Each quarter, the Certify SpendSmart Report reveals how business travelers are spending the corporate dime while on the road. The report analyzes Certify's most recent business expense and vendor ratings data, providing valuable insights to Certify clients as well s the corporate T&E industry at large.
One expense category that the SpendSmart Report reviews is restaurants. The restaurant summary is a snapshot of the most frequently expensed restaurants, top rated restaurants, and the most expense restaurants by meal type. Some of the top rating in the restaurant summary include:
Most Expensed Restaurants Starbucks McDonald's Subway
Top Rated Restaurants Chick-Fil-A Chipotle Dunkin Donuts/Olive Garden
Most Expensed by Meal Breakfast - Starbucks Lunch - McDonald's Dinner - McDonald's
The SpendSmart Report offers insight into where and how much money business travelers are spending while on the road. It also shows the competition among the varying companies for the business traveler's buck. This quarter's report highlighted a new competitor on the scene. Seamless, an online and mobile company that allows you to order food for delivery and pickup from over 12,000 restaurants replaced Starbucks as the most expensed vendor in New York City. Seamless has over one million members, and spans across 1,000 cities in the US, with over 80 cuisines to choose from. As CEO of Certify, Robert Neveu, told CNN in a recent article, "It's Seamless over Starbucks for business travelers...Seamless is aggregating a lot of the meal traffic." Neveu explained that business travelers want something fast, convenient, and of reasonable quality and price. Indeed, Seamless allows you to search, check prices, and read reviews and ratings, which is especially valuable for business travelers in new cities on a budget.
This quarter's report also found that fast food is still number one in the life of a business traveler, with Starbucks and McDonald's continuing to be the top two most expensed restaurants, with a reported low average speed of $8.17 at McDonald's to a high average spend of $39.83 at Panera bread.
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