In 2020, executives in the global travel and hospitality industry were asked about their ability to deliver on digital objectives given the state of their company's budget. The majority of respondents, 39 percent, stated that they were somewhat confident about their company's ability to meet digital objectives given the state of their budget. Meanwhile, 12 percent of respondents stated that they were quite concerned.
Confidence level of travel and hospitality companies to deliver on their digital objectives worldwide in 2020
most respondents were in executive level positions as either managers, directors, or vice presidents, a significant minority held C-level positions at their organizations
Supplementary notes
The source phrases the question as, "How confident do you feel about the
following statement?: 'We have the necessary budget to deliver on our 2020
digital objectives.'"
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Skift. (August 3, 2020). Confidence level of travel and hospitality companies to deliver on their digital objectives worldwide in 2020 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1249324/travel-hospitality-company-confidence-meeting-digital-objectives-worldwide/
Skift. "Confidence level of travel and hospitality companies to deliver on their digital objectives worldwide in 2020." Chart. August 3, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1249324/travel-hospitality-company-confidence-meeting-digital-objectives-worldwide/
Skift. (2020). Confidence level of travel and hospitality companies to deliver on their digital objectives worldwide in 2020. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1249324/travel-hospitality-company-confidence-meeting-digital-objectives-worldwide/
Skift. "Confidence Level of Travel and Hospitality Companies to Deliver on Their Digital Objectives Worldwide in 2020." Statista, Statista Inc., 3 Aug 2020, https://www.statista.com/statistics/1249324/travel-hospitality-company-confidence-meeting-digital-objectives-worldwide/
Skift, Confidence level of travel and hospitality companies to deliver on their digital objectives worldwide in 2020 Statista, https://www.statista.com/statistics/1249324/travel-hospitality-company-confidence-meeting-digital-objectives-worldwide/ (last visited December 21, 2024)
Confidence level of travel and hospitality companies to deliver on their digital objectives worldwide in 2020 [Graph], Skift, August 3, 2020. [Online]. Available: https://www.statista.com/statistics/1249324/travel-hospitality-company-confidence-meeting-digital-objectives-worldwide/
