Hotels and Accommodation Market to Witness Huge Growth by 2016-2020: To grow at a CAGR of 7.1%
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Hotels is a sub-category of CTM that involves arranging for and managing accommodation, which is a crucial part of business travel. It includes activities such as comparing hotel services, negotiating rates, and booking hotels, while maintaining employee satisfaction, and managing security and risks. This category is the second highest spend area of CTM, after air tickets.
Research procurement specialist forecast the hotels and accommodation market to grow at a CAGR of 7.1% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the hotels and accommodation market for 2016-2020. The report contains a comprehensive market and supplier landscape in addition to a SWOT analysis of the key suppliers.
The market is divided into the following segments based on geography:
• Middle East and Africa
The report, Hotels and Accommodation 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key suppliers operating in this market.
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• InterContinental Hotels and Resorts
• JW Marriott (Marriott International)
• Hilton Hotels And Resorts
• Starwood Hotels and Resorts
• Hyatt Hotels and Resorts
• Decrease in prices of air tickets globally
• For a full, detailed list, view our report
• Evolving customer expectations
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key suppliers in this market space?
• What are the market opportunities and threats faced by the key suppliers?
• What are the strengths and weaknesses of the key suppliers?
You can request one free hour of our procurement specialist’s time when you purchase this market report. Details are provided within the report.
Read Detailed Table of Content @ https://www.htfmarketreport.com/reports/200738-hotels-and-accommodation-procurement-market
Table of Contents
PART 1: SUMMARY
• Research Objectives and Methodology
• Category Definition
PART 2: CATEGORY AT A GLANCE
• Market Overview
• Preferred Procurement Models and Major Service Providers
• Category Snapshot – Cost-saving Opportunities
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