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Hotel and Hospitality Management Software Market By Hotel Type (Business Hotels, Heritage and Boutique Hotels, and Resorts and Spas); By Type (Hotel Operation Management System, Integrated Security System, Hotel Building Automation System, Guest Service Management System, and Integrated Communication Technology Solutions); By Deployment Type (On-premises, SaaS-based)Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2022

Published Date: 16-Feb-2018 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-2625 Status : Published

Global hotel and hospitality management software market expected to reach USD 4,300 million by 2022, growing at a CAGR of more than 6.5% between 2017 and 2022.

Description

Report Brief

  • The report covers forecast and analysis for the hotel and hospitality management software market on a global and regional level
  • The report includes the drivers and the restraints that affect the growth of the market
  • Detailed information about the market opportunities are discussed
  • The key target audience for the market has been determined in the report
  • The revenue generated by the prominent industry players has been analyzed in the report
  • The market numbers have been calculated using top-down and bottom-up approaches 
  • The hotel and hospitality management software market has been analyzed using the Porter’s Five Forces Analysis
  • The market is segmented on the basis of hotel type, type, deployment type which in turn is bifurcated on regional level as well
  • All the segments have been evaluated based on the present and the future trends
  • The report deals with the in-depth quantitative and qualitative analyses of the hotel and hospitality management software market
  • The report includes the detailed company profiles of the prominent market players

Market Summary

Overview

The hospitality industry is growing at around 4.3% per year versus 3.0% for the total global economy. Hotel management software is technology that allows hotel operators and owners to streamline their administrative tasks while also increasing their bookings in both the short- and long-term. The rapidly changing trends in consumer behavior and technology are expected to open new markets and opportunities. 

Value

The global hotel and hospitality management software market was valued at around USD 2,800 million in the year 2016 and it is expected to reach approximately USD 4,300 million by 2022. The global hotel and hospitality management software market is expected to grow at a CAGR of over 6.5% between 2017 and 2022.

Drivers and Restraints

The rapid growth in the tourism and hospitality industry has played a major role in driving the hotel and hospitality management software market. An increased adoption of the hotel and hospitality management software is expected in the coming years owing to the increasing need to minimize the expenditure and the operational costs. The other benefit of using the software is that it reduces the dependency on the manual processes.

The efficiency of the software may get hampered owing to factors such as power outages, virus attacks, and others thus limiting the market growth.

Global Hotel Hospitality Management market

Segmentation

In terms of revenue, business hotels dominated the market, accounting for around 47.5% of global hotel & hospitality market share in 2016. Business hotels offer the guests with the facilities such as unified communication capabilities that enable the guests to conduct meetings and conferences thus attracting more number of guests. Business hotels deploy different building automation system and mobile device-enabled technologies to provide a mesmerizing experience to the guests.

The guest service management system is anticipated to grow at the highest CAGR of over 7% during the forecast period. Increasing demand for automated real-time optimized guest services and the rise of demographic growth are expected to propel the market growth in the near future.

Data privacy and security offered by on-premise application software is expected to provide opportunities for the growth of the market. The on-premises segment was the leading segment and it accounted for around 64.60% share of total revenue generated in 2016. This growth is mainly due to increasing adoption of on-premises application software on account of rising in need to improve business productivity.

The Asia Pacific hotel & hospitality software market was valued at USD 970.28 Million in 2014. The increasing adoption of the cloud-based hotel management software which is a great time saving for organizations of any size is triggering the growth of the market in this region.

Industry Players

The global hotel and hospitality management software market report profiles some of the leading players in the market and analyzes their key strategies. The major players in the market are Johnson Controls, Jonas Software, NEC Corporation, Oracle Corporation, Protel hotel software GmbH., Schneider Electric, Siemens AG. Sabre, Trawex, Winhotel Solution, WINSAR, ASSD, Cisco Systems, Inc., eZeeFrontDesk, Huawei Technologies Co. Ltd., Honeywell International, Inc., IBM Corporation, Infor, Intertec Systems, and iRiS Software Systems Limited.

