Expense-Account Living for Less

Thanks to the sky-high value of the dollar, U.S. businessmen going abroad no longer need to take along a CARE package of cash. The annual survey by Britain's Financial Times reports that London, which last year was the most expensive destination in the world for an American, has fallen to 26th place among 100 major business cities. The cost of bed and breakfast at a first-class London hotel is now only $91.02, as compared with $137 in 1980. Brussels, fifth on the list last year, has plunged to 30th place.

Even Tokyo, which two years ago boasted the world's highest prices,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!