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Corporate Travel Services Procurement Research Report | Published: Feb 2017

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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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Corporate Travel Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Corporate Travel Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 14-17
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 17-20
Price Change
Corporate Travel Services - Recent Price Trend

During the three years to 2017, the average price of corporate travel services has remained relatively flat, rising at a marginal estimated annualized rate of 0.2%. Although the recession took a toll on corporate buyers, the number of work-related trips has slowly climbed in recent years following the rebounding economy, boosting demand for this market's services and hurting buyer power. The... 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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