Property Management System (PMS) In Hotel Market Key Players & Growth Rate and Forecasts to 2027

The global Property Management System (PMS) in Hotel market size was valued at USD 907.65 million in 2021 and is expected to expand at a CAGR of 8.82% during the forecast period, reaching USD 1507.5 million by 2027.

A hotel is a complex system that encompasses the activities of many departments, and every operation must be tracked. For this purpose, hoteliers utilize various tools including spreadsheets, paper forms, and unified property management systems.

In this article, we'll talk about property management systems (PMSs) that handle reservations, front- and back-office operations, channel management, and more. You'll learn about the main functions of PMSs, compare products available from different providers, and receive recommendations on how to choose the most suitable system for your hospitality business.

A property management system (PMS) is software that facilitates a hotel's reservation management and administrative tasks. The most important functions include front-desk operations, reservations, channel management, housekeeping, rate and occupancy management, and payment processing. Although PMS software mostly controls reservation and financial transactions, it may allow you to manage housekeeping and perform human resources management as well. In general, PMS facilitates the main processes in a hotel related to internal and external operations.

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Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Property Management System (PMS) in Hotel manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Property Management System (PMS) in Hotel market covering all its essential aspects.

Global Property Management System (PMS) in Hotel Market: Segmentations

Global Property Management System (PMS) in Hotel Market: Major Players
RDPWin
Frontdesk Anywhere
Northwind
MSI
Guestline
Oracle
eZee Technosys
InnkeyPMS
InnQuest
Hotelogix
DJUBO

Global Property Management System (PMS) in Hotel Market: By Types
Accounting Software
Bookings
Check-in and check-out
Telephone systems integration
Point of sale (POS) integration
Event planning
Food and beverage costing
Hotel inventory supply management
Reporting of key performance indicators (KPI)
Security and room locks

Global Property Management System (PMS) in Hotel Market: By Applications
Business hotels
Airport hotels
Suite hotels
Other

Global Property Management System (PMS) in Hotel Market: Regional Analysis
The countries covered in the regional analysis of the Global Property Management System (PMS) in Hotel market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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This Property Management System (PMS) in Hotel Market Research/Analysis Report Contains Answers to your following Questions

● What are the global trends in the Property Management System (PMS) in Hotel market? Would the market witness an increase or decline in the demand in the coming years?

● What is the estimated demand for different types of products in Property Management System (PMS) in Hotel? What are the upcoming industry applications and trends for Property Management System (PMS) in Hotel market?

● What Are Projections of Global Property Management System (PMS) in Hotel Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

● Where will the strategic developments take the industry in the mid to long-term?

● What are the factors contributing to the final price of Property Management System (PMS) in Hotel? What are the raw materials used for Property Management System (PMS) in Hotel manufacturing?

● How big is the opportunity for the Property Management System (PMS) in Hotel market? How will the increasing adoption of Property Management System (PMS) in Hotel for mining impact the growth rate of the overall market?

● How much is the global Property Management System (PMS) in Hotel market worth? What was the value of the market In 2020?

● Who are the major players operating in the Property Management System (PMS) in Hotel market? Which companies are the front runners?

● Which are the recent industry trends that can be implemented to generate additional revenue streams?

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