Hotel sourcing is changing. Your procurement process should too.
By Chelsea Franklin, Marketing & Communications Manager, Advito
The old adage is true – change is the only constant. This includes changes to the hotel space in the corporate travel industry. Hotel consolidation activity has increased considerably over the last two years. And this is just the beginning of the movement as we will continue to see hotel mergers and acquisitions in years to come.
When the market changes, but your program stays the same, you leave money on the table.
Download our latest white paper on breaking the hotel sourcing cycle for answers to the following questions:
- How has hotel sourcing changed in recent years?
- What impact will new technology, supplier consolidations, and supplier behaviors have on hotel rates?
- What are some solutions to the hotel sourcing issue? Hint: Dynamic Performance Management
- What’s next for the hotel sourcing process?