MICE, Travel & Hospitality Indirect · Indirect
Monitoring · monthly
Procurement Category Intelligence

Hotel Corporate Rate Programs

Overview
Market size
$75
global, USD
CAGR
5.2%
base to forecast
Buyer power
-1.9
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored

Market outlook

2031$97

What changed

Demand by region

North America demand40%
Europe demand30%
Asia Pacific demand20%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Labor and Human Capital45%
ICT and Real-Time Data Infrastructure25%
Real Estate and Property Operations15%
Global Procurement and Sourcing Architecture15%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked

Related categories

Corporate Travel Management - TMCOnline Booking ToolsAirline GDS SubscriptionsAirline Corporate ContractsHotel Group Booking ServicesConference HotelsConvention Center RentalTrade Show Floor Space