The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio; for instance, in April 2017 Infor acquired Birst Inc.
 

Table Of Content

  • Chapter 1 Preface
    • 1.1 Research Scope
    • 1.2 Research Methodology
      • 1.2.1 Market Research Process
      • 1.2.2 Market Research Methodology
  •  
  • Chapter 2 Executive Summary
    • 2.1 Global Hotel and Hospitality Management Software Market , 2014 - 2022 (USD Million)
    • 2.2 Global Hotel and Hospitality Management Software Market : Snapshot
  •  
  • Chapter 3 Hotel and Hospitality Management Software Market - Industry Analysis
    • 3.1 Introduction
      • 3.1.1 Classification Of Hotel and Hospitality Management Software Market
    • 3.2 Market Drivers
      • 3.2.1 Rapid growth of Tourism and Hospitality Industry is expected to bolster the Hotel and Hospitality Management Software Market across the Globe
    • 3.3 Restraints
      • 3.3.1 Disadvantages of the Software is expected to limit the growth of the Hotel and Hospitality Management Software Market over the Forecast Period
    • 3.4 Opportunities
      • 3.4.1 High growth of Cloud and Application based Versions to provide Ease to the Consumers
    • 3.5 Porter’s Five Forces Analysis
      • 3.5.1 Rivalry among the Existing Firms
      • 3.5.2 Threat of New Entrants
      • 3.5.3 Threat of Substitute Products and Services
      • 3.5.4 Bargaining Power of the Buyers
      • 3.5.5 Bargaining Power of Suppliers
    • 3.6 Global Hotel and Hospitality Management Software Market : Attractiveness Analysis
      • 3.6.1 Market Attractiveness Analysis By Hotel Type Segment
      • 3.6.2 Market Attractiveness Analysis By Type Segment
      • 3.6.3 Market Attractiveness Analysis By Deployment Type Segment
      • 3.6.4 Market Attractiveness Analysis By Regional Segment
  •  
  • Chapter 4 Competitive Landscape
    • 4.1 Company Market Share Analysis
      • 4.1.1 Global Hotel and Hospitality Management Software Market: Company Market Share, 2016
      • 4.1.2 Acquisitions & Mergers
      • 4.1.3 New Hotel Type Launch
      • 4.1.4 Agreements, Partnerships, Collaborations And Joint Ventures
      • 4.1.5 Research and Development, Hotel Type And Regional Expansion
  •  
  • Chapter 5 Hotel and Hospitality Management Software Market - Hotel Type Segment Analysis
    • 5.1 Global Hotel and Hospitality Management Software Market Overview: By Hotel Type
      • 5.1.1 Global Hotel and Hospitality Management Software Market Revenue Share, by Hotel Type 2016 & 2022
    • 5.2 Business Hotels
      • 5.2.1 Global Hotel and Hospitality Management Software Market for Business Hotels, 2014 - 2022 (USD Million)
    • 5.3 Heritage and Boutique Hotels
      • 5.3.1 Global Hotel and Hospitality Management Software Market for Heritage and Boutique Hotels, 2014 - 2022 (USD Million)
    • 5.4 Resorts and Spas
      • 5.4.1 Global Hotel and Hospitality Management Software Market for Resorts and Spas, 2014 - 2022 (USD Million)
  •  
  • Chapter 6 Hotel and Hospitality Management Software Market - By Type Segment Analysis
    • 6.1 Global Hotel and Hospitality Management Software market Overview: By Type
      • 6.1.1 Global Hotel and Hospitality Management Software Market Revenue Share, By Type 2016 & 2022
    • 6.2 Hotel Operation Management System
      • 6.2.1 Global Hotel and Hospitality Management Software Market for Hotel Operation Management System, 2014 - 2022 (USD Million)
    • 6.3 Integrated Security System
      • 6.3.1 Global Hotel and Hospitality Management Software Market for Integrated Security System, 2014 - 2022 (USD Million)
    • 6.4 Hotel Building Automation System
      • 6.4.1 Global Hotel and Hospitality Management Software Market for Hotel Building Automation System, 2014 - 2022 (USD Million)
    • 6.5 Guest Service Management System
      • 6.5.1 Global Hotel and Hospitality Management Software Market for Guest Service Management System, 2014 - 2022 (USD Million)
    • 6.6 Integrated Communication Technology Solutions
      • 6.6.1 Global Hotel and Hospitality Management Software Market for Integrated Communication Technology Solutions, 2014 - 2022 (USD Million)
  •  
  • Chapter 7 Hotel and Hospitality Management Software Market - By Deployment Type Segment Analysis
