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Hotel and Hospitality Management Software Market by Deployment, Application, and Geography - Forecast and Analysis 2023-2027

  • Published: Oct 2022
  • Pages: 167
  • SKU: IRTNTR43784
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The hotel and hospitality management software market is estimated to grow at a CAGR of 6.59between 2022 and 2027. The size of the market is forecast to increase by USD 1,176.2 millionThe growth of the market depends on serval factors, including the integration of new technology to lower expenses, increasing the demand for mobility, and growing the necessity of large-scale client management.

This report extensively covers market segmentation by deployment (cloud-based and on-premise), application (business hotels, heritage and boutique hotels, and resorts and spas), and geography (Europe, Apac, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

 What will the Size of the Hotel And Hospitality Management Software Market be During the Forecast Period?

Hotel and Hospitality Management Software Market Size

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Parent Market Analysis

Technavio categorizes the global hotel and hospitality management software market as a part of the  Application Software & within the IT software market.The parent global IT software market covers companies that are engaged in developing and producing application and system software. It also includes companies offering database management software. The global application software market covers companies that are engaged in developing and producing software designed for specialized applications for the business or consumer market. It includes enterprise and technical software, as well as cloud-based software. It excludes companies classified in the interactive home entertainment sub-industry and companies producing systems or database management software classified in the systems software sub-industry. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Hotel And Hospitality Management Software Market: Key Drivers, Trends, Challenges, and Customer Landscape

The reduction in overall operational costs is major driving the hotel and hospitality management software market growth, although factors such as the complications in changeover from the traditional system may impede the market growth.  Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Hotel And Hospitality Management Software Market Driver 

The reduction in overall operational costs is a key factor driving the global hotel and hospitality management software market growth. Hotels focus on integrating newer technology to lower their expenses on document processing through automation. Mid-to-small-size hotels are concentrating on increasing their incomes by controlling company expenditures and streamlining their operations. Hotels usually spend approximately 10% of their total budgets on strategies and solutions, which helps them maintain and retain regular customers. Hotel and hospitality management software lowers the dependence on manual record maintenance, which increases overall efficiency. Hotels and resorts are gradually deploying this software to eliminate inadequacies and accelerate overall process efficiency. Also, this software helps hotel managers control costs by scheduling the right number of staff to cater to the growing demand during peak seasons and build an accurate and cost-effective labor schedule. In addition, hotels can maximize their revenue by more than 8% and increase sales (booking of hotel rooms) by more than 35%, thereby driving the demand for hotel and hospitality management software. Such technological innovations are expected to drive the market in focus during the forecast period.

Key Hotel And Hospitality Management Software Market Trend

The rise in cloud integration will fuel the global hotel and hospitality management software market growth. The demand for cloud-based hotel and hospitality management systems is increasing. The cloud-based hotel and hospital management software provides access to the application via web-based browsers, wherein the admin has previously defined the access level and processes across the organization. The user can log in to the hotel and hospitality management software simultaneously from any Internet-enabled computer or device. Cloud-based hotel and hospitality management software provides users with mobile apps for easy access and mobility. The cloud-based hotel and hospital management software provide high scalability. A cloud-based system is designed to be flexible with the expansion in capacity, which enables a business to scale up based on the current business requirement. Generally, the cost of the hotel and hospitality management software is often based on the number of users and their requirements. The extensive use of such advanced technology is likely to drive the global hotel and hospitality management software market's growth during the forecast period.

Key Hotel And Hospitality Management Software Market Challenge

Complications in the changeover from a traditional system are a major challenge to the global hotel and hospitality management software market growth. A business should consistently satisfy customer needs by launching new products or services as per the market demand by tracking and analyzing customer interactions in a systematic and organized way to convert potential leads to final sales. However, the adoption of advanced technology in the hotel and hospitality sector is leading to system integration and interoperability issues. Three key challenges were faced during the transition from the traditional to the new management system; these include the Appointment of a dedicated team, the Implementation of processes, and Software management. Such factors are likely to affect the growth of the global hotel and hospitality management software market during the forecast period.

