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Growth Of The Hospitality Industry Driving Demand For Hotel Guest Feedback And Surveying Software: The Driving Engine Behind Hotel Guest Feedback And Surveying Software Market Evolution in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Hotel Guest Feedback And Surveying Software Market Size Growth Forecast: What to Expect by 2025?
Over the recent years, the market size for software used in surveying and receiving feedback from hotel guests has seen rapid expansion. The market value is expected to increase from $1.69 billion in 2024 to $1.94 billion in 2025, showcasing a compound annual growth rate (CAGR) of 14.5%. The unprecedented growth during the historical phase is due to factors such as increased competition among hotels, the heightened emphasis on customer satisfaction and customer experience in the hospitality industry, the trend towards personalization, the increasing impact of online reviews, and the worldwide expansion of the hospitality sector.
How Will the Hotel Guest Feedback And Surveying Software Market Size Evolve and Grow by 2029?
There is a forecast of quick expansion in the hotel guest feedback and surveying software market over the next couple of years. The market is predicted to inflate to "$3.24 billion by 2029, with an annual compound growth rate (CAGR) of 13.6%. Factors contributing to this growth during the projected period include the increasing combination of software dedicated to feedback and surveys with hotel management systems, a rising demand for real-time feedback mechanisms and a spike in boutique and lifestyle hotels. Other important factors are heightened worries about data security and privacy and growing recognition of the significance of guest satisfaction. Prominent trends for the forecast period consist of an inclination towards Artificial Intelligence (AI) and Machine Learning (ML), inclusion of voice and text analytics features, amalgamation with hotel management systems (HMS) and improved measures for data security and privacy.
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What Drivers Are Propelling the Growth of Hotel Guest Feedback And Surveying Software Market Forward?
The expansion of the hospitality industry is anticipated to fuel the hotel guest feedback and surveying software market's growth. The hospitality sector, which includes businesses and services linked to lodging, food and beverages, entertainment, travel, and tourism, contributes significantly to the economy. Its growth can be attributed to rising globalization, increased disposable incomes, and a surging demand for travel and leisure experiences. Hotel guest feedback and surveying software is a beneficial tool for the hospitality sector, giving hotels and resorts critical insights into guest satisfaction that enable them to enhance services, increase guest experiences, and uphold high-quality standards. In January 2023, the American Hotel and Lodging Association, a US-based trade organization for the hotel industry in the US, published a report stating a 11.1% increase in U.S. hotel demand in 2022 compared to 2021. Consequently, the expanding hospitality industry is propelling the growth of the hotel guest feedback and surveying software market.
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What Long-Term Trends Will Define the Future of the Hotel Guest Feedback And Surveying Software Market?
In an attempt to maximize their market revenue, major firms in the hotel guest feedback and survey software industry are concentrating on the development of advanced technological applications like real-time survey systems. These software platforms are created to gather real-time data, views, or feedback from individuals or groups. To illustrate, in February of 2023, Stay App, a hotel technology solution company based in Spain, unveiled "Instant Feedback," a real-time surveying solution. This solution provides hotel operators with the means to collect guest feedback from the time of check-in to check-out. The central objectives of Instant Feedback include enabling hotel personnel to quickly respond to guest feedback to enhance their experience prior to their departure and to prevent any potential negative feedback from appearing on third party sites.
What Are the Key Segments in the Hotel Guest Feedback And Surveying Software Market?
The hotel guest feedback and surveying software market covered in this report is segmented -
1) By Type: Cloud Based On-Premises
2) By Application: Luxury And High-End Hotels Mid-Range Hotels And Business Hotels Resorts Hotels Boutique Hotels Other Applications
3) By End-User: Hotel Owners Hotel Management Companies Hotel Chains
Subsegments:
1) By Cloud-Based: Saas-Based Hotel Feedback Solutions Web-Based Survey Platforms Mobile App-Integrated Feedback Tools Real-Time Feedback Collection Software Cloud-Hosted Customer Experience Management (Cem) Software Cloud-Based Data Analytics For Guest Feedback Automated Guest Survey Distribution Tools Cloud Solutions With Ai-driven Insights
2) By On-Premises: Self-Hosted Feedback Collection Software Standalone Surveying Systems On-Premises Guest Experience Management Tools Local Server-Based Feedback Analysis Solutions Customizable On-Site Survey Systems Guest Satisfaction Monitoring Tools (On-Premises) In-House Feedback And Reporting Software
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Who Are the Key Players Shaping the Hotel Guest Feedback And Surveying Software Market's Competitive Landscape?
Major companies operating in the hotel guest feedback and surveying software market are Amadeus Hospitality Americas Inc., Medallia Inc., SurveyMonkey Inc., Shiji Group, BirdEye Inc., Mews Systems B.V., InMoment, Cendyn Corporation, Trustpilot Group Inc., TrustYou GmbH, Revinate Inc., Hotelogix Limited, Benbria Ltd., AskNicely Limited, CustomerGauge B.V., Clarabridge Inc., Flexkeeping Ltd., Olery B.V., Fellafeed Pvt, GuestRevu Pty Ltd., HelloShift Inc., Loopon AB, Mobius Vendor Partners Inc., Zonka Technologies Pvt. Ltd.
What Geographic Markets Are Powering Growth in the Hotel Guest Feedback And Surveying Software Market?
North America was the largest region in the hotel guest feedback and surveying software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hotel guest feedback and surveying software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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