Global Hotel Distribution Channel Software Market by Type (Cloud Based, On-Premises), By Application (Luxury & High-End Hotels, Mid-Range Hotels & Business Hotels, Resorts Hotels, Boutique Hotels, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global hotel distribution channel software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based hotel distribution channel software and the growing popularity of mobile apps among travelers. Additionally, the rising number of business travelers is also fueling the demand for hotel distribution channel software. However, factors such as high implementation costs and lack of standardization are restraining the growth of this market. On basis on type, cloud-based hotel distribution channel software held a larger share in 2017 and is expected to grow at a higher CAGR during forecast period owing to its advantages such as scalability, flexibility, and low implementation costs over on-premises solutions. On basis on application, luxury & high-end hotels segment dominated global market in 2017 and is projected to maintain its dominance throughout forecast period due increased spending by tourists for luxurious experiences across world regions.



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Product Definition:

Hotel Distribution Channel Software is a computer program used by hotels to manage their reservations and distribution channels. It allows hotels to track reservations made through different sales channels, including the hotel's website, third-party websites, travel agents, and corporate clients. Hotel Distribution Channel Software helps hotels ensure that all reservations are accurately tracked and that commissions are paid correctly to the appropriate parties. It also provides management with important data about customer preferences and trends in bookings.

Cloud Based:

Cloud-based software is a type of software that enables data to be stored remotely for easy access. The data can be used, modified, and shared as per requirement. It offers various benefits such as flexibility & scalability and cost effectiveness which increases its popularity among the end users. Cloud based hotel distribution channel software also provides real time information with no need for manual intervention which in turn helps hotels to enhance their business operations by providing better customer service.

On-Premises:

On-premises software is a type of cloud computing software that is installed and used on the end-users' computers, servers, or mobile devices. The end-users can access the information stored in the form of applications or data from different locations. This makes it easier for them to manage their business operations as they can easily access information while traveling or even offline.

The advantages associated with this type of system are easy integration capabilities with other systems such as hotel management systems.

Application Insights:

The luxury and high-end hotels segment accounted for the largest share of over 40.0% in 2017. The growth can be attributed to the increasing number of five-star hotels across the globe, which is driving demand for GHDC software among these properties. Furthermore, a wide range of products and services offered by various cloud based hotel distribution channel management solutions providers has been attracting more operators towards adopting such systems over the past few years.

Resorts, boutique and other hotels are expected to witness significant growth over the forecast period owing to increased consumer spending on vacations at exotic locations with unique offerings such as snow resorts or sun destinations where one can experience purer cultures away from urban lifestyles along with an array of recreational activities including skiing or surfing that have become popular worldwide in recent years.

Regional Analysis:

The North American region dominated the market in 2017 and is expected to maintain its position over the forecast period. The growth can be attributed to increasing online hotel booking, rising number of hotels, and growing e-commerce sector in the region. Furthermore, technological advancements such as Artificial Intelligence (AI), machine learning, predictive analysis for customer service are further augmenting industry growth. Moreover, presence of leading distribution channel players such as Expedia Inc.; Booking Holdings; Priceline Group Inc.; and Travelocity Technologies LLC is also contributing towards industry growth in this region.

Asia Pacific hotel software market is anticipated to witness significant growth over the forecast period owing to increasing number of properties across various categories including luxury & high-end hotels; mid-range hotels & business hotels; resorts & spa Hotels etc.

Growth Factors:

Increasing demand for online hotel reservations from travellers worldwide
Rising number of internet users and penetration of smartphones and other mobile devices
Proliferation of social media platforms and travel-related websites/apps that drive bookings
Growing adoption of cloud-based solutions by hotels for better performance and scalability
Emergence of new distribution channels such as metasearch engines, which are benefitting the hotel distribution channel software market


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Scope Of The Report
Report Attributes
Report Details
Report Title
Hotel Distribution Channel Software Market Research Report
By Type
Cloud Based, On-Premises
By Application
Luxury & High-End Hotels, Mid-Range Hotels & Business Hotels, Resorts Hotels, Boutique Hotels, Others
By Companies
Hotelogix, Suiteness, Hopper, Expedia.com, Booking.com, TripAdvisor, Airbnb, Bidroom, Mr and Ms Smith, Peerspace, Surface Hotels, Fliggy, Ctrip, Qunar.com, Elong, Tuniu.com
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.

Global Hotel Distribution Channel Software Market Report Segments:
The global Hotel Distribution Channel Software market is segmented on the basis of:
Types
Cloud Based, On-Premises
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
Luxury & High-End Hotels, Mid-Range Hotels & Business Hotels, Resorts Hotels, Boutique Hotels, Others
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:
Hotelogix
Suiteness
Hopper
Expedia.com
Booking.com
TripAdvisor
Airbnb
Bidroom
Mr and Ms Smith
Peerspace
Surface Hotels
Fliggy
Ctrip
Qunar.com
Elong
Tuniu.com



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Highlights of The Hotel Distribution Channel Software 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:
Cloud Based
On-Premises
By Application:
Luxury & High-End Hotels
Mid-Range Hotels & Business Hotels
Resorts Hotels
Boutique Hotels
Others
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 Distribution Channel Software 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.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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

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