Hotels


Report Abstract:

This Market Intelligence Report focuses on the hotels marketplace in the United States from a supply chain sourcing perspective. The hotel sourcing market includes establishments that offer a standalone lodging service or a combination of more than one service. The report highlights the business travel segment. Primarily a fragmented and mature industry, hotels have a well developed supplier base and is growing at a medium rate. The hotels category has medium product segmentation and serves primarily commercial and consumer markets. The demand for hotels is driven by domestic leisure travel and supported by both domestic and international business travel. With the declining economy and lower disposable income, domestic leisure travel is growing weaker. Key costs around the hotels category include primary labor, depreciation and amortization, costs of food and beverages and costs of utilities. The major trends in the hotels industry focus extensively on market conditions that are challenging hotel companies, and the resulting strong competition for customers, among others. Regulatory considerations include consumer privacy protection, environmental laws and fire safety. The risk outlook for the hotels industry is deteriorating based on the macroeconomic environment. Category management best practices around the hotels industry include strategic sourcing practices, green initiatives, compliance, and data usage.

Starting with detailed background information to provide category context, this report provides insight into the market drivers around demand and key costs, including both historical and forecasted commodity pricing. The supply base section covers the top suppliers, including high-level overviews and market news. The report presents the NAICS category cost structure and historical, current and future pricing curves. The trend section reports new and emerging industry directions. Regulatory considerations include tariff and taxation issues and developing governmental initiatives. Risk outlooks offer a view into upstream drivers that could adversely affect the industry and category. Insights and Best Practices share winning strategies around the management and sourcing of this category.

Contact us about your market intelligence report needs