Tourism and Lifestyle

Travel and Tourism Industry Business Outlook and Procurement Report H1 2015

  • CAN308807
  • 47 Pages
  • July 2015
  • Tourism and Lifestyle
Summary
Travel and Tourism Industry Business Outlook and Procurement Report H1 2015 is a new report by Canadean that globally analyzes top priorities, key emerging and developed markets. Top procurement areas, future budgets and supplier price outlooks are also covered.

Key Findings
- Improving operational efficiency and expand in current market are key priorities for travel and tourism organizations in H1 2015 (June-November 2015)

- China, Brazil, and India will present significant growth prospects during the next six months

- Market uncertainty and rising competition are major concerns for travel and tourism organizations

- Procurement activities for IT services and MRO activities are anticipated to increase during June-November 2015

- Overall, 30% of respondents anticipate the global procurement budget to be up to US$100,000 over the next six months

- The majority of executives anticipate supplier prices to increase in H1 2015

Synopsis
This report examines executive opinions on business outlook and procurement activities from June-November 2015. It also highlights key business priorities, supplier price variations, changes in capital expenditure and organizations perspectives on e-procurement. Information is categorized by region and company type.

Travel and Tourism Industry Business Outlook and Procurement Report H1 2015 also includes:

- Key business priorities: examine travel and tourism organizations important priorities for June-November 2015

- Emerging and developed markets: study key emerging and developed markets which will offer the most growth over H1 2015

- Change in MandA activity: analyze travel and tourism industry executives opinions on changes in merger and acquisition activity globally

- Business concerns: identify major business concerns which are likely to impact companies

- Change in capital expenditure: track the expected change in capital expenditure both globally and regionally

- Change in procurement activities: evaluate how procurement activities will change in the travel and tourism industry over the next six months

- Procurement budget outlook: review budget allocations along with changes in procurement expenditure over June-November 2015

- Supplier prices outlook: determine the expected change in supplier prices over June-November 2015

- E-procurement: identify executive perspectives towards e-procurement within the travel and tourism industry

Reasons To Buy
- Identify the key business priorities to realign business strategy

- Develop or adjust business expansion plans by understanding significant growth performance from emerging and developed markets

- Make changes in procurement budget allocations through projections anticipated by executives for June-November 2015

- Implement effective price management by viewing supplier price variations highlighted for H1 2015
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