Hotels and Accommodation: Market Intelligence, Procurement Research, Hotels Industry Analysis, Supply Market Forecasts, Cost Drivers, Trends, Category Management Insights Now Available from SpendEdge

LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/MarketIntelligence?src=hash” target=”_blank”gt;#MarketIntelligencelt;/agt;–SpendEdge, a global procurement market intelligence firm, has announced
the release of its Global
Hotels and Accommodation Category – Procurement Market Intelligence
Report.


Industrial growth is spurring the need for frequent business travels
across the globe which is consequently encouraging a high demand in the
accommodation and hotels industry. The category spend momentum for this
industry will continue registering an impressive growth because of the
higher consumer preference towards the online hotel booking process that
simplifies booking accommodation while offering a range of choices. Request
a Free Sample
of this market intelligence report here!

The category spend momentum in the US is largely favored by the presence
of multinational corporations that dedicates a significant budget for
business travels across the globe. However, the current accommodation
and hotels industry will suffer a setback because of the declining
tourist footfall which is an effect of the ongoing political tumult in
the region. The recent devaluation of the Euro has been attracting a
higher number of tourists visiting Europe, thereby; supplementing the
category growth in the region. However, factors like the oil crisis and
the economic and political instability will impede the category growth
in MEA.

Insights offered in this hotels and accommodation procurement research
report include supply market forecasts, primary cost drivers, and
category management insights. Such insights are relevant for both the
buyers and the suppliers who seek a risk-free and a cost-effective
procurement strategy. The category spend segmentation done in this
market intelligence report will guide the investors in identifying the
best investment areas as well as help them in identifying cost-saving
opportunities in the market. Get
free customization
of this market intelligence report on hotels
and accommodation to get information tailored to your every requirement.

Buyers must partner with service providers that exercise sound
operational capabilities in various geographic locations. This will
enable buyers to rationalize their supply base and consolidate their
spend
,” says SpendEdge procurement expert Anil Seth.

This hotels and accommodation procurement research report has estimated
the following cost drivers to influence the category growth in the
coming years:

 
 

SpendEdge is now offering limited-time discounts on report
purchases. Buy two reports and
get the third one for
free.

 
 

SpendEdge’s procurement
market intelligence
reports for the travel
and entertainment
category provide detailed supply market forecasts
and cost drivers that impact category growth. Such information will help
procurement managers as well as the suppliers to determine the total
cost of ownership and change their procurement strategies accordingly.
Additionally, SpendEdge’s reports provide category management insights
and information on the procurement best practices for the category.

Report scope snapshot: Hotels and accommodation

Category pricing insights

  • Pricing outlook
  • Total cost of ownership analysis
  • Supplier cost structure
  • Interested to know more about the scope of our market intelligence
    reports?
    Download
    a FREE sample

Cost-Saving Opportunities

  • Supplier-side levers
  • Buyer-side levers
  • Quantifying cost savings by negotiation strategies
  • Want customized information from the hotels and accommodation
    procurement research report?
    Get
    in touch

Category ecosystem

  • Competitiveness index for suppliers
  • Buyer power
  • Supplier power score
  • To view the table of contents of this market intelligence report, Download
    a FREE sample

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