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 hospitality and travel companies selected in the InformationWeek 500.


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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Editor's Choice
Brandon Taylor, Digital Editorial Program Manager
Jessica Davis, Senior Editor
Cynthia Harvey, Freelance Journalist, InformationWeek
Terry White, Associate Chief Analyst, Omdia
John Abel, Technical Director, Google Cloud
Richard Pallardy, Freelance Writer
Cynthia Harvey, Freelance Journalist, InformationWeek
Pam Baker, Contributing Writer