Databank


In association with


Highlights from the Institute of Travel & Meetings annual report, which polled more than 100 of its UK-based travel buyer members


ITM INDUSTRY OUTLOOK 2014 Global hotel rates forecast


Data prepared for ITM by TCG Consulting shows projected price increases around the world. Key business destinations are expected to operate at high capacity during 2014


NORTH AMERICA 2%-4%


2% CANADA 4% UNITED STATES


EUROPE 0%-3%


3% FRANCE 3% GERMANY 2% UK


CIS/RUSSIA 0%-3%


2% RUSSIA ASIA 2%-7% 3% CHINA


AFRICA 1%-7%


7% NIGERIA 4% SOUTH AFRICA


7% HONG KONG 2% JAPAN


7% SINGAPORE


MIDDLE EAST 1%-7%


3% SAUDI ARABIA 7% UAE


LATIN AMERICA 0%-8%


6% ARGENTINA 8% BRAZIL 3% MEXICO


SW PACIFIC 3%-4%


4% AUSTRALIA 3% NEW ZEALAND


Heathrow airport to increase capacity? Yes No Not sure 0%


20% 2012


20 40% 60% 2014


Does your organisation have an integrated online booking and expense management solution?


Yes 33% 0% 20% 40% No 67% 60% 80% Source: ITM – 2014 Industry Outlook: Trends in Corporate Travel 100% 0% 80% 100% Yes No Not sure 0%


20% 2012


40% INTEGRATED TRAVEL AND EXPENSES


If not, do you plan to implement an integrated online booking and expense management solution in the next 12 months?


Yes 75% 20% 40% 60% No 25% 80% 100% 60% 2014 80% 100%


HEATHROW EXPANSION Do you support the expansion of


HIGH-SPEED RAIL


Do you support the expansion of high-speed rail in the UK?


MARCH/APRIL 2014


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