Hotel Property Management Software Market size is expected to grow at 10.6% throughout the forecast period, reaching nearly US$ 12.98 Bn. by 2029. The report covers the detailed analysis of the global hotel property management software industry with the classifications of the market on the basis of component, deployment, end-user, and region. Analysis of past market dynamics from 2018 to 2022 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.To know about the Research Methodology :- Request Free Sample Report The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in North America region.
Hotel Property Management Software Market Dynamics
Increased demand for advanced technology to drive the market With the rapid growing tourism and hospitality industry, many hotel owners are moving to adopt advanced technologies to improve operational efficiency and customer experience. Hotel property management software offers hotel owners to handle staff, guest reservation, guest check-in/check-out, room availability, schedule housekeeping or maintenance events etc. With a central system, hoteliers can better manage and monitor the key metrics such as average daily rate, occupancy, and RevPAR needed to run their business. The software also helps to improve the relationship with the guest, customer experience by remembering their preference, accommodate customer requests, reducing errors like overbookings and communicate with customers before and after their stay and occupancy rate by connecting your available inventory to your booking engine and channel managers. As result, the increasing adoption of advanced technology in the hospitality industry is a major growth driver of the global hotel property management software market.Hotel Property Management Software Market Segment Analysis
Large and medium-sized hotel is expected to hold the largest market share of xx% by 2029. Hotel property management software is highly adopted by large and medium hotels to maintain and enhance operational efficiencies such as room assignment, guest check-in/check-out, booking reservations etc. The software also helps to enhance customer experience by knowing their preference, and behaviour. As result, many large and medium-size hotel are increasing their investment in advanced technologies, which is expected to boost the market.Regional Insights
North America is expected to witness the highest growth during the forecast period North America is expected to witness the highest growth at a CAGR of xx% during the forecast period due to countries like the US and Canada. The region is known as a rapid adopter of advanced technologies and huge investments in R&D is expected to boost the market. Other factors like the rapidly growing hospitality industry due to the development of branded hotels and the presence of major key players in countries like the US is expected to give a massive boost to the market in North America. The Asia Pacific is expected to witness significant growth during the forecast period due to growing SMEs and increasing industrialisation in the countries like India and China. In India hospitality industry is a rapidly growing industry, which is expected to hold US$460 billion by 2029. However, the growth of the tourism industry and the increasing initiative of digitalization in the region is expected to create many lucrative opportunities for the market. The objective of the report is to present a comprehensive analysis of the global market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SWOT, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global market dynamics, structure by analyzing the market segments and project global market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global hotel property management software market make the report investor’s guide.Hotel Property Management Software Market scope: Inquire before buying
Global Hotel Property Management Software Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 6.41 Bn. Forecast Period 2023 to 2029 CAGR: 10.6% Market Size in 2029: US $ 12.98 Bn. Segments Covered: by Component Software Services by Deployment Cloud On-premises by End-user Small size hotels Medium size hotel Large hotels Mega hotels Chain hotels Others Hotel Property Management Software Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1. RealPage, Inc. 2. MRI Software, LLC 3. Console group 4. Cloudbeds. 5. FCS Computer Systems 6. eZee Absolute 7. Hoteliga 8. Johnson Controls 9. Jonas Software 10. NEC Corporation 11. Oracle Corporation 12. Protel hotel software GmbH 13. Trawex 14. Winhotel Solution 15. Honeywell International, Inc. 16. IBM Corporation 17. Infor 18. Intertec Systems 19. iRiS Software Systems Limited. 20. Travefy 21. ClientBase 22. Rezdy 23. Unit4 for Travel 24. iSell Frequently Asked Questions: 1. Which region has the largest share in Global Hotel Property Management Software Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Hotel Property Management Software Market? Ans: The Global Hotel Property Management Software Market is growing at a CAGR of 10.6% during forecasting period 2023-2029. 