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New competition in procurement

A US giant wants to buy European companies and launch its model

Experts know that procurement is a multidimensional process that encompasses cost management, value optimisation and alignment with brand and operational requirements. / © Mod, Adobe Stock

30.5.2025

The capex reserve in the hospitality industry has more than doubled due to coronavirus. Procurement is about more than just buying. FF&E is budgeted; OSE is overlooked. North America's leading procurement company now wants to get a big slice of this revenue pie in Europe too.

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Autor

Macy Marvel

is a former professor of economics and finance at EHL who likes to analyze markets and figures from the global hospitality business. A favourite travel destination: Crete.