Market Overview:
The global hotel property management 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 property management software and the growing trend of using mobile devices for hotel operations. The global hotel property management software market by type is segmented into large hotels, small hotels, chain hotels, and other types of hotels. The large hotel segment is expected to account for the largest share of the global market in 2018. This can be attributed to the increasing demand from luxury and upscale segments across different regions. The global hotel property management software market by application is segmented into room reservation, check-out, and other applications such as marketing & sales, housekeeping & maintenance, accounting & finance etcetera).
Product Definition:
Hotel Property Management Software is a software used by hotels to manage their property. It helps in managing reservations, check-ins and check-outs, room assignments, billing and payments, marketing activities, and other functions related to the hotel property. Hotel Property Management Software is important for hotels as it helps them in effectively managing their property and improving customer satisfaction.
Large Hotel:
Large hotel is a facility that offers more than 500 rooms. The global large hotel market size was valued at USD 90.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period, to reach USD 99.0 billion by 2018.
Small Hotel:
Small hotel is a category of hotels with 50 rooms or less. It is also known as micro-hotel, mini-hotel or boutique hotel and it can be either standalone property owned by an individual/private entity or can be a part of larger chain. Small hotels are usually located in the central parts of any city and are popular among business travelers, tourists etc.
Application Insights:
The room reservation application segment dominated the global hotel property management software market in 2017. This is attributed to the fact that this software solution helps hotels in managing their rooms inventory, tracking and generating revenue from each of them, and handling various other tasks related to reservations such as guest details, payment processing for bookings made online, and communication with guests. The check-out application segment is expected to witness significant growth over the forecast period owing to its ability of offering a personalized service by tracking each guest¢â‚¬â„¢s check-out time so as to avoid any late charges or penalties. Furthermore, it also offers a facility for printing out photos before guests checks out which further aids in improving customer service quality at hotels. Other applications include food & beverage order management along with marketing & advertising solutions offered by the respective hotel brands through their properties globally using digital channels such as social media platforms and mobile apps thus driving demand across all major regions worldwide.
Regional Analysis:
North America dominated the global hotel property management software market in 2017. The growth can be attributed to the increasing number of hotels, growing online travel and tourism, and rising investments in hotel infrastructure. Moreover, technological advancements such as cloud computing are expected to drive demand over the forecast period. Europe is anticipated to witness significant growth over the next eight years owing to an increase in spending on hotel development by various companies along with a rise in online travel and tourism activities.
Growth Factors:
- Increasing demand for hotel property management software from small and medium-sized businesses (SMBs)
- Rising need for automation and streamlining of processes in the hospitality sector
- Proliferation of cloud-based hotel property management software solutions
- Growing popularity of mobile apps for hotel property management
- Emergence of new features and functionalities in hotel property management software
Scope Of The Report
Report Attributes
Report Details
Report Title
Hotel Property Management Software Market Research Report
By Type
Large Hotel, Small Hotel, Chain Hotel, Other
By Application
Room Reservation, Check-Out, Other
By Companies
RealPage, MRI Software, Console, Cloudbeds, FCS Computer Systems, eZee Absolute, Hoteliga
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Hotel Property Management Software Market Report Segments:
The global Hotel Property Management Software market is segmented on the basis of:
Types
Large Hotel, Small Hotel, Chain Hotel, Other
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
Room Reservation, Check-Out, 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:
- RealPage
- MRI Software
- Console
- Cloudbeds
- FCS Computer Systems
- eZee Absolute
- Hoteliga
Highlights of The Hotel Property Management 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:
- Large Hotel
- Small Hotel
- Chain Hotel
- Other
- By Application:
- Room Reservation
- Check-Out
- 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 Property Management 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
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- Product & Brand Management
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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 property management software is a computer application used to manage hotel properties. It includes features such as accounting, reservations, inventory, and reporting.
Some of the major players in the hotel property management software market are RealPage, MRI Software, Console, Cloudbeds, FCS Computer Systems, eZee Absolute, Hoteliga.
The hotel property management software market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hotel Property Management Software 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 Property Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hotel Property Management Software 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 Property Management Software 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 Property Management Software Market Size & Forecast, 2018-2028
4.5.1 Hotel Property Management Software Market Size and Y-o-Y Growth
4.5.2 Hotel Property Management Software Market Absolute $ Opportunity
Chapter 5 Global Hotel Property Management Software 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 Property Management Software Market Size Forecast by Type
5.2.1 Large Hotel
5.2.2 Small Hotel
5.2.3 Chain Hotel
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hotel Property Management Software 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 Property Management Software Market Size Forecast by Applications
6.2.1 Room Reservation
6.2.2 Check-Out
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hotel Property Management Software 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 Property Management Software 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 Property Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Hotel Property Management Software 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 Property Management Software Market Size Forecast by Type
9.6.1 Large Hotel
9.6.2 Small Hotel
9.6.3 Chain Hotel
9.6.4 Other
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 Property Management Software Market Size Forecast by Applications
9.10.1 Room Reservation
9.10.2 Check-Out
9.10.3 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 Property Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Hotel Property Management Software 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 Property Management Software Market Size Forecast by Type
10.6.1 Large Hotel
10.6.2 Small Hotel
10.6.3 Chain Hotel
10.6.4 Other
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 Property Management Software Market Size Forecast by Applications
10.10.1 Room Reservation
10.10.2 Check-Out
10.10.3 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 Property Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hotel Property Management Software 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 Property Management Software Market Size Forecast by Type
11.6.1 Large Hotel
11.6.2 Small Hotel
11.6.3 Chain Hotel
11.6.4 Other
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 Property Management Software Market Size Forecast by Applications
11.10.1 Room Reservation
11.10.2 Check-Out
11.10.3 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 Property Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Hotel Property Management Software 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 Property Management Software Market Size Forecast by Type
12.6.1 Large Hotel
12.6.2 Small Hotel
12.6.3 Chain Hotel
12.6.4 Other
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 Property Management Software Market Size Forecast by Applications
12.10.1 Room Reservation
12.10.2 Check-Out
12.10.3 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 Property Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hotel Property Management Software 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 Property Management Software Market Size Forecast by Type
13.6.1 Large Hotel
13.6.2 Small Hotel
13.6.3 Chain Hotel
13.6.4 Other
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 Property Management Software Market Size Forecast by Applications
13.10.1 Room Reservation
13.10.2 Check-Out
13.10.3 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 Property Management Software Market: Competitive Dashboard
14.2 Global Hotel Property Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RealPage
14.3.2 MRI Software
14.3.3 Console
14.3.4 Cloudbeds
14.3.5 FCS Computer Systems
14.3.6 eZee Absolute
14.3.7 Hoteliga
