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NEW YORK, July 22, 2021 /PRNewswire/ -- The Hotel and Accommodation will grow at a CAGR of 4.95% by 2024. Prices will increase by 2%- 5% during the forecast period and suppliers will have a moderate bargaining power in this market. This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their Hotel and Accommodation requirements.
Hotel and Accommodation Procurement report explains key category management objectives that should form the base for sourcing strategy, including:
Supply base rationalization
Reduction of TCO
Demand forecasting and governance
Adherence to regulatory nuances
Scalability of inputs
Minimalization of ad hoc purchases
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This report evaluates suppliers based on provision for applicable insurance policy, real-time analysis, pipeline software solutions, and conduct pipeline surveys. In addition, suppliers are also shortlisted based on business needs, technical specifications, operational requirements, security compliance, regulatory mandates, legal requirements, quality control, change management procedures, pricing models, penalty clauses, SLA nuances, acceptance criteria, and evaluation criteria.
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Table of Content
Category Pricing Insights
Category Management Strategy
Category Management Enablers
Suppliers under Coverage
US Market Insights
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