Promotion servicing costs increased 19% in the third quarter due primarily to higher T&E, transfer fees, and higher marketing and firm meeting expenses. We expect travel and meeting-related expenses will continue to increase in the fourth quarter of 2021, though we note that business travel remains well below pre-COVID levels.

Nov 4, 2021 / CFO / receipt, needs a key / Ali Gure, CFO | earnings call 2021-11-04 | transcript 9d1f5aba-e35d-436c-9cc3-5ada438285cc | chars 23348-23676 | segment 24