Market Overview:
The global hotel property management tools 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 tools and the growing adoption of these tools by large enterprises and SMEs. North America is expected to lead the global hotel property management tools market in terms of revenue during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Hotel Property Management Tools is a term used to describe a category of software used by the hospitality industry to manage various aspects of their business. This can include anything from reservations and check-in/check-out processes to accounting and marketing. The importance of Hotel Property Management Tools can vary depending on the individual business, but in general they are seen as critical for streamlining operations and maximizing profits.
Cloud-Based:
Cloud-based software is a collection of services that provide shared computer resources over the internet. It uses web-based technology and allows multiple computers to share data in real-time. The service is provided by various vendors including Oracle, Salesforce, IBM and Microsoft via their servers wherein the user can access any of these systems through a web browser.
On-Premise:
On-premise software is a type of cloud computing software that is installed and used on the end-users' computers, servers, or devices to provide services. The software runs from the end user's own system and hardware without being connected to the internet.
Application Insights:
The large enterprises segment held the largest market share in 2017. This is attributed to the presence of a large number of multinational companies operating in various industries across the world. The growing e-commerce industry has also played a key role in driving growth for online GMPMT solutions as most hotels are now accessible through online channels, thereby reducing overall counterfoils and travel managers' exposure to additional data entry tasks.
The SMEs segment is expected to register significant growth over the forecast period owing to increasing penetration of small businesses and chains of restaurants across numerous end-use industries including tourism, food & beverage and hospitality respectively.
Regional Analysis:
The North American region dominated the global hotel property management tools market in 2017. The growth can be attributed to the increasing number of hotels, growing online travel and tourism, and rising investments in cloud-based technologies. In addition, the presence of a large number of technology companies is expected to fuel regional growth over the forecast period.
The Asia Pacific hotel property management tools market is anticipated to witness significant growth over the forecast period owing to factors such as rapid urbanization leading to an increase in residential spaces; rise in demand for commercial space; and growing hospitality sector due primarily off-shore investment by multinational companies. Furthermore, government initiatives encouraging development of infrastructure are expected drive regional demand for hotel property management tools over the next eight years.
Growth Factors:
- Increasing demand for hotel property management tools from small and medium-sized hotels
- Rising adoption of cloud-based hotel property management systems
- Proliferation of mobile devices and apps among hospitality professionals
- Emergence of new technologies such as big data and the Internet of Things (IoT)
- Growing demand for Hotel Property Management Tools from luxury hotels
Scope Of The Report
Report Attributes
Report Details
Report Title
Hotel Property Management Tools Market Research Report
By Type
Cloud-Based, On-Premise
By Application
Large Enterprises, SMEs
By Companies
Oracle, Protel, Infor, Guestline, IQware, PAR Springer Miller, Amadeus, Maestro (Northwind), Agilysys, Sihot(GUBSE AG), Hetras (Shiji Group), InnQuest Software, SutiSoft, Inc., Cloudbeds, eZee Absolute
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Hotel Property Management Tools Market Report Segments:
The global Hotel Property Management Tools market is segmented on the basis of:
Types
Cloud-Based, On-Premise
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
Large Enterprises, SMEs
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:
- Oracle
- Protel
- Infor
- Guestline
- IQware
- PAR Springer Miller
- Amadeus
- Maestro (Northwind)
- Agilysys
- Sihot(GUBSE AG)
- Hetras (Shiji Group)
- InnQuest Software
- SutiSoft, Inc.
- Cloudbeds
- eZee Absolute
Highlights of The Hotel Property Management Tools 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-Premise
- By Application:
- Large Enterprises
- SMEs
- 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 Tools 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
Frequently Asked Questions?
Hotel property management tools are software programs that allow hoteliers to keep track of their properties, manage reservations, and generate reports.
Some of the major companies in the hotel property management tools market are Oracle, Protel, Infor, Guestline, IQware, PAR Springer Miller, Amadeus, Maestro (Northwind), Agilysys, Sihot(GUBSE AG), Hetras (Shiji Group), InnQuest Software, SutiSoft, Inc., Cloudbeds, eZee Absolute.
The hotel property management tools market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hotel Property Management Tools 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 Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hotel Property Management Tools 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 Tools 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 Tools Market Size & Forecast, 2018-2028
4.5.1 Hotel Property Management Tools Market Size and Y-o-Y Growth
4.5.2 Hotel Property Management Tools Market Absolute $ Opportunity
Chapter 5 Global Hotel Property Management Tools 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 Tools Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hotel Property Management Tools 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 Tools Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hotel Property Management Tools 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 Tools 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 Tools Analysis and Forecast
9.1 Introduction
9.2 North America Hotel Property Management Tools 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 Tools Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premise
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 Tools Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Hotel Property Management Tools 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 Tools Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premise
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 Tools Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hotel Property Management Tools 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 Tools Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premise
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 Tools Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Hotel Property Management Tools 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 Tools Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premise
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 Tools Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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 Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hotel Property Management Tools 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 Tools Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premise
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 Tools Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 Tools Market: Competitive Dashboard
14.2 Global Hotel Property Management Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oracle
14.3.2 Protel
14.3.3 Infor
14.3.4 Guestline
14.3.5 IQware
14.3.6 PAR Springer Miller
14.3.7 Amadeus
14.3.8 Maestro (Northwind)
14.3.9 Agilysys
14.3.10 Sihot(GUBSE AG)
14.3.11 Hetras (Shiji Group)
14.3.12 InnQuest Software
14.3.13 SutiSoft, Inc.
14.3.14 Cloudbeds
14.3.15 eZee Absolute