    • 7.1 Global Hotel and Hospitality Management Software market Overview: By Deployment Type
      • 7.1.1 Global Hotel and Hospitality Management Software Market Revenue Share, By Deployment Type 2016 & 2022
    • 7.2 On-premises
      • 7.2.1 Global Hotel and Hospitality Management Software Market for On-premises, 2014 - 2022 (USD Million)
    • 7.3 SaaS-based
      • 7.3.1 Global Hotel and Hospitality Management Software Market for SaaS-based, 2014 - 2022 (USD Million)
  •  
  • Chapter 8 Hotel and Hospitality Management Software Market - Regional Analysis
    • 8.1 Global Hotel and Hospitality Management Software Market : Regional Overview
      • 8.1.1 Global Hotel and Hospitality Management Software Market Revenue Share, By Region, 2016 & 2022
    • 8.2 North America
      • 8.2.1 North America Hotel and Hospitality Management Software Market, 2014 - 2022 (USD Million)
      • 8.2.2 North America Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
      • 8.2.3 North America Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
      • 8.2.4 North America Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.2.5 U.S.
        • 8.2.5.1 U.S. Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.2.5.2 U.S. Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.2.5.3 U.S. Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.2.6 Rest of North America
        • 8.2.6.1 Rest of North America Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.2.6.2 Rest of North America Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.2.6.3 Rest of North America Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
    • 8.3 Europe
      • 8.3.1 Europe Hotel and Hospitality Management Software Market, 2014 - 2022 (USD Million)
      • 8.3.2 Europe Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
      • 8.3.3 Europe Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
      • 8.3.4 Europe Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.3.5 U.K.
        • 8.3.5.1 U.K. Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.3.5.2 U.K. Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.3.5.3 U.K. Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.3.6 France
        • 8.3.6.1 France Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.3.6.2 France Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.3.6.3 France Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.3.7 Germany
        • 8.3.7.1 Germany Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.3.7.2 Germany Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.3.7.3 Germany Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.3.8 Spain
        • 8.3.8.1 Spain Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.3.8.2 Spain Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.3.8.3 Spain Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.3.9 Italy
        • 8.3.9.1 Italy Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.3.9.2 Italy Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.3.9.3 Italy Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.3.10 Rest of Europe
        • 8.3.10.1 Rest of Europe Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.3.10.2 Rest of Europe Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.3.10.3 Rest of Europe Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
    • 8.4 Asia Pacific
      • 8.4.1 Asia Pacific Hotel and Hospitality Management Software Market, 2014 - 2022 (USD Million)
      • 8.4.2 Asia Pacific Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
      • 8.4.3 Asia Pacific Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
      • 8.4.3.1 Asia Pacific Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.4.4 China
        • 8.4.4.1 China Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.4.4.2 China Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.4.4.3 China Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.4.5 Japan
        • 8.4.5.1 Japan Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.4.5.2 Japan Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.4.5.3 Japan Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.4.6 India
