Market Overview:
The global hotel rate shopper software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based hotel rate shopper software and the growing adoption of mobile devices for booking hotels. North America is expected to lead the global hotel rate shopper software market in terms of revenue during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Hotel Rate Shopper is a software that helps users to compare hotel prices and find the best deals. It aggregates hotel rates from different online booking engines and provides a side-by-side comparison of the rates. This allows users to find the best deal on a hotel room quickly and easily.
Cloud Based:
Cloud-based software is a collection of tools and services that provide shared pooling of customer data from multiple vendors, allowing the integration of real-time information across channels. The technology helps hotels to effectively manage their rates and enhance their business intelligence.
On-Premise:
On-premise software is a type of cloud computing software that involves installing the system and application on an end user's own server, computer or workstation. The end-user then accesses the system remotely using a client such as Internet Explorer, Chrome or FireFox.
The major advantage of this type of shopping cart software is that there are no monthly fees.
Application Insights:
The luxury and high-end hotels segment accounted for the largest share of over 40.0% in 2017. The growth is attributed to the increase in number of five-star hotels across the globe, which has resulted in increased demand for HRS at various levels (checkin, checkout) and time periods (weekends, nights). Furthermore, an increasing number of luxury resorts around the world is expected to drive industry growth over the forecast period.
The mid-range hotel & business hotel segment accounted for a significant market share owing to growing corporate travel and tourism activities globally. A rise in business travelers from developing countries such as China India & Brazil has positively impacted industry growth worldwide. Moreover, companies such as Hilton are focusing on providing services that match international standards while offering reasonable prices thus driving market expansion further.
Resorts are considered to be expensive hotels due to their unique features.
Regional Analysis:
North America dominated the global hotel rate shoppers software market in 2017. North America is home to some of the most popular and luxurious hotels across the globe. The presence of major technology companies such as Expedia, Inc.; Booking Holdings; Priceline Group; and TripAdvisor LLC has also fueled growth in this region. Hotel owners are increasingly shifting their focus towards online booking systems, which will further fuel demand for these software solutions over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing investments by prominent players such as Google LLC; Microsoft Corporation; OpenText Corp.
Growth Factors:
- Increasing demand for online hotel reservations
- Rising number of business and leisure travelers
- Proliferation of smartphones and other mobile devices
- Advent of cloud-based technology
- Emergence of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Hotel Rate Shopper Software Market Research Report
By Type
Cloud Based, On-Premise
By Application
Luxury & High-End Hotels, Mid-Range Hotels & Business Hotels, Resorts Hotels, Boutique Hotels, Others
By Companies
RateGain, Hoteli Linkage, Hot-Tec, RateMate, Newhotel Software, TravelClick, eZee Reservation, OTA Insight, RateTiger (eRevMax), AxisRooms, YieldPlanet, iHotelligence
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hotel Rate Shopper Software Market Report Segments:
The global Hotel Rate Shopper Software 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
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:
- RateGain
- Hoteli Linkage
- Hot-Tec
- RateMate
- Newhotel Software
- TravelClick
- eZee Reservation
- OTA Insight
- RateTiger (eRevMax)
- AxisRooms
- YieldPlanet
- iHotelligence
Highlights of The Hotel Rate Shopper 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-Premise
- 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 Rate Shopper 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
Frequently Asked Questions?
Hotel Rate Shopper Software is a software that helps customers find the best hotel rates.
Some of the major players in the hotel rate shopper software market are RateGain, Hoteli Linkage, Hot-Tec, RateMate, Newhotel Software, TravelClick, eZee Reservation, OTA Insight, RateTiger (eRevMax), AxisRooms, YieldPlanet, iHotelligence.
The hotel rate shopper software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hotel Rate Shopper 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 Rate Shopper Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hotel Rate Shopper 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 Rate Shopper 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 Rate Shopper Software Market Size & Forecast, 2018-2028
4.5.1 Hotel Rate Shopper Software Market Size and Y-o-Y Growth
4.5.2 Hotel Rate Shopper Software Market Absolute $ Opportunity
Chapter 5 Global Hotel Rate Shopper 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 Rate Shopper Software 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 Rate Shopper 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 Rate Shopper Software Market Size Forecast by Applications
6.2.1 Luxury & High-End Hotels
6.2.2 Mid-Range Hotels & Business Hotels
6.2.3 Resorts Hotels
6.2.4 Boutique Hotels
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hotel Rate Shopper 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 Rate Shopper 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 Rate Shopper Software Analysis and Forecast
9.1 Introduction
9.2 North America Hotel Rate Shopper 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 Rate Shopper Software 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 Rate Shopper Software Market Size Forecast by Applications
9.10.1 Luxury & High-End Hotels
9.10.2 Mid-Range Hotels & Business Hotels
9.10.3 Resorts Hotels
9.10.4 Boutique Hotels
9.10.5 Others
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 Rate Shopper Software Analysis and Forecast
10.1 Introduction
10.2 Europe Hotel Rate Shopper 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 Rate Shopper Software 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 Rate Shopper Software Market Size Forecast by Applications
10.10.1 Luxury & High-End Hotels
10.10.2 Mid-Range Hotels & Business Hotels
10.10.3 Resorts Hotels
10.10.4 Boutique Hotels
10.10.5 Others
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 Rate Shopper Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hotel Rate Shopper 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 Rate Shopper Software 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 Rate Shopper Software Market Size Forecast by Applications
11.10.1 Luxury & High-End Hotels
11.10.2 Mid-Range Hotels & Business Hotels
11.10.3 Resorts Hotels
11.10.4 Boutique Hotels
11.10.5 Others
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 Rate Shopper Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Hotel Rate Shopper 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 Rate Shopper Software 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 Rate Shopper Software Market Size Forecast by Applications
12.10.1 Luxury & High-End Hotels
12.10.2 Mid-Range Hotels & Business Hotels
12.10.3 Resorts Hotels
12.10.4 Boutique Hotels
12.10.5 Others
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 Rate Shopper Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hotel Rate Shopper 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 Rate Shopper Software 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 Rate Shopper Software Market Size Forecast by Applications
13.10.1 Luxury & High-End Hotels
13.10.2 Mid-Range Hotels & Business Hotels
13.10.3 Resorts Hotels
13.10.4 Boutique Hotels
13.10.5 Others
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 Rate Shopper Software Market: Competitive Dashboard
14.2 Global Hotel Rate Shopper Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RateGain
14.3.2 Hoteli Linkage
14.3.3 Hot-Tec
14.3.4 RateMate
14.3.5 Newhotel Software
14.3.6 TravelClick
14.3.7 eZee Reservation
14.3.8 OTA Insight
14.3.9 RateTiger (eRevMax)
14.3.10 AxisRooms
14.3.11 YieldPlanet
14.3.12 iHotelligence
