Hotel and Hospitality Management Software Market, Global Outlook and Forecast 2023-2032
Hotel and hospitality management software is used to aid in the hotel, restaurant, spa, and other hotel-based recreational operations. This software mainly assists with ordering, billing, inventory management, queue management, guest response management, and others.
This report aims to provide a comprehensive presentation of the global market for Hotel and Hospitality Management Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hotel and Hospitality Management Software. This report contains market size and forecasts of Hotel and Hospitality Management Software in global, including the following market information:
Global Hotel and Hospitality Management Software Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Hotel and Hospitality Management Software market was valued at US$ 2614.2 million in 2022 and is projected to reach US$ 3672.7 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The rapid growth in the tourism and the hospitality industry is the major factor driving the growth of the hotel and hospitality management software market. Tourism and hospitality industry is considered as the third largest sub-segment in the services sector which includes trade, repair services, hotels, and restaurants. Business hotels contribute a major share in the growth of the hotel and hospitality management software market. The increased facilities that are provided by the business hotels such as unified communication capabilities help the business people and other guests to conduct meetings and conferences. Thus it is estimated that this segment will register a comparatively high growth in the future years.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hotel and Hospitality Management Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hotel and Hospitality Management Software Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Hotel and Hospitality Management Software Market Segment Percentages, by Type, 2022 (%)
On-premises
SaaS-based
Global Hotel and Hospitality Management Software Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Hotel and Hospitality Management Software Market Segment Percentages, by Application, 2022 (%)
Under 200 Rooms
200 to 399 Rooms
400 to 700 Rooms
More than 700 Rooms
Global Hotel and Hospitality Management Software Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Hotel and Hospitality Management Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hotel and Hospitality Management Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Hotel and Hospitality Management Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Oracle
Infor
Protel hotelsoftware
Sabre
ASSD
Delta Software
eZee FrontDesk
innRoad
Intertec Systems
iRiS Software Systems
Jonas Software
Trawex
Winsar
Cloudbeds
Frontdesk Anywhere
Hotelogix
Maestro PMS
MSI
RDPWin
Guestline
InnQuest
Chinasoft International
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hotel and Hospitality Management Software, market overview.
Chapter 2: Global Hotel and Hospitality Management Software market size in revenue.
Chapter 3: Detailed analysis of Hotel and Hospitality Management Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hotel and Hospitality Management Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
