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9/9/2006
10:33 AM
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IT To The Rescue? IT Spending In 2006 To Top 2005

It's been a tough year for the hospitality and travel industries -- increased security measures and threats, along with sky-high fuel prices, have only increased the need to walk the fine line between slashing costs while deploying cutting-edge, cost-saving, and security-enhancing technologies. This year finds the industry focused on BI tools and wireless e-mail, but interest could be shifting to SOA and Linux. The charts below outline the business, technology, and budgeting strategies of the ho

chart

chart

Inside Hospitality & Travel
2.5% of Industry's Annual Revenue Devoted to IT
41% of IT Budget Devoted to New Projects
88% of Companies Expecting 2006 IT Spending to Exceed 2005


Business Change
56% Creating New Products/Services for Customers in 2006
44% with Global Supply Chain
33% Deploying Business Intelligence Tools to Raise Productivity

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