Speaking at the Business Travel Conference (4-5 June), Hammond noted that business travel managers are among the "best informed and most discerning" commentators on the travel infrastructure in the UK.
He added that £1.5bn has been pledged to improve the road network to ease congestion and speed up journeys.
Hammond also welcomed an "unprecedented commitment to the future of rail" with Network Rail planning to spend £37 billion to run and expand the railway between 2014 and 2019.
Hammond also discussed plans to deliver 140,000 seats on trains at peak times by the end of the decade and a focus on increasing airport capacity through the Airports Commission, due to publish their first report later this year.
Egencia UK (the event sponsor) managing director Graham Kingsmill said: "I was pleased to hear from the Minister the plans Government are putting into action to bring forward rail investment and HS2 for faster journeys and more passenger seats, as well as tackling airport capacity which is a pressing issue for many business travellers. We will continue follow these developments with interest."