Market Overview:
The global hotel channel management systems market is expected to grow from USD 1.02 billion in 2018 to USD 2.06 billion by 2030, at a CAGR of 9.8% during the forecast period. The growth of the hotel channel management systems market can be attributed to the increasing demand for cloud-based solutions and growing need for streamlining operations across various hospitality segments. However, reluctance among hotels to adopt new technologies may restrain the growth of this market during the forecast period. Based on type, the global hotel channel management systems market is segmented into basic (USD 37 user/month), standard (USD 47 user/month), and senior (USD 56/user/month). The standard segment is expected to account for a larger share of the global hotel channel management systems market in 2018 owing to its features such as automated workflows and task delegation capabilities that help reduce manual efforts and improve operational efficiency. Based on application, the global hotel channel management systems market is segmented into hotels, motels managers & guests, parks & campgrounds, marinas, and other applications such as cruise ships & resorts).
Product Definition:
Hotel Channel Management Systems are computer software programs used by hotels to manage their distribution channels. This includes online travel agencies, metasearch engines, and other hotel booking websites. Hotel Channel Management Systems allow hotels to upload inventory and rates, update availability, and receive bookings from various channels. They also provide reporting functionality so hotels can track how many bookings they are receiving from each channel and adjust their marketing efforts accordingly. Hotel Channel Management Systems are important because they help hotels manage their distribution channels more effectively and increase bookings from those channels.
Basic（ User/Month）:
Basic） User/ Month is a software that provides hotel management with the tools to effectively and efficiently manage their revenue stream. It helps in providing accurate information about the number of rooms available, occupied and empty rooms, which helps in making better business decisions. The program also allows hotels to track their expenses for each month which further assists them in taking necessary steps to reduce costs or increase profitability as per requirement.
Standard(（ User/Month）):
Standard is a software that helps hoteliers to manage their properties efficiently. It offers features such as online reservations, guest information management system, property accounting and reporting tools, online marketing tools and many more.
The global STDM market was valued at USD 47 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Application Insights:
The hotel application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing number of luxury hotels, resorts, and boutique hotels across the globe. In addition, favorable government policies promoting tourism are expected to drive demand for channel management systems in this segment over the coming years.
The other applications include park & campgrounds, motels managers & guests, marinas and others such as boarding kennels or pet-friendly hotels among others.
Regional Analysis:
The market in North America is expected to be the fastest-growing regional segment over the forecast period owing to increasing investments by companies and technological advancements. The region accounted for a revenue share of more than 30% in 2017, which can be attributed to high hotel development and renovation activities across the country.
Asia Pacific is anticipated to register significant growth over the forecast period owing to rapid urbanization, growing population, rising disposable income levels, and expanding tourism industry. In addition, favorable government initiatives such as “Housing for All†program implemented by India's prime minister Narendra Modi are expected boost demand for affordable housing units that would require basic hotel facilities such as room service or housekeeping services at hotels/motels or resorts. This scenario is further anticipated drive regional growth during the forecast period.
Growth Factors:
- Increasing demand for online hotel reservations from the travel and tourism sector
- Rising penetration of smartphones and other mobile devices
- Proliferation of cloud-based solutions
- Emergence of new players in the market
- Growing demand for big data and analytics in the hospitality industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Hotel Channel Management Systems Market Research Report
By Type
Basic（$37 User/Month）, Standard(（$47 User/Month）), Senior（$56/User/Month）
By Application
Hotel, Motel Managers & Guests, Parks & Campgrounds, Marinas, Other
By Companies
Hospitality Cloud, SkyTouch Technology, SiteMinder, Cloudbeds, Little Hotelier, OpenHotel, StayNTouch, ErevMax, Harizma Alliance, RateGain, Octopus24, HotelFriend, Intuitive, BookLogic, SmartHOTEL, E-GDS, ACCOM BERHAD, Xenion, Nimble Accounting, Shiji Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Hotel Channel Management Systems Market Report Segments:
The global Hotel Channel Management Systems market is segmented on the basis of:
Types
Basic（$37 User/Month）, Standard(（$47 User/Month）), Senior（$56/User/Month）
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hotel, Motel Managers & Guests, Parks & Campgrounds, Marinas, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hospitality Cloud
- SkyTouch Technology
- SiteMinder
- Cloudbeds
- Little Hotelier
- OpenHotel
- StayNTouch
- ErevMax
- Harizma Alliance
- RateGain
- Octopus24
- HotelFriend
- Intuitive
- BookLogic
- SmartHOTEL
- E-GDS
- ACCOM BERHAD
- Xenion
- Nimble Accounting
- Shiji Group
Highlights of The Hotel Channel Management Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Basic（$37 User/Month）
- Standard(（$47 User/Month）)
- Senior（$56/User/Month）
- By Application:
- Hotel
- Motel Managers & Guests
- Parks & Campgrounds
- Marinas
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hotel Channel Management Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hotel Channel Management Systems (HCMS) are computer-based systems used by hoteliers to manage their properties. HCMS can include features such as reservation systems, guest management, marketing and financial tracking.
