensive cities for business travel

New York remained the most expensive business trip destination in the world in 2022 as a post-pandemic surge in business travel and tourism drove up costs 8 per cent from the prior year.

The Big Apple took a bite out of business travellers at a rate of $796 per day, according to the consulting firm ECA International, which counted four-star hotels, meals, taxis, drinks and incidentals as part of its survey.

Top 10 most expensive locations for business travel globally

Rank	City	Country
1	New York	US
2	Geneva	Switzerland
3	Washington DC	US
4	Zurich	Switzerland
5	San Francisco	US
6	Tel Aviv	Israel
7	Los Angeles	US
8	London	UK
9	Luanda	Angola
10	Paris	France

 

The US dominated the ranking overall, with Washington DC and San Francisco both making the top five on the leaderboard, while Switzerland chimed in with Geneva and Zurich.

Climbing inflation rates were a major factor in the increase in travel costs, while a pandemic-fuelled drop in demand led to more affordable rates in places like China.

Hong Kong was the most expensive destination in Asia, outpacing Singapore which rose to second in the region on the back of $515 per-day charges, while London and Paris retained their top ten positions and Angola’s Luanda was the priciest place in Africa.

Read: These are the world’s 20 most expensive cities for expats