3. What is scope of the Global Hotel Property Management Software market report? Ans: Global Hotel Property Management Software Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Hotel Property Management Software market? Ans: The important key players in the Global Hotel Property Management Software Market are – Console group, Cloudbeds., FCS Computer Systems, eZee Absolute, Hoteliga, Johnson Controls, Jonas Software, NEC Corporation, Oracle Corporation, Protel hotel software GmbH, Trawex, Winhotel Solution, Honeywell International, Inc., IBM Corporation, Infor, Intertec Systems, iRiS Software Systems Limited., and Travefy 5. What is the study period of this market? Ans: The Global Hotel Property Management Software Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Hotel Property Management Software Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Hotel Property Management Software Market 3.4. Geographical Snapshot of the Hotel Property Management Software Market, By Manufacturer share 4. Global Hotel Property Management Software Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Hotel Property Management Software Market 5. Supply Side and Demand Side Indicators 6. Global Hotel Property Management Software Market Analysis and Forecast, 2022-2029 6.1. Global Hotel Property Management Software Market Size & Y-o-Y Growth Analysis. 7. Global Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 7.1.1. Software 7.1.2. Services 7.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 7.2.1. Cloud 7.2.2. On-premises 7.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 7.3.1. Small size hotels 7.3.2. Medium size hotel 7.3.3. Large hotels 7.3.4. Mega hotels 7.3.5. Chain hotels 7.3.6. Others 8. Global Hotel Property Management Software Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 9.1.1. Software 9.1.2. Services 9.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 9.2.1. Cloud 9.2.2. On-premises 9.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 9.3.1. Small size hotels 9.3.2. Medium size hotel 9.3.3. Large hotels 9.3.4. Mega hotels 9.3.5. Chain hotels 9.3.6. Others 10. North America Hotel Property Management Software Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 12. Canada Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 13. Mexico Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 14. Europe Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 15. Europe Hotel Property Management Software Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 17. France Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 18. Germany Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 19. Italy Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 20. Spain Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 21. Sweden Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 22. CIS Countries Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 23. Rest of Europe Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 24. Asia Pacific Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 25. Asia Pacific Hotel Property Management Software Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 27. India Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 28. Japan Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 29. South Korea Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 30. Australia Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 31. ASEAN Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 31.4. Market Size (Value) Estimates & Forecast By Distribution Channels, 2022-2029 32. Rest of Asia Pacific Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 32.4. Market Size (Value) Estimates & Forecast By Distribution Channels, 2022-2029 33. Middle East Africa Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 34. Middle East Africa Hotel Property Management Software Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 35.4. Market Size (Value) Estimates & Forecast By Distribution Channels, 2022-2029 36. GCC Countries Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 37. Egypt Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 37.4. Market Size (Value) Estimates & Forecast By Distribution Channels, 2022-2029 38. Nigeria Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 38.4. Market Size (Value) Estimates & Forecast By Distribution Channels, 2022-2029 39. Rest of ME&A Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 39.4. Market Size (Value) Estimates & Forecast By Distribution Channels, 2022-2029 40. South America Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 41. South America Hotel Property Management Software Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 42.4. Market Size (Value) Estimates & Forecast By Distribution Channels, 2022-2029 43. Argentina Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 43.4. Market Size (Value) Estimates & Forecast By Distribution Channels, 2022-2029 44. Rest of South America Hotel Property Management Software Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Component, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Deployment, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End-user, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Hotel Property Management Software Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. RealPage, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. MRI Software, LLC 45.3.3. Console group 45.3.4. Cloudbeds. 45.3.5. FCS Computer Systems 45.3.6. eZee Absolute 45.3.7. Hoteliga. 45.3.8. Johnson Controls 45.3.9. Jonas Software 45.3.10. NEC Corporation 45.3.11. Oracle Corporation 45.3.12. Protel hotel software GmbH 45.3.13. Trawex 45.3.14. Winhotel Solution 45.3.15. Honeywell International, Inc. 45.3.16. IBM Corporation 45.3.17. Infor 45.3.18. Intertec Systems 45.3.19. iRiS Software Systems Limited. 45.3.20. Travefy 45.3.21. ClientBase 45.3.22. Rezdy 45.3.23. Unit4 for Travel 45.3.24. iSell 46. Primary Key Insights