Albany, NY -- (SBWIRE) -- 07/17/2015 -- "Travel and Tourism Industry Business Outlook and Procurement Report H1 2015" is a new report by Canadean that globally analyzes top priorities, key emerging and developed markets. Top procurement areas, future budgets and supplier price outlooks are also covered.

Key Findings

'Improving operational efficiency' and 'expand in current market' are key priorities for travel and tourism organizations in H1 2015 (June-November 2015)

'China', 'Brazil', and 'India' will present significant growth prospects during the next six months

'Market uncertainty' and 'rising competition' are major concerns for travel and tourism organizations

Procurement activities for 'IT services' and 'MRO activities' are anticipated to increase during June-November 2015

Overall, 30% of respondents anticipate the global procurement budget to be up to US$100,000 over the next six months

The majority of executives anticipate supplier prices to increase in H1 2015

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This report examines executive opinions on business outlook and procurement activities from June-November 2015. It also highlights key business priorities, supplier price variations, changes in capital expenditure and organizations perspectives on e-procurement. Information is categorized by region and company type.

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Table of Contents:

Introduction
Definitions
Methodology and sample size
Respondent profile Global Business Outlook in H1 2015
Strategic business priorities
Emerging markets with significant growth potential
Growth potential for developed markets
Mergers and acquisition
Leading business concerns
Capital expenditure projections Procurement Behaviors and Strategies
Potential changes in procurement resources and objectives
Procurement activity outlook in key areas
Global procurement budget projections
Planned change in procurement expenditure
Supplier prices outlook
Organizations' viewpoints on E-procurement

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Reasons To Buy:

Identify the key business priorities to realign business strategy

Develop or adjust business expansion plans by understanding significant growth performance from emerging and developed markets

Make changes in procurement budget allocations through projections anticipated by executives for June-November 2015

Implement effective price management by viewing supplier price variations highlighted for H1 2015

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