SmartStay Pro: Elevating Guest Experiences with Intelligent Hospitality Management

Through digital in-room entertainment systems, hotels can improve their guest experience and increase income with smart hospitality. Several hospitality brands are able to tweak and customise both their back-end and front-end solutions, allowing for a more distinctive traveller experience.

Data Bridge Market Research analyses that the smart hospitality market is expected to grow at a CAGR of 26.3% during the forecast period of 2022 to 2029, at a USD 18.11 billion in 2021 and is further estimated to reach USD 117.26 billion by 2029.

Get More Info: https://www.databridgemarketresearch.com/reports/global-smart-hospitality-market

COVID-19 Impact on Smart Hospitality Market

The pandemic of COVID-19 has had a huge impact on the smart hospitality market. The disease's global effects are already being seen, and the smart hotel business is projected to be heavily impacted. Governments all across the world have closed international borders and halted international and domestic flights, negatively impacting the hospitality industry. The outbreak of COVID-19 has caused panic among visitors. As a result, people have cancelled personal and professional travels, putting a strain on the hospitality industry. However, in the post-COVID scenario, smart hospitality market is projected to be significantly impacted due to the lifting of travel restrictions and the return of flights, on the other hand, are projected to revive market growth.

Global Smart Hospitality Market Scope and Market Size
The smart hospitality market is segmented on the basis of type, hotel type, deployment mode and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type
• Software
• Services
On the basis of type, the smart hospitality market is segmented into software, and services. Software is further sub segmented into hotel operation management system, integrated security system, hotel building automation system, guest service management system, and integrated communication technology solutions. Hotel operation management system is further sub segmented into staff mobility and workforce management, inventory and logistics management, and revenue management. Integrated security system is further sub segmented into video surveillance system, access control system, and emergency incident management system. Hotel building automation system is further sub segmented into energy management platform and facility management system. Guest service management system is further sub segmented into centralized reservations systems, room automation and control system, and guest experience management system. Integrated communication technology solutions are further sub segmented into network management system, unified communications and collaboration, and mobile device management system. Services is further sub segmented into professional services and managed services.

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