Uploaded on Jun 11, 2024
According to the latest research report by IMARC Group, The global hotel and hospitality management software market size reached US$ 3.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.84% during 2024-2032. More Info:- https://www.imarcgroup.com/hotel-hospitality-management-software-market
Hotel and Hospitality Management Software Market PPT 2024: Size, Growth, Demand and Forecast till 2032
Global Hotel and
Hospitality Management
Software Market Research
and Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved
About IMARC Group
In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management
s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry
vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and
t ransform thei r bus inesses.
IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological
developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology
organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls ,
chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods
are at the top of the company’s exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and
markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients
achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure
las t ing resul ts .
Accord ing t o t he la t es t repor t by IMARC Group, t i t led " Hote l and Hosp i ta l i ty
Management So f tware Market : G lobal I ndust ry Trends , Share , S ize , Growth ,
Oppor tun i ty and Forecast 2024-2032 ," t he g loba l ho te l and hosp i ta l i t y
management so f tware marke t s i ze reached US$ 3 .5 B i l l i on i n 2023.
Report Factors Af fect ing the Growth of the Hote l and Hospita l i ty Management
Sof tware Industry:
Technologica l Advancements:
Highlight and The r i s ing need fo r seamless d ig i t a l expe r i ences i n t he hosp i ta l i t y sec to r i s
bo ls te r i ng the marke t g rowth . Moreover , c loud -based ho te l management sys tems
Description of fe r inc reased f lex ib i l i t y and access ib i l i t y . Ho te l ie rs can access the i r da ta f r om
anywhere w i t h an in te rne t connec t ion , enab l ing remot e management and rea l t ime
updat es .
Bes ides th is , a r t i f i c ia l i n t e l l i gence (A I ) - powered cha tbo t s and v i r t ua l ass is tan t s
p rov ide ins tan t responses to gues t inqu i r ies , au tomat e rou t ine tasks , and
pe rsona l i ze gues t in t e rac t i ons . Mach ine l ea rn ing (ML) a lgor i t hms op t im ize p r i c ing
s t ra teg ies and pred ic t demand based on h is to r i ca l da ta .
Rising Demand for Automation:
Automat ion is becoming in tegra l to hote l and hospi ta l i ty operat ions as i t
ass is ts in s t reaml in ing processes and reduc ing manual work load. There is
a r ise in the demand for sof tware so lu t ions that o f fer automat ion features
Report for reservat ions, inventory management , housekeeping, and b i l l ing.
Addi t iona l ly , hote ls can a l locate resources more ef fec t ive ly , improve s ta f f
Highlight and product iv i ty , and de l iver faster serv ice to guests by automat ing rout ine tasks. Automat ion a lso enhances accuracy and reduces er rors , lead ing to
enhanced operat iona l e f f ic iency and cost savings. I t a l lows hote l s ta f f to
Description focus more on personal ized serv ice and guest sat is fac t ion .
Increasing Need for Integrated Solut ions:
Hote ls and hospi ta l i ty sector requi re comprehens ive sof tware so lu t ions
that can manage var ious funct ions seamless ly . In tegrated p la t forms
combin ing proper ty management , on l ine book ing, revenue management ,
guest re la t ionship management , and account ing benef i t in s t reaml in ing
operat ions whi le enhanc ing ef f ic iency.
Hote l s ta f f can make in fo rmed dec is ions and p rov ide persona l ized expe r iences
to gues ts . I n teg ra ted so lu t ions a l so e l im ina te the need fo r mu l t i p le so f twa re
sys tems and reduce comp lex i t y and cos ts . Apar t f rom th is , t he g rowing
demand fo r sca lab le and in te roperab le so f tware so lu t ions i s o f fe r ing a pos i t i ve
marke t ou t look .
Report
Request for a PDF sample o f th is repor t :
Highlight and h t tps : / /www. imarcgroup .com/ho te l -hosp i ta l i t y -management -so f tware -marke t / req
ues tsamp le
Description
Report Description
Global Hotel and Hospital i ty Management Software Market Trends:
Hote l and hospi ta l i ty management sof tware p lays a p ivota l ro le in de l iver ing enhanced serv ices to tour is ts .
These so lu t ions of fer personal ized guest serv ices, loya l ty program management , and on l ine reputat ion
management . Hote ls can ta i lor exper iences to ind iv idual needs by leverag ing guest data and preferences.
Moreover , advanced book ing engines and mobi le apps enhance convenience for guests and a l low them to
book rooms, order serv ices, and prov ide feedback ef for t less ly .
Addi t iona l ly , sof tware so lu t ions that enable seamless communicat ion between s ta f f and guests ensure
prompt responses to inqu i r ies and requests , fur ther enhancing sat is fac t ion. Moreover , the r is ing adopt ion
of sof tware so lu t ions that o f fer robust secur i ty features and compl iance funct ional i t ies is impel l ing the
market growth.
View Report TOC, Figures and Tables :
ht tps: / /www.imarcgroup.com/hotel -hospita l i ty-management-software-market
Type Insights:
• Hotel Operat ion Management System
• Integrated Security System
• Hotel Bui ld ing Automation System
• Guest Service Management System
• Integrated Communication Technology
Report Solutions
Segmentation
Hotel Type Insights:
• Business Hotels
• Heritage and Boutique Hotels
• Resorts and Spas
Deployment Insights:
• Cloud-based
• On-premises
Regional Insights:
Report • North America
Segmentation • Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Cloudbeds
• Guestl ine Ltd.
• Infor Inc
• Intertec Systems
Competitive • Johnson Contruls
Landscape • NEC Corporat ion
• Oracle Corporat ion
with Key
• Sabre Corporat ion
Players • Sage Group Plc
• Schneider Electr ic SE
• Siemens AG
• Workday Inc
How has the global hotel and hospitality management
software market performed so far and how will it
perform in the coming years?
What are the drivers, restraints, and opportunities in
the global hotel and hospitality management software
market?
What are the key regional markets?
Key
Which countries represent the most attractive hotel and
Questions hospitality management software markets?
Answered in What is the breakup of the market based on the type?
the Report What is the breakup of the market based on the hotel
type?
What is the breakup of the market based on the
deployment?
What is the competitive structure of the global hotel
and hospitality management software market?
Who are the key players/companies in the global hotel
and hospitality management software market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h
2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l H o t e l a n d H o s p i t a l i t y M a n a g e m e n t S o f t w a r e M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y T y p e
6 . 1 H o t e l O p e r a t i o n M a n a g e m e n t S y s t e m
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 I n t e g r a t e d S e c u r i t y S y s t e m
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
6 . 3 H o t e l B u i l d i n g A u t o m a t i o n S y s t e m
6 . 3 . 1 M a r k e t T r e n d s
6 . 3 . 2 M a r k e t F o r e c a s t
6 . 4 G u e s t S e r v i c e M a n a g e m e n t S y s te m
6 . 4 . 1 M a r k e t T r e n d s
6 . 4 . 2 M a r k e t F o r e c a s t
6 . 5 I n t e g r a t e d C o m m u n i c a t i o n T e c h n o l o g y S o l u t i o n s
6 . 5 . 1 M a r k e t T r e n d s
6 . 5 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y H o t e l T y p e
7 . 1 B u s i n e s s H o te l s
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 M a r k e t F o r e c a s t
7 . 2 H e r i t a g e a n d B o u t i q u e H o t e l s
Table of 7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 M a r k e t F o r e c a s t
7 . 3 R e s o r t s a n d S p a s
Contents 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t
8 M a r k e t B r e a k u p b y D e p l o y m e n t
8 . 1 C l o u d - b a s e d
8 . 1 . 1 M a r k e t T r e n d s
8 . 1 . 2 M a r k e t F o r e c a s t
8 . 2 O n - p r e m i s e s
8 . 2 . 1 M a r k e t T r e n d s
8 . 2 . 2 M a r k e t F o r e c a s t
9 M a r k e t B r e a k u p b y R e g i o n
9 . 1 N o r t h A m e r i c a
9 . 1 . 1 U n i t e d S t a te s
9 . 1 . 1 . 1 M a r k e t T r e n d s
9 . 1 . 1 . 2 M a r k e t F o r e c a s t
F o r m o r e i n f o r m a t io n , v i s i t :
ht tps : / /www. imarcgroup .com/ho te l -hosp i ta l i t y -management -
so ftware -market / toc
Partial List of Clients
Partial List of Clients
Disclaimer
© 2024 IMARC Al l R ights Reserved
Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f
I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . No pa r t o f t h i s pub l i ca t ion may be
rep roduced , repackaged , red i s t r i bu ted o r res o ld i n who le o r i n any pa r t . The pub l i ca t ion may a l so
no t be used i n any f o rm o r by and means g raph i c e lec t ron ic o r mechan ic a l , i nc lud ing pho tocopy ing ,
reco rd ing , t ap ing o r by i n fo rmat i on s to rage o r re t r ieva l , o r by any o the r f o rm, w i t hou t the exp ress
c ons en t o f I n t e rna t iona l Marke t Ana lys i s Research and Consu l t i ng ( IMARC) .
Disc la imer : Al l con ten ts and da ta o f t h i s pub l i c a t i on , i nc lud ing fo recas t s , da ta ana lys i s and op in ion
have been based on in f o rmat ion and sources be l ieved to be accu ra te and re l iab le a t t he t ime o f
pub l i sh ing . In t e rna t i ona l Ma rke t Ana l ys is Research and Consu l t ing makes no rep resen ta t ion o f
war ran t y o f any k ind as to t he acc u racy o r comp le teness o f any I n fo rmat i on p rov ided . IMARC
accep ts no l i ab i l i t y wha tsoever f o r any los s o r damage resu l t i ng f rom op in ion , e r ro rs o r
i naccu rac ies i f any f ound th is pub l i ca t ion .
IMARC, IMARC Group and G loba l Therapy I ns igh t Ser i es a re reg is t e red t rademarks o f I n te rna t iona l
Marke t Ana lys i s Research and Consu l t ing . A l l o the r t rademarks used i n th i s pub l i ca t i on a re
reg i s te red t rademarks o f t he i r r espec t i ve compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
+1-631-791-1145
[email protected]
Stay With Us:
Comments