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Corporate Travel Services Procurement Research Report | Published: Jun 2016

Helping businesses make better purchasing decisions, faster

Corporate Travel Services: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Corporate Travel Services procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 13-16
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 16-19
Price Change
Corporate Travel Services - Recent Price Trend

During the three years to 2016, the average price of corporate travel services has remained relatively flat, rising at a marginal estimated annualized rate of 0.1%. Although the recession took a toll on corporate buyers, the number of work-related trips has slowly climbed in recent years on the back of the rebounding economy, boosting demand for this market's services and hurting buyer power... purchase to read more

Corporate Travel Services - Total Cost of Ownership

Corporate travel agents research, arrange, manage and optimize corporations' travel needs. They also negotiate rates with various suppliers to help secure the lowest rates for the travel plans they create. The rates that corporate travel agents charge only cover these services. The cost of the travel services and accommodations that they procure for the buyer are not included in their initial... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of corporate travel services. Corporate travel service providers include travel agencies, tour operators, chartering firms and travel management companies that research, arrange, manage and optimize corporations’ travel needs. Travel plans can be booked for individuals or groups and can include modes of transportation, accommodations, meeting spaces, car rentals, dining options and additional attractions. Corporate travel service providers can also sell individual components of a tour package (e.g. hotel accommodations). Components of corporate travel services, such as hotels, airlines and attractions are not the focus of this report.



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