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Corporate Travel Index Calculator Walkthrough

Tour the calculator with BTN editor in chief Elizabeth West

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Methodology

Hotel Rates: Advito, DVI and Prime Numbers provided aggregated, anonymized, fourth-quarter 2018 U.S. rates booked by corporate clients across five hotel tiers. Advito, DVI and HRS provided parallel data for non-U.S. cities. BTN provided taxes and fees for U.S. cities and calculated the index rates and will update hotel data online quarterly.

Car Rental Rates: Advito, DVI and Prime Numbers provided aggregated, anonymized, fourth-quarter 2018 U.S. car rental rates booked by corporate clients across three car rental tiers, as well as local tax and fee data. BTN calculated the index rates and will update the data online quarterly.

Meal Prices: Under the direction of Lynn Minnaert, academic chair and clinical associate professor in the New York University School of Professional Studies’ Jonathan M. Tisch Center of Hospitality, students called restaurants in October and November to gather meal prices sans taxes and gratuities. BTN will update meal data online annually.

U.S.: For breakfast in each city that has an annual GDP above $95 billion, students surveyed three chains, six independent restaurants identified via TripAdvisor and three hotel restaurants; for each lunch and dinner, they called six chain and six independent restaurants. For each smaller city, students surveyed two independent restaurants and one hotel restaurant for breakfast and three chain and three independent restaurants for each lunch and dinner. U.S. breakfast is based on an egg entree (omelet, benedict, etc.) with fruit and coffee or juice. Sample breakfast chains include Denny's, IHOP and Starbucks. Lunch is an entree-style salad or sandwich, pizza, burrito or wrap with fruit; fries or chips; and nonalcoholic beverage. Dinner is a steak, pasta or raw or cooked fish entree; small salad; cheese tray or dessert; and glass of wine. Sample lunch chains include Chili's, Panera and Bonefish Grill. Sample dinner chains include Fogo de Chao, The Cheesecake Factory & The Capital Grille.

Non-U.S.: Breakfast is based on continental breakfast. For lunch and dinner in each city that has a population of 1.5 million or more, students surveyed 12 restaurants; in each smaller city, they called six. The students converted prices from local currency to U.S. dollars on Dec. 2, 2018. Lunch is based on a sandwich, salad and nonalcoholic drink. Dinner is based on a fish, chicken or beef entree; salad; nonalcoholic drink; and dessert or cheese tray.

Taxi Rates: NYU Tisch students researched taxi rates for non-U.S. cities. BTN will update taxi data online annually.

Risk Scores: GeoSure synthesized near real-time safety ratings on March 25, 2019, using a proprietary combination of Big Data predictive analytics, artificial intelligence/natural language processing and crowdsourced input. GeoSafeScores powered by GeoSure incorporate structured and unstructured data from sources like the United Nations, Centers for Disease Control and Prevention, World Health Organization, Interpol, The World Bank, FBI and the U.S. State Department, as well as macro sources like inflation trends, education, income levels, political stability, trending health and disease data, neighborhood-level police presences, healthcare facility proliferation and infrastructure characteristics. BTN will update risk data online quarterly.