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Travel Risk Management Services Procurement Research Report | Published: Mar 2016

Helping businesses make better purchasing decisions, faster

Travel Risk Management 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 Travel Risk Management 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
Travel Risk Management Services - Recent Price Trend

During the three years to 2016, travel risk management service prices have risen slowly at an estimated annualized rate of 0.3%. Rising demand has lifted service prices, but falling input costs and moderate competition among vendors have kept price growth in check.Growth in corporate profit has been a key driver of demand for travel risk management services in recent years. Indeed, rising... purchase to read more

Travel Risk Management Services - Total Cost of Ownership

The total cost of ownership (TCO) is high for buyers of travel risk management services. The primary cost that buyers pay is that of the travel itself, which includes airfare, hotels, ground transportation, meals and other expenses incurred during travel. The cost of each trip far outweighs the benchmark price of $2.55 per person per trip for travel risk management services, indicating a high... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of travel risk management services. Travel risk management providers evaluate, recommend and develop travel policies and procedures, then coordinate with third-party providers to offer travel advisories regarding weather, security threats, accidents and disease, as well as deliver onsite emergency assistance to travelers and conduct travel training. Travel agencies and travel risk management specialist firms operate in this market, working with human resources and travel departments to provide these services to companies that engage in frequent corporate travel.



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