        • 8.4.6.1 India Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.4.6.2 India Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.4.6.3 India Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.4.7 Southeast Asia
        • 8.4.7.1 Southeast Asia Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.4.7.2 Southeast Asia Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.4.7.3 Southeast Asia Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.4.8 Rest of Asia Pacific
        • 8.4.8.1 Rest of Asia Pacific Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.4.8.2 Rest of Asia Pacific Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.4.8.3 Rest of Asia Pacific Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
    • 8.5 Latin America
      • 8.5.1 Latin America Hotel and Hospitality Management Software Market, 2014 - 2022 (USD Million)
      • 8.5.2 Latin America Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
      • 8.5.3 Latin America Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
      • 8.5.4 Latin America Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.5.5 Brazil
        • 8.5.5.1 Brazil Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.5.5.2 Brazil Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.5.5.3 Brazil Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.5.6 Rest of Latin America
        • 8.5.6.1 Rest of Latin America Hotel and Hospitality Management Software Market Revenue, By Hotel Type, 2014 - 2022 (USD Million)
        • 8.5.6.2 Rest of Latin America Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.5.6.3 Rest of Latin America Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
    • 8.6 Middle East and Africa
      • 8.6.1 Middle East and Africa Hotel and Hospitality Management Software Market, 2014 - 2022 (USD Million)
      • 8.6.2 Middle East And Africa Hotel and Hospitality Management Software Market Revenue, by Hotel Type, 2014 - 2022 (USD Million)
      • 8.6.3 Middle East and Africa Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
      • 8.6.4 Middle East and Africa Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.6.5 GCC Countries
        • 8.6.5.1 GCC Countries Hotel and Hospitality Management Software Market Revenue, by Hotel Type, 2014 - 2022 (USD Million)
        • 8.6.5.2 GCC Countries Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.6.5.3 GCC Countries Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.6.6 Southern Africa
        • 8.6.6.1 Southern Africa Hotel and Hospitality Management Software Market Revenue, by Hotel Type, 2014 - 2022 (USD Million)
        • 8.6.6.2 Southern Africa Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.6.6.3 Southern Africa Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
      • 8.6.7 Rest of Middle East and Africa
        • 8.6.7.1 Rest of Middle East and Africa Hotel and Hospitality Management Software Market Revenue, by Hotel Type, 2014 - 2022 (USD Million)
        • 8.6.7.2 Rest of Middle East and Africa Hotel and Hospitality Management Software Market Revenue, By Type, 2014 - 2022 (USD Million)
        • 8.6.7.3 Rest of Middle East and Africa Hotel and Hospitality Management Software Market Revenue, By Deployment Type, 2014 - 2022 (USD Million)
  •  
  • Chapter 9 Company Profiles
    • 9.1 Cisco Systems, Inc.
      • 9.1.1 Company Overview
      • 9.1.2 Financial Analysis
      • 9.1.3 Product Portfolio
      • 9.1.4 Recent Developments
      • 9.1.5 SWOT Analysis
      • 9.1.6 Business strategy
    • 9.2 ASSD
      • 9.2.1 Company Overview
      • 9.2.2 Product Portfolio
      • 9.2.3 Recent Developments
      • 9.2.4 SWOT Analysis
      • 9.2.5 Business strategy
    • 9.3 eZee FrontDesk
      • 9.3.1 Company Overview
      • 9.3.2 Product Portfolio
      • 9.3.3 Recent Developments
      • 9.3.4 SWOT Analysis
      • 9.3.5 Business strategy
    • 9.4 Huawei Technologies Co. Ltd
      • 9.4.1 Company Overview
      • 9.4.2 Financial Overview
      • 9.4.3 Product Portfolio
      • 9.4.4 SWOT Analysis
      • 9.4.5 Business strategy
      • 9.4.6 Recent Developments
    • 9.5 IBM Corporation
      • 9.5.1 Company Overview
      • 9.5.2 Financial Overview
      • 9.5.3 Product Portfolio
      • 9.5.4 SWOT Analysis
      • 9.5.5 Business strategy
      • 9.5.6 Recent Developments
    • 9.6 Infor Inc.
