In business travel, the average ticket price (or ATP) is an essential metric that enables companies to understand the average cost of air or rail tickets for their employees. This measure helps travel managers assess the effectiveness of their travel policies, optimize budgets, and negotiate better terms with transport service providers.
To determine the average price of a ticket for business travel, it is necessary to divide the total cost of tickets purchased for business travel by the total number of tickets issued. This analysis enables companies to monitor expenditure, identify savings opportunities, and adjust their travel strategies accordingly. By mastering ATP, companies can not only reduce costs, but also improve efficiency and business traveler satisfaction.