Some of the key players operating in the hotel channel management systems market are Hospitality Cloud, SkyTouch Technology, SiteMinder, Cloudbeds, Little Hotelier, OpenHotel, StayNTouch, ErevMax, Harizma Alliance, RateGain, Octopus24, HotelFriend, Intuitive, BookLogic, SmartHOTEL, E-GDS, ACCOM BERHAD, Xenion, Nimble Accounting, Shiji Group.
The hotel channel management systems market is expected to register a CAGR of 9.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hotel Channel Management Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hotel Channel Management Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hotel Channel Management Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hotel Channel Management Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hotel Channel Management Systems Market Size & Forecast, 2018-2028
4.5.1 Hotel Channel Management Systems Market Size and Y-o-Y Growth
4.5.2 Hotel Channel Management Systems Market Absolute $ Opportunity
Chapter 5 Global Hotel Channel Management Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hotel Channel Management Systems Market Size Forecast by Type
5.2.1 Basic（$37 User/Month）
5.2.2 Standard(（$47 User/Month）)
5.2.3 Senior（$56/User/Month）
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hotel Channel Management Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hotel Channel Management Systems Market Size Forecast by Applications
6.2.1 Hotel
6.2.2 Motel Managers & Guests
6.2.3 Parks & Campgrounds
6.2.4 Marinas
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hotel Channel Management Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hotel Channel Management Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hotel Channel Management Systems Analysis and Forecast
9.1 Introduction
9.2 North America Hotel Channel Management Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hotel Channel Management Systems Market Size Forecast by Type
9.6.1 Basic（$37 User/Month）
9.6.2 Standard(（$47 User/Month）)
9.6.3 Senior（$56/User/Month）
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hotel Channel Management Systems Market Size Forecast by Applications
9.10.1 Hotel
9.10.2 Motel Managers & Guests
9.10.3 Parks & Campgrounds
9.10.4 Marinas
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hotel Channel Management Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Hotel Channel Management Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hotel Channel Management Systems Market Size Forecast by Type
10.6.1 Basic（$37 User/Month）
10.6.2 Standard(（$47 User/Month）)
10.6.3 Senior（$56/User/Month）
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hotel Channel Management Systems Market Size Forecast by Applications
10.10.1 Hotel
10.10.2 Motel Managers & Guests
10.10.3 Parks & Campgrounds
10.10.4 Marinas
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hotel Channel Management Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hotel Channel Management Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hotel Channel Management Systems Market Size Forecast by Type
11.6.1 Basic（$37 User/Month）
11.6.2 Standard(（$47 User/Month）)
11.6.3 Senior（$56/User/Month）
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hotel Channel Management Systems Market Size Forecast by Applications
11.10.1 Hotel
11.10.2 Motel Managers & Guests
11.10.3 Parks & Campgrounds
11.10.4 Marinas
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hotel Channel Management Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Hotel Channel Management Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hotel Channel Management Systems Market Size Forecast by Type
12.6.1 Basic（$37 User/Month）
12.6.2 Standard(（$47 User/Month）)
12.6.3 Senior（$56/User/Month）
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hotel Channel Management Systems Market Size Forecast by Applications
12.10.1 Hotel
12.10.2 Motel Managers & Guests
12.10.3 Parks & Campgrounds
12.10.4 Marinas
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hotel Channel Management Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hotel Channel Management Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hotel Channel Management Systems Market Size Forecast by Type
13.6.1 Basic（$37 User/Month）
13.6.2 Standard(（$47 User/Month）)
13.6.3 Senior（$56/User/Month）
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hotel Channel Management Systems Market Size Forecast by Applications
13.10.1 Hotel
13.10.2 Motel Managers & Guests
13.10.3 Parks & Campgrounds
13.10.4 Marinas
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hotel Channel Management Systems Market: Competitive Dashboard
14.2 Global Hotel Channel Management Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hospitality Cloud
14.3.2 SkyTouch Technology
14.3.3 SiteMinder
14.3.4 Cloudbeds
14.3.5 Little Hotelier
14.3.6 OpenHotel
14.3.7 StayNTouch
14.3.8 ErevMax
14.3.9 Harizma Alliance
14.3.10 RateGain
14.3.11 Octopus24
14.3.12 HotelFriend
14.3.13 Intuitive
14.3.14 BookLogic
14.3.15 SmartHOTEL
14.3.16 E-GDS
14.3.17 ACCOM BERHAD
14.3.18 Xenion
14.3.19 Nimble Accounting
14.3.20 Shiji Group
