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Hotel Rooms Procurement Research Report | Published: May 2016

Helping businesses make better purchasing decisions, faster

Hotel Rooms: 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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The Hotel Rooms procurement report contains data and analysis of current and future trends when buying goods and services. IBISWorld’s in-depth procurement research is always presented in a logical and consistent format for easy reference throughout a company. The Hotel Rooms Procurement Research Report contains growth forecasts for a three-year outlook period and supplier profit benchmarks so your company can make the right purchasing decision.

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
Hotel Rooms - Recent Price Trend

The average price of hotel rooms has been increasing at an estimated annualized rate of 3.8% in the three years to 2016. Rising demand resulting from increases in domestic trips by US residents and inbound trips by non-US residents has been driving price growth. Consumers taking trips often stay in hotel rooms while they are away, so therefore, more trips drives higher demand. The number of trips... purchase to read more

Hotel Rooms - Total Cost of Ownership

There are no specific hidden costs that all hotel room buyers incur. Rather, hidden costs come in the form of extra charges that differ from hotel to hotel. Some hotels charge a resort fee on top of room rates to all buyers. This fee covers a variety of amenities that may include internet access, use of a fitness center and parking, but buyers are generally charged regardless of whether or not... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of hotel rooms. Hotels primarily provide short-term lodging and offer a variety of room types, including single rooms, double rooms and suites. Business, leisure and government travelers use these rooms, which are available throughout the country. This report does not cover either the rental of conference centers or rooms located in hostels or bed and breakfasts.



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