Key Hotel And Hospitality Management Software Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Hotel and Hospitality Management Software Market Share by Geography

Global Hotel and Hospitality Management Software Market Customer Landscape

 

Who are the Major Hotel and Hospitality Management Software Market Vendors?                                     

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • ciirus.com - The company offers hotel and hospitality management software such as Ciirus Task Manager. Also, through this segment, the company offers a vacation rental management solution for reservation management, quotes, website management, marketing, and accounting.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • 360 Mango Solutions Pvt. Ltd.
  • Amadeus IT Group SA
  • Ciirus Inc.
  • Cisco Systems Inc.
  • Cloudbeds
  • Guestline Ltd.
  • Honeywell International Inc.
  • Infor Inc.
  • Johnson Controls International Plc
  • Microsoft Corp.
  • NEC Corp.
  • Oracle Corp.
  • Sabre Corp.
  • Sage Group Plc
  • Salesforce.com Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Hotel And Hospitality Management Software Market?

The market share growth by the cloud-based segment will be significant during the forecast period. The Cloud-based segment caters to the demand for the digitization of core business processes. The primary purpose of hotel and hospitality managers for implementing cloud-based hotel and hospitality management solutions is to receive information related to the real-time status, meet digitization demands, integrate easily with other essential software, and meet consumer expectations in terms of efficient services.

Hotel and Hospitality Management Software Market Size

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The cloud-based segment showed a gradual increase in market share from USD 1,279.23 million in 2017 and continued to grow by 2021. Most small and medium-sized international hotel brands are expected to move toward a Cloud-based model during the forecast period, owing to advantages such as agility, scalability, and easy integration. For instance, in October 2022, Linder Hotels, based out of Germany, selected OPERA Cloud, a SaaS-based platform, for its Property Management Software (PMS) for all locations. Similarly, In October 2022, Milan Hotel Group, based out of Asheville, US, selected SalesAndCatering.com's STS Cloud as its preferred sales solution. Such developments are expected to propel the growth of the market in focus during the forecast period.

 

Which are the Key Regions for the Hotel And Hospitality Management Software Market?

Hotel and Hospitality Management Software Market Share by Geography

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Europe is projected to contribute 34% by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in Europe faced slow growth in 2020 due to stagnation across local economies, which were mainly affected by the recession and the outbreak of COVID-19. However, the market is likely to thrive during the forecast period. The region will continue to be the largest shareholder in the global hotel and hospitality management software market.

Europe consists of some of the world's most popular tourist destinations, such as France, Spain, Italy, the UK, and Germany, as well as rapidly emerging economies. These factors are driving the hotel and hospitality management software market in Europe. In July 2021, Amadeus IT Group SA partnered with Shiji Group, one of China's leading hotel information systems players, to provide new content from Chinese hotels and chains to the Amadeus Travel Platform. This partnership will enable travel agents across the Amadeus distribution network to access Shiji's hotel accommodation options and provide agents with new hospitality content that is not made available yet on other global distribution systems.

 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by type, product, distribution channel, and region.

  • Deployment Outlook ( USD Million, 2017 - 2027)
    • Cloud-based
    • On-premise 
  • Application Outlook ( USD Million, 2017 - 2027)
    • Business hotels
    • Heritage and boutique hotels
    • Resorts and spas
  • Region Outlook ( USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Brazil
      • Argentina
      • Chile
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Hotel And Hospitality Management Software Market Scope

Report Coverage

Details

Page number

167

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.59%

Market growth 2023-2027

$ 1,176.2 million

Market structure

Fragmented

YoY growth (%)

5.78

Regional analysis

Europe, APAC, North America, Middle East and Africa, and South America

Performing market contribution

Europe at 34%

Key countries

US, China, France, Spain, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

360 Mango Solutions Pvt. Ltd., Amadeus IT Group SA, Ciirus Inc., Cisco Systems Inc., Cloudbeds, Guestline Ltd., Honeywell International Inc., Infor Inc., Johnson Controls International Plc, Microsoft Corp., NEC Corp., Oracle Corp., Sabre Corp., Sage Group Plc, Salesforce.com Inc., Schneider Electric SE, Siemens AG, SkyTouch Solutions LLC, StayNTouch Inc., and Workday Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Hotel And Hospitality Management Software Market Report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the hotel and hospitality management software market size and its contribution of the market in focus to the parent market.
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the hotel and hospitality management software market industry across Europe, APAC, North America, Middle East and Africa, and South America.
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors.
  • Comprehensive analysis of factors that will challenge the growth of hotel and hospitality management software market vendors.

