openPR Logo
Press release

Smart Hospitality Management Market Report – Actionable Insights and Recommendation 2017-2027

08-21-2017 09:38 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Smart Hospitality Management Market Report – Actionable

With the growing usage of IT enabled services and the technology driven market, almost all the industries are transforming into technology driven industry. Hospitality industry is also transforming into technology driven industry by adapting smart hospitality solutions. The factors that are affecting smart hospitality market are growing usage of social media, cloud based services, implementation of smart appliances and marketing automation.

The smart hospitality management is also known as the process in which hotels, resorts and other business hotels are transforming their infrastructure by installing smart technologies in order to enhance, their offerings. The inclusion of these smart technologies in the hospitality sector is helping hospitality businesses to consistently provide better and quality services to their clients and guest.

Smart Hospitality Management includes wide range of smart hospitality solutions such as room automation, contact center, automated lighting management, video integration and other services. These Smart Hospitality Management solutions have improved the operational efficiency of hotel staff as wireless systems help them to move freely and provide quick customer service to guest. These Smart Hospitality Management solutions improves the guest experience and increases the loyalty among them.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3287

Smart Hospitality Management Market: Drivers and Challenges

The major factor driving the Smart Hospitality Management market is the increasing usage of smart and IOT applications in hospitality sector. There has been rise in the usage of connected devices and smart technologies across hotels, restaurants, travel agency to improve customer satisfaction. The other driving factors are usage of wireless communication devices, web based remote management, real-time HVAC control, and other.

The key challenge in the Smart Hospitality Management is the lack of IT department or the technically skilled personnel that can help in implementation and integration of technologies in the hotel. In many hotels there is no IT skilled personnel available that can help in smart technology management and help guest in making usage of smart appliances available in their room.

Another major challenge is the security threat. In hospitality sector, hotels and other service providers keeps personal information of their guest and allow guest to use Wi-Fi for business and other works. This increases the risk as smart technologies integrates all the information and in case of security breach, the private information of guest can be leaked.

Smart Hospitality Management Market: Segmentation

Segmentation on the basis of Solutions:

Connected guest experience management

Hotel operation management

Automation management

Real-time monitoring management

Security management system

Segmentation on the basis of applications:

Hotels

Cruise

Resorts

Luxury Yachts

Business Hotels

Others

Key Contracts:

In November 2016, SMARTEQ has entered into the partnership with Swisscom hospitality in order to provide modern technology based hospitality solutions in Russia. This partnership will help Swisscom to implement connected hotel TV, high speed internet access, smart room control, VOIP solutions and other smart hospitality technologies.

In February 2016, Rainmaker has entered into the partnership with Cvent, an enterprise event management platform provider. This partnership will help Rainmaker in getting integrated platform to manage the guest needs and demand on the real time basis.

In Smart Hospitality Management market there are many vendors some of them are IBM, Cisco, Samsung, Wisuite, NEC, Oracle, Qualsoft, Honeywell, Siemens and others

Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3287

Regional Overview

Presently, North America is holding the largest market share for Smart Hospitality Management due to high adoption of smart and Internet of Things based technologies among industries. The adoption of other technologies such as smart appliances, smart phones, and social media is also impacting the market for Smart Hospitality Management in a positive manner. Companies such as Cisco and IBM are also working towards the development of Smart Hospitality Management platforms in this market to enhance market opportunities.

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Hospitality Management Market Report – Actionable Insights and Recommendation 2017-2027 here

News-ID: 676274 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Hospitality

Caprixaa - Hospitality Management
Caprixaa provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition. Caprixaa Hospitality Management also has a proven record of developing bespoke hotel brands and utilizes industry-leading proprietary revenue management tools that identify and predict evolving market dynamics to drive outperformance and maximize asset value. The mission of Caprixaa is to enhance and assist hotels in meeting their objectives for long-term
Meridieos - Hospitality & Retail Consulting
Meridieos - Hospitality & Retail Consulting is one of the leading companies in business, organizational development, marketing, luxury, hotel, restaurant, hospitality, tourism, retail, fashion, executive search, training and development, dedicated to transforming minds and igniting change in organizations and companies worldwide. With a team of expert doctors, Meridieos delivers best-in-class consulting & advisory services and customized learning and development programs to industry-leading organizations. Embrace your power to transform your mind,
Hospitality Business Market New Study Report Explores Huge Growth in Forthcoming …
Global Hospitality Business Market is expected to huge growth during forecast period 2019 to 2025. Hospitality Business is one of the Massive Profitable Sector in World. The hospitality industry is a broad category of fields within the service industry that includes lodging, event planning, theme parks, transportation, cruise line, travelling and additional fields within the tourism industry. The hospitality industry is an industry that depends on the availability of leisure
Omni Hospitality, South African hospitality market leader chooses eZee as a tech …
Established and well accepted in the hospitality industry for over a decade, eZee Technosys and Omni Hospitality join hands to rock the hospitality industry in South Africa with their recent partnership alliance. An exclusive deal has been signed between eZee Technosys and Omni Hospitality wherein eZee will be the sole technology provider for Omni and correspondingly Omni Hospitality will get benefits of being the only governing distribution channel for eZee in
Customer Experience in the Hospitality Industry Set for Improvement with Epicor …
Dubai, United Arab Emirates – May 29, 2017 - Customers are at the heart of the hospitality industry, where successful businesses pride themselves on delivering the highest levels of customer experience, perhaps more than any other industry, according to Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth. The sector is booming, with global business travel spend hitting a record-breaking $1.2 trillion and leisure travel
Vietnamese Hospitality Comes of Age
HUE, Vietnam — Twenty years after Vietnam emerged from decades of war and privation, lighting up on the radar screens of travelers worldwide, maturation of the country's hospitality industry reached a new milestone this month as La Residence Hotel & Spa appointed Phan Trong Minh as its new general manager. The Hue native succeeds a string of foreign general managers and marks a turning point in Vietnam's hospitality industry. "For so