ProctoCast 5: Travel & Events Trends in 2021 and beyond - Anna Price from Procuregence
I think we can all agree that 2020 has been most impactful to the travel, leisure and hospitality industries.
But how will this affect how we procure these services going forward? And what are travel and events procurement professionals seeing as the trends as we enter 2021?
My guest today on ProtoCast to help answer all of this is Anna Price, a travel, hospitality and events procurement expert from Procuregence.
Will contraction result in consolidation of the market and higher prices over the long-term? How will distressed businesses deal with their customer base, and what can you as the buyer do to mitigate any potential losses, or unanticipated price increases?
Over the longer term, what are we likely to see as the dust settles and things begin to return to normal? And how will this normal be different from what we considered normal pre-2020?
And interestingly, Anna also shares how this could be a once-in-a-lifetime opportunity to enforce compliance. With very little travel, it could be the perfect time to strategise, trim your long tail of vendors and ensure that a more stick-based approach to user compliance can be implemented.
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Protcocast is a part of the Proctopus network.
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Connect with James here:
https://linkedin.com/in/james-meads/
Connect with Anna here:
https://www.linkedin.com/in/annaprice/
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