Sales Revenue in the Hotel and Hospitality Management Software Market to Register a Stellar CAGR During 2021 – 2027: Oracle, Infor, Protel hotelsoftware, Sabre, ASSD, Delta Software, eZee FrontDesk, innRoad

According to the latest market research report released by WMR, the global hotel and hospitality management software market is expected to accelerate at a CAGR close to 9% during the forecast period (2021-2027). Reduction in overall operational costs is one of the key factors triggering the growth of the market.

This research report titled ‘Global Hotel and Hospitality Management Software Market’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

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The rapid growth in the tourism and the hospitality industry is the major factor driving the growth of the hotel and hospitality management software market. The tourism and hospitality industry is considered as the third largest sub-segment in the services sector which includes trade, repair services, hotels, and restaurants.

Global hotel and hospitality management software: Top emerging trend
The rise in cloud integration is an emerging trend in the hotel and hospitality management software space. The cloud-based hotel and hospitality management software provide access to the application via web-based browsers, wherein the admin has previously defined the access level and processes across the organization. Cloud-based hotel and hospitality management software provides users with mobile apps for easy access and mobility.

The software provides high scalability as a cloud-based system is designed to be flexible with the expanding capacity. Other benefits of cloud-based software include integration with commonly used office applications, social CRM, and automatic cloud data backups. Therefore, with such benefits, the hotel and hospitality management software is expected to witness a positive outlook, during the forecast period.

Business hotels contribute a major share in the growth of the hotel and hospitality management software market. The increased facilities that are provided by the business hotels such as unified communication capabilities help the business people and other guests to conduct meetings and conferences. Thus it is estimated that this segment will register comparatively high growth in the future years.

The guest service management system is anticipated to grow at the highest CAGR during the forecast period. Increasing demand for automated real-time optimized guest services and the rise of demographic growth are expected to propel market growth in the near future.

The on-premises segment was the leading segment and it accounted for the major share of total revenue generated in 2016. This growth is mainly due to the increasing adoption of the on-premises application software on account of the rising need to improve business productivity.

The Asia Pacific is expected to dominate the global hotel and hospitality management software market over the forecast period. The market is well developed in the Asia Pacific region owing to the high investments that are made for the development of the market.

This report focuses on the top players in the global market, like: Oracle, Infor, Protel hotelsoftware, Sabre, ASSD, Delta Software, eZee FrontDesk, innRoad, Intertec Systems, iRiS Software Systems, Jonas Software, Trawex, Winsar.

Market segment by Type:
On-premises
SaaS-based

Market segment by Application:
Business hotel
Resort hotel
Econo hotel

Market Insights

• Market Sizing and Forecasts
• Market Growth
• Market Drivers and Challenges
• Key Emerging Trends

Vendor Landscape

1. Vendor classification
2. Market positioning of vendors
3. Competitive scenario
4. Analysis of top vendors

The research analysts in their primary research observed that several prominent players in the industry have innovative offerings at competitive rates, to fulfill end-user requirements. The global hotel and hospitality management software market is segmented on the basis of the hotel type, type, deployment, and geographical regions.

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Table of Contents
1 Industry Overview of Hotel and Hospitality Management Software
2 Global Hotel and Hospitality Management Software Competition Analysis by Players
3 Company (Top Players) Profiles
3.1 Oracle
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services, and Solutions
3.1.4 Hotel and Hospitality Management Software Revenue (Value) (2015-2020)
3.1.5 Recent Developments
4 Global Hotel and Hospitality Management Software Market Size by Type and Application (2015-2020)
5 United States Hotel and Hospitality Management Software Development Status and Outlook
6 EU Hotel and Hospitality Management Software Development Status and Outlook
7 Japan Hotel and Hospitality Management Software Development Status and Outlook
8 China Hotel and Hospitality Management Software Development Status and Outlook
9 India Hotel and Hospitality Management Software Development Status and Outlook
10 Southeast Asia Hotel and Hospitality Management Software Development Status and Outlook
Continue . . .

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