China Expected to Be a Top Destination for Travelers by 2018, Says SpendEdge

22-Aug-2017 Intellasia | BusinessWire | 5:00 AM Print This Post

LONDON–(BUSINESS WIRE)–#Procurement–Global procurement intelligence advisory firm, SpendEdge,
has announced the release of their ‘Travel
Management Services Procurement Market Intelligence Report
.’ The
insights and data in this report provide a strategic analysis of the
supply markets, factors influencing purchasing decisions, procurement
best practices, pricing models, supplier landscape, and an analysis of
the supplier capability matrix for the travel
and entertainment
industry. This report breaks down the data and
analysis behind the procurement of travel management services and acts
as an all-inclusive guide for making smart purchasing decisions.

The travel management sector is poised for rapid growth due to
positive trends in global macroeconomic factors and growing business
activities across emerging markets such as India
,” says lead
SpendEdge procurement analyst Angad Singh. “China is expected to be
one of the top destinations for travelers by 2018, which will contribute
significantly to the market demand
,” added Angad.

Key Report Features

Supply Market Insights     Negotiation Strategies
Procurement Best Practices     Category Risk Analysis
Cost Saving Opportunities     Key Supplier Analysis
Pricing Models     Supplier Capability Matrix

Looking for more insights from this report? Request
a free sample report

SpendEdge sample reports are free of charge and provide insights that
focus on cost-saving aspects of procurement and optimization of category

Report Insights

  • The global travel management services market is projected to grow at a
    CAGR of 7.3% over the forecast period due to large organizations
    outsourcing their corporate travel management to TMCs.
  • Buyers must achieve the right blend of global and regional suppliers
    to ensure a consistent supply of services in regions where global
    players do not have supply capabilities.
  • Travel management service providers need to ensure the privacy of
    their customers, and buyers need to include data security in their
    agreements to protect their clients.

This report is available at a discount for a limited time only: View
a procurement intelligence snapshot before purchasing

Travel Management Services Pricing Trends

Travel management service suppliers provide the transaction-based,
dynamic, and cost-plus pricing models to its buyers. The
transaction-based model is the most preferred one due to the high spend
visibility and the better quality of service that it provides. However,
the dynamic model has the most potential in the coming years due to its
transparency and option to pay only for the availed services.

To purchase this report and view all the insights or request a
customization of this report, please contact
[email protected]

Browse Related Reports:

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred market intelligence partner for Fortune
500 firms and other leading companies across numerous industries. Our
strength lies in delivering robust, real-time procurement market
intelligence that helps sourcing and procurement professionals make
informed decisions. These innovative procurement solutions help
enterprises transform structural capabilities, improve execution
efficiency, and fast-track time to savings.


Jesse Maida
US: +1 630 333 9501
UK: +44 208 123
[email protected]


Category: BusinessWire, PRAsia

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