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The Synergy Of Tourism And Hotel And Hospitality Management Software Driver: Leading Transformation in the Hotel And Hospitality Management Software Market in 2025

03-20-2025 05:59 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: The Business Research Company

Hotel And Hospitality Management Software Market Share

Hotel And Hospitality Management Software Market Share

What combination of drivers is leading to accelerated growth in the hotel and hospitality management software market?
The hotel and hospitality management software market is expected to grow due to the rapid rise in tourism. Economic growth, better transportation, and a growing interest in cultural exchange are driving tourism. Hospitality software helps improve guest experiences, streamline bookings, and enhance communication. For example, international tourism hit $1 trillion in 2022, with a 50% increase from 2021, according to the World Tourism Organization. This growth in tourism is fueling the hotel and hospitality management software market.

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What is the projected compound annual growth rate (CAGR) of the hotel and hospitality management software market from 2025 to 2034, and what factors influence it?
The hotel and hospitality management software market is expected to rise from $3.43 billion in 2024 to $3.65 billion in 2025 at a CAGR of 6.5%. Key factors include increased SaaS adoption, automation demand, a focus on customer experience, globalization of hospitality, and regulatory compliance.

The Hotel and Hospitality Management Software Market is expected to expand to $4.73 billion by 2029, with a CAGR of 6.7%. Growth is fueled by IoT and smart technologies, increasing demand for contactless solutions, sustainability initiatives, and hybrid work models. Trends include AI and machine learning integration, cloud-based solutions, IoT adoption, and advanced data analytics.

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How are the latest trends influencing the growth of the hotel and hospitality management software market?
In the hotel and hospitality management software market, companies are leveraging SaaS-based platforms to optimize operations and gain a competitive edge. SaaS-based platforms streamline hotel management by automating workflows and utilizing AI for data-driven decision-making. For instance, in December 2023, Revivo Technologies, based in India, launched Hotel X, a comprehensive SaaS platform that integrates AI and ML algorithms to optimize pricing and sales channels while enhancing the guest experience with digital check-ins and service ordering.

What are the major segments of the hotel and hospitality management software market and their role in driving growth?
The hotel and hospitality management software market covered in this report is segmented -

1) By Type: Hotel Operation Management System, Integrated Security System, Hotel Building Automation System, Guest Service Management System, Integrated Communication Technology Solutions
2) By Deployment Type: On-premises, SaaS-Based
3) By Services: System And Integration, Professional Services, Managed Services, Other Services
4) By Hotel Type: Business Hotel, Resorts And Spas, Boutique Hotel, Other Hotels

Subsegments:
1) By Hotel Operation Management System: Property Management System (PMS), Reservation Management, Front Desk Operations, Housekeeping and Maintenance Management
2) By Integrated Security System: Access Control Systems, Surveillance Systems (CCTV), Alarm And Emergency Systems, Incident Management Software
3) By Hotel Building Automation System: Energy Management Systems, HVAC Control Systems, Lighting And Shade Control Systems, Environmental Monitoring Systems
4) By Guest Service Management System: Guest Relationship Management (GRM), Concierge Services Software, Online Booking And Check-In Systems, Guest Feedback And Review Management
5) By Integrated Communication Technology Solutions: In-Room Communication Systems (Phones, Tablets), Staff Communication Tools (Messaging Apps, Walkie-Talkies), Guest Wi-Fi Management, Integrated Messaging Platforms (SMS, Email, Chatbots)

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Which regions are key players in the growth of the hotel and hospitality management software market?
North America was the largest region in the hotel and hospitality management software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hotel and hospitality management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the hotel and hospitality management software market?
Major companies operating in the hotel and hospitality management software market are Oracle Corporation, Schneider Electric, NEC Corporation, Amadeus Hospitality Inc., Infor Hospitality, Sabre Corp., Choice Hotels International Inc., Travelclick Inc., Guesty Corp., eZee Technosys Pvt. Ltd., SiteMinder Limited (Little Hotelier), Protel Hotel Software GmbH, Hotelogix PTE, Newhotel Software, StayNTouch Inc., Trawex Technologies Pvt Ltd., ResNexus, WebRezPro-World Web Technologies Inc., The ASSD Software Company, Clock Software Solutions Pvt.Ltd., Hoteliga International Sp. z o.o., RoomRaccoon B.V., Winhotel Solution Ltd., MyAllocator, Clarity Hospitality Software Solutions

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What Is Covered In The Hotel And Hospitality Management Software Global Market Report?

•Market Size Forecast: Examine the hotel and hospitality management software market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the hotel and hospitality management software market for a structured understanding.
•Key Players Overview: Analyze major players in the hotel and hospitality management software market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hotel and hospitality management software market.
•Segment Contributions: Evaluate how different segments drive overall growth in the hotel and hospitality management software market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hotel and hospitality management software market.
•Industry Challenges: Identify potential risks and obstacles affecting the hotel and hospitality management software market.
•Competitive Landscape: Review strategic developments in the hotel and hospitality management software market, including expansions, agreements, and new product launches.

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