      • 9.6.1 Company Overview
      • 9.6.2 Financial Overview
      • 9.6.3 Product Portfolio
      • 9.6.4 SWOT Analysis
      • 9.6.5 Business strategy
      • 9.6.6 Recent Developments
    • 9.7 Intertec Systems.
      • 9.7.1 Company Overview
      • 9.7.2 Financial Overview
      • 9.7.3 Product Portfolio
      • 9.7.4 SWOT Analysis
      • 9.7.5 Business strategy
      • 9.7.6 Recent Developments
    • 9.8 iRiS Software Systems Limited
      • 9.8.1 Company Overview
      • 9.8.2 Financial Overview
      • 9.8.3 Product Portfolio
      • 9.8.4 SWOT Analysis
      • 9.8.5 Business strategy
      • 9.8.6 Recent Developments
    • 9.9 Johnson Controls
      • 9.9.1 Company Overview
      • 9.9.2 Financial Analysis
      • 9.9.3 Product Portfolio
      • 9.9.4 Recent Developments
      • 9.9.5 SWOT Analysis
      • 9.9.6 Business strategy
    • 9.10 NEC Corporation
      • 9.10.1 Company Overview
      • 9.10.2 Financial Analysis
      • 9.10.3 Product Portfolio
      • 9.10.4 Recent Developments
      • 9.10.5 SWOT Analysis
      • 9.10.6 Business strategy
    • 9.11 Jonas Software USA, Inc.
      • 9.11.1 Company Overview
      • 9.11.2 Product Portfolio
      • 9.11.3 Recent Developments
      • 9.11.4 SWOT Analysis
      • 9.11.5 Business strategy
    • 9.12 Oracle Corporation
      • 9.12.1 Company Overview
      • 9.12.2 Financial Analysis
      • 9.12.3 Product Portfolio
      • 9.12.4 Recent Developments
      • 9.12.5 SWOT Analysis
      • 9.12.6 Business strategy
    • 9.13 Protel hotel software GmbH
      • 9.13.1 Company Overview
      • 9.13.2 Product Portfolio
      • 9.13.3 Recent Developments
      • 9.13.4 SWOT Analysis
      • 9.13.5 Business strategy
    • 9.14 Schneider Electric S.E.
      • 9.14.1 Company Overview
      • 9.14.2 Financial Analysis
      • 9.14.3 Product Portfolio
      • 9.14.4 Recent Developments
      • 9.14.5 SWOT Analysis
      • 9.14.6 Business strategy
    • 9.15 Siemens AG
      • 9.15.1 Company Overview
      • 9.15.2 Financial Analysis
      • 9.15.3 Product Portfolio
      • 9.15.4 Recent Developments
      • 9.15.5 SWOT Analysis
      • 9.15.6 Business strategy
    • 9.16 Sabre Corporation
      • 9.16.1 Company Overview
      • 9.16.2 Financial Analysis
      • 9.16.3 Product Portfolio
      • 9.16.4 Recent Developments
      • 9.16.5 SWOT Analysis
      • 9.16.6 Business strategy
    • 9.17 Trawex
      • 9.17.1 Company Overview
      • 9.17.2 Product Portfolio
      • 9.17.3 Recent Developments
      • 9.17.4 SWOT Analysis
      • 9.17.5 Business strategy
    • 9.18 WINHOTEL SOLUTION SL
      • 9.18.1 Company Overview
      • 9.18.2 Product Portfolio
      • 9.18.3 Recent Developments
      • 9.18.4 SWOT Analysis
      • 9.18.5 Business strategy
    • 9.19 WINSAR
      • 9.19.1 Company Overview
      • 9.19.2 Financial Analysis
      • 9.19.3 Product Portfolio
      • 9.19.4 Recent Developments
      • 9.19.5 SWOT Analysis
      • 9.19.6 Business strategy
    • 9.20 Honeywell International Inc.
      • 9.20.1 Company Overview
      • 9.20.2 Financial Analysis
      • 9.20.3 Product Portfolio
      • 9.20.4 Recent Developments
      • 9.20.5 SWOT Analysis
      • 9.20.6 Business strategy

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Hotel and Hospitality Management Software market. Zion Market Research has collected and analyzed key data belong to the global Hotel and Hospitality Management Software market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Hotel and Hospitality Management Software across the world has been calculated through primary and secondary research.

Zion Market Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Market Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Hotel and Hospitality Management Software industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases, and market reports

News articles, press releases, and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Hotel and Hospitality Management Software market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split into segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage, and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.
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