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What to expect on a business trip to New York City
Whether you're an employee looking for travel accommodation, or a controller wanting to ensure you are setting reasonable expense policies for your business, Ramp is here to help. As the financial capital of the world, New York City is one of the most popular business travel destinations in the US, and the team has combed the internet for average costs and cross-checked with internal Ramp data to help you set reasonable budgets for upcoming business travel.
Hotel costs in New York City
Business travelers to New York will typically stay in Lower Manhattan or the Financial District. According to Ramp spend data and top travel websites, average nightly costs for hotels in New York City range from $220 - $300. Fall and Winter are typically more expense than Spring and Summer.
How are other businesses setting hotel expense policies in New York City?
Based on internal Ramp card usage data, New York City businesses have set a nightly hotel rate limit of $400.
How much are other companies spending on New York City hotels during business travel?
Based on internal Ramp card usage data, business travelers to New York City spend $729 per stay on average.