Global Hotel and Hospitality Management Software Market 2016-2020

This market research study identifies Oracle, Infor, protel hotelsoftware, and Sabre as the leading players in the global hotel and hospitality management software. A comprehensive analysis of this market is also presented by deployment (on-premises and SaaS-based) and geography (the Americas, APAC, Europe, and MEA).

Overview of the global hotel and hospitality management software market

The global hotel and hospitality management software market is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. The increasing need to reduce expenses and operational costs will spur the adoption of hotel and hospitality management software until the end of 2020. Various mid-to-small sized hotels are focusing on increasing the revenue by controlling their company expenses. In general, most hotels implement strategies and solutions to maintain operational efficiencies and customer engagement. As a result, less than 10% of their total budget is used for decision-making and implementation processes. For instance, many hotels rely on hotel and hospitality management software to implement process maintenance and ensure consumer engagement. This software reduces the dependency on manual processes and helps save costs for the management.

The emergence of SaaS-based hotel and hospitality management software will drive the growth prospects for the global hotel and hospitality management software for the next few years. One of the major factors that drive the demand for SaaS-based hotel and hospitality management software is its cost-effectiveness as the installation and maintenance of these solutions do not require any extra cost. In addition, many low-budget hotels and motels are increasingly adopting SaaS-based hotel and hospitality management software to enhance their guest's experience.

Competitive landscape and key vendors

Vendors in the market are focusing on developing management software products that can fulfill all the requirements of hotel owners. These vendors compete in terms of customer relationship and the way they address and meet expectations of their users. Also, it has been noted that some vendors are selling similar products with minor differences at different prices while other vendors are offering a free version of the hotel and hospitality management software.

Key vendors in this market are -

• Oracle
• Infor
• Protel hotelsoftware
• Sabre

Other prominent vendors in the market include ASSD, Delta Software, eZee FrontDesk, innRoad, Intertec Systems, iRiS Software Systems, Jonas Software, Trawex, and Winsar.

Segmentation by deployment and analysis of the hotel and hospitality management software

• On-premises
• SaaS-based

The on-premises segment accounted for the maximum market revenue and share during 2015 and will continue to dominate the market for the next few years. One of the major factors responsible for the market segment’s growth is its pricing model that includes upfront implementation costs and maintenance and support costs. Also, since the on-premises model involves a license fee benefit its adoption among the end users will increase over the next few years.

Segmentation by geography and analysis of the hotel and hospitality management software

• Americas
• APAC
• Europe
• MEA

In terms of geography, Europe accounted for the maximum market share during 2015 and will continue to dominate the market in the forthcoming years. One of the major contributing factors responsible for the market’s growth in the region is the increasing construction activity resulting from increasing spending on travel and tourism.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global hotel and hospitality management software?
• What are the key market trends impacting the growth of the global hotel and hospitality management software?
• What are the challenges to market growth?
• Who are the key vendors in the global hotel and hospitality management software?
• What are the market opportunities and threats faced by the vendors in the global hotel and hospitality management software?
• What are the trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
• What are the key outcomes of the five forces analysis of the global hotel and hospitality management software?

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