Technology Spending

April 2008
Hospitality Upgrade;Spring2008, p148
Trade Publication
The article features a market survey conducted on the technology spending of hospitality companies in the U.S. Result shows that 57% of chief information officers (CIOs) agreed that comparative spend data available to them was poor while 95% of CIOs stressed that they were likely to complete a comparative spend survey. The study is significant to the industry because through it one can produce statistics that have enough credibility and methodology and which can be use in calculating average daily rate (ADR) and revenue per available room (RevPAR).


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