 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global hotel and hospitality management software market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global hotel and hospitality management software market 2017 - 2021 ($ million)
    • 4.2 Deployment Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Deployment

    • 6.1 Market segments
      • Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
    • 6.2 Comparison by Deployment
      • Exhibit 32: Chart on Comparison by Deployment
      • Exhibit 33: Data Table on Comparison by Deployment
    • 6.3 Cloud-based - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
    • 6.4 On-premise - Market size and forecast 2022-2027
      • Exhibit 38: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on On-premise - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on On-premise - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Deployment
      • Exhibit 42: Market opportunity by Deployment ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 43: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 45: Chart on Comparison by Application
      • Exhibit 46: Data Table on Comparison by Application
    • 7.3 Business hotels - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Business hotels - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Business hotels - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Business hotels - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Business hotels - Year-over-year growth 2022-2027 (%)
    • 7.4 Heritage and boutique hotels - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Heritage and boutique hotels - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Heritage and boutique hotels - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Heritage and boutique hotels - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Heritage and boutique hotels - Year-over-year growth 2022-2027 (%)
    • 7.5 Resorts and spas - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Resorts and spas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Resorts and spas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Resorts and spas - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Resorts and spas - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Application
      • Exhibit 59: Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 France - Market size and forecast 2022-2027
      • Exhibit 89: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Spain - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Spain - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Spain - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Spain - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Spain - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Amadeus IT Group SA
              • Exhibit 112: Amadeus IT Group SA - Overview
              • Exhibit 113: Amadeus IT Group SA - Business segments
              • Exhibit 114: Amadeus IT Group SA - Key news
              • Exhibit 115: Amadeus IT Group SA - Key offerings
              • Exhibit 116: Amadeus IT Group SA - Segment focus
            • 12.4 Ciirus Inc.
              • Exhibit 117: Ciirus Inc. - Overview
              • Exhibit 118: Ciirus Inc. - Product / Service
              • Exhibit 119: Ciirus Inc. - Key offerings
            • 12.5 Cisco Systems Inc.
              • Exhibit 120: Cisco Systems Inc. - Overview
              • Exhibit 121: Cisco Systems Inc. - Business segments
              • Exhibit 122: Cisco Systems Inc. - Key news
              • Exhibit 123: Cisco Systems Inc. - Key offerings
              • Exhibit 124: Cisco Systems Inc. - Segment focus
            • 12.6 Cloudbeds
              • Exhibit 125: Cloudbeds - Overview
              • Exhibit 126: Cloudbeds - Product / Service
              • Exhibit 127: Cloudbeds - Key offerings
            • 12.7 Honeywell International Inc.
              • Exhibit 128: Honeywell International Inc. - Overview
              • Exhibit 129: Honeywell International Inc. - Business segments
              • Exhibit 130: Honeywell International Inc. - Key news
              • Exhibit 131: Honeywell International Inc. - Key offerings
              • Exhibit 132: Honeywell International Inc. - Segment focus
            • 12.8 Infor Inc.
              • Exhibit 133: Infor Inc. - Overview
              • Exhibit 134: Infor Inc. - Product / Service
              • Exhibit 135: Infor Inc. - Key news
              • Exhibit 136: Infor Inc. - Key offerings
            • 12.9 Johnson Controls International Plc
              • Exhibit 137: Johnson Controls International Plc - Overview
              • Exhibit 138: Johnson Controls International Plc - Business segments
              • Exhibit 139: Johnson Controls International Plc - Key news
              • Exhibit 140: Johnson Controls International Plc - Key offerings
              • Exhibit 141: Johnson Controls International Plc - Segment focus
            • 12.10 NEC Corp.
              • Exhibit 142: NEC Corp. - Overview
              • Exhibit 143: NEC Corp. - Business segments
              • Exhibit 144: NEC Corp. - Key news
              • Exhibit 145: NEC Corp. - Key offerings
              • Exhibit 146: NEC Corp. - Segment focus
            • 12.11 Oracle Corp.
              • Exhibit 147: Oracle Corp. - Overview
              • Exhibit 148: Oracle Corp. - Business segments
              • Exhibit 149: Oracle Corp. - Key news
              • Exhibit 150: Oracle Corp. - Key offerings
              • Exhibit 151: Oracle Corp. - Segment focus
            • 12.12 Sabre Corp.
              • Exhibit 152: Sabre Corp. - Overview
              • Exhibit 153: Sabre Corp. - Business segments
              • Exhibit 154: Sabre Corp. - Key news
              • Exhibit 155: Sabre Corp. - Key offerings
              • Exhibit 156: Sabre Corp. - Segment focus
            • 12.13 Salesforce.com Inc.
              • Exhibit 157: Salesforce.com Inc. - Overview
              • Exhibit 158: Salesforce.com Inc. - Product / Service
              • Exhibit 159: Salesforce.com Inc. - Key news
              • Exhibit 160: Salesforce.com Inc. - Key offerings
            • 12.14 Schneider Electric SE
              • Exhibit 161: Schneider Electric SE - Overview
              • Exhibit 162: Schneider Electric SE - Business segments
              • Exhibit 163: Schneider Electric SE - Key news
              • Exhibit 164: Schneider Electric SE - Key offerings
              • Exhibit 165: Schneider Electric SE - Segment focus
            • 12.15 Siemens AG
              • Exhibit 166: Siemens AG - Overview
              • Exhibit 167: Siemens AG - Business segments
              • Exhibit 168: Siemens AG - Key news
              • Exhibit 169: Siemens AG - Key offerings
              • Exhibit 170: Siemens AG - Segment focus
            • 12.16 SkyTouch Solutions LLC
              • Exhibit 171: SkyTouch Solutions LLC - Overview
              • Exhibit 172: SkyTouch Solutions LLC - Product / Service
              • Exhibit 173: SkyTouch Solutions LLC - Key offerings
            • 12.17 StayNTouch Inc.
              • Exhibit 174: StayNTouch Inc. - Overview
              • Exhibit 175: StayNTouch Inc. - Product / Service
              • Exhibit 176: StayNTouch Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Hotel and Hospitality Management Software market growth will increase by $1176.2 million during 2023-2027.
              The hotel and hospitality management software market is expected to grow at a CAGR of 6.59% during 2023-2027.
              Technavio has segmented the hotel and hospitality management software market by deployment (Cloud-based and On-premise) ,application (Business hotels, Heritage and boutique hotels, Resorts spas, MEA, and South America) , and geography (Europe, APAC, North America, Middle East and Africa, and South America).
              360 Mango Solutions Pvt. Ltd., Amadeus IT Group SA, Ciirus Inc., Cisco Systems Inc., Cloudbeds, Guestline Ltd., Honeywell International Inc., Infor Inc., Johnson Controls International Plc, Microsoft Corp., NEC Corp., Oracle Corp., Sabre Corp., Sage Group Plc, Salesforce.com Inc., Schneider Electric SE, Siemens AG, SkyTouch Solutions LLC, StayNTouch Inc., Workday Inc. are a few of the key vendors in the hotel and hospitality management software market.
              Europe will register the highest growth rate of 34.28% among the other regions. Therefore, the hotel and hospitality management software market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the hotel and hospitality management software market growth are:
              • Reduction in overall operational costs
              • Rise in cloud integration
              The hotel and hospitality management software market vendors should focus on grabbing business opportunities from the cloud-based segment as it accounted for the largest market share in the base year.
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