Global Hotel Booking Engine System Supply, Demand and Key Producers, 2023-2029

Global Hotel Booking Engine System Supply, Demand and Key Producers, 2023-2029

The global Hotel Booking Engine System market size is expected to reach $ 24380 million by 2029, rising at a market growth of 6.1% CAGR during the forecast period (2023-2029).

The hotel booking engine system market refers to the industry involved in the development and provision of software solutions that enable hotels and accommodation providers to manage their online bookings and reservations. A hotel booking engine system typically includes features such as real-time availability, room inventory management, pricing and rate management, and secure payment processing.

The market for hotel booking engine systems has experienced significant growth in recent years due to the increasing popularity of online hotel bookings and the shift towards direct bookings through hotel websites. The rise of online travel agencies (OTAs) and the growing trend of travelers preferring to book accommodations online have driven the demand for efficient and user-friendly booking engine systems.

Key players in the hotel booking engine system market include software providers, technology companies, and travel technology platforms. These companies offer a range of solutions that cater to the needs of hotels, resorts, bed and breakfast establishments, and other accommodation providers.

The market is driven by factors such as the need for hotels to have a robust online presence, the desire to increase direct bookings and reduce dependency on OTAs, and the demand for personalized booking experiences for guests. Hoteliers are increasingly recognizing the importance of investing in booking engine systems that integrate seamlessly with their websites, provide a smooth and secure booking process, and offer features to enhance customer engagement and loyalty.

In terms of geographical distribution, the hotel booking engine system market is global, with demand coming from various regions worldwide. The market is influenced by factors such as the size of the hospitality industry, the level of digital adoption, and the overall travel and tourism trends in each region.

Additionally, the market is evolving with the introduction of new technologies and features such as mobile booking capabilities, integration with channel management systems, and the use of artificial intelligence to personalize booