Asia Pacific Hotel & Hospitality Management Software Market with Competitive Analysis, New Business Developments with CAGR 9.4% during the forecast period 2021–2026

Asia Pacific Hotel & Hospitality Management Software Market

Hotel and hospitality management software (HMS) helps hotels perform daily operations, such as manage reservations, the point of sale transactions, check in guests, and coordinate housekeeping, as well as enhance the guest experience using CRM (customer relationship management). Presently, it has become crucial for the hotel and hospitality industry to improve its services for the tourism. According to United Nations World Tourism Organization (UNWTO), arrivals of around 324 million tourists registered in Asia-Pacific region in 2017. According to Grant Thornton, countries such Thailand, Malaysia, and Indonesia in Asia-Pacific region are rapidly adopting cloud-PMS software due to younger hotel infrastructure and a high number of new hotel openings.

The Major Players Covered in this Report:
Cisco Systems, Inc. (U.S.), Huawei Technologies Co. Ltd. (China), IBM Corporation (U.S.), Infor Inc. (U.S.), Honeywell International (U.S.), Johnson Controls (Ireland), NEC Corporation (Japan), Oracle Corporation (U.S.), Protel hotelsoftware GmbH. (Germany), RezNext Global Solutions Pvt Ltd. (India), Sabre Corporation (U.S.), Schneider Electric (France), Travelclick Inc. (U.S.), Trawex Technologies Pvt Ltd (India), Winhotel Solution (Spain).

Asia Pacific hotel & hospitality management software market by property management is expected to grow at CAGR of 9.4% during the forecast period 2019–2026.

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By Product Type
CRS (Central Reservation System), Channel Manager, Booking Engine, Digital Services, Property Management, Others

By Hotel Type
Business Hotel, Resorts and Spas, Boutique Hotel, Others

By Deployment Model
On-Premise, On-Cloud

By Service
System and Integration, Professional Service, Managed Service, Others

Asia Pacific Hotel & Hospitality Management Software Market By Applications

Segmental Insights

The Asia Pacific Hotel & Hospitality Management Software market are segmented by product type, hotel type, deployment model, service system and region.

On the basis of Product Type, the Asia Pacific HHMS software market is segment by CRS (Central Reservation System), channel manager, booking engine, digital services, property management, others. A hotel CRS constitutes of various modules including reservation, profiles, groups and blocks, rate and inventory control, administration, reporting, global distribution interface, and PMS interface. As technology continues to advance, big data and smart algorithms technology allow the CRS to deliver geo-targeted pricing and personalization such as delivering unique one-to-one pricing to individual travelers. Digital services in the hotel and hospitality industry offer innovative guest experiences. Hotel and hospitality management software are offering new digital services such as a virtual concierge, which provide guests with conversational and contextual assistance.

Regional Analysis For Asia Pacific Hotel & Hospitality Management Software Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Asia Pacific Hotel & Hospitality Management Software are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

Why buy this report?

Our report covers the global Hotel & Hospitality Management Software market insights, focusing on recent developments in the market in different regions and development strategies of the companies. Moreover, following sections are specifically covered in the report.

Competitive Analysis
Market concentration of top five players
Hotel & Hospitality Management Software market analysis and forecast by region
Market Share analysis
Potential Ventures

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