Global Hotel Industry Outlook Survey 2012–2013

The report analyzes how procurement expenditure, business strategies and practices are set to change in the hotel industry during 2012–2013. This report gives you access to the category-level spending outlooks, budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies future growth of buyers and suppliers, M&A and e-procurement. This report not only grants access to the opinions and strategies of business decision makers and competitors, but also examines their actions surrounding business priorities. The report also provides access to information categorized by region, company type and size.

Scope

• The report features the opinions of hotel industry respondents related to the following:
• Revenue growth and future developments in business structure
• Merger and acquisition activity
• Capital expenditure and change in staff recruitment activity
• Key regions of growth
•  Key industry threats and opportunities
• Key supplier actions and e-procurement
• Annual procurement budgets and change in procurement expenditure
• Change in supplier selection and procurement objectives

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Report Details:

Published: May 2012
No. of Pages: 114

Price: Single User License – US$2000              Corporate User License – US$6000

                           
     


 

Key highlights

•      China, India and Russia are estimated to be the fastest growing regions among developing countries for the hotel industry. Robust projected growth in demand, higher occupancy levels, increasing average room rates (ARRs), the increasing affordability of leisure travel and increasing tourism expenditure are key drivers for the growth in these regions.
•    A total of 41% of respondents each expect their companies to increase procurement expenditure over the next 12 months, with only 20% looking to decrease it.
•     Of all buyer respondents, 38% agree that ‘improve customer services’ is an effective way for suppliers to secure business from buyers.

Major points covered in Table of Contents of this report include:

1 Introduction

2 Executive Summary

3 Hotel Industry Dynamics

4 Hotel Market Growth Outlook

5 Threats and Opportunities for the Hotel Industry

6 Hotel Industry Buyer Spend Activity

7 Procurement Behaviors and Strategies
8 Appendix

List of Tables

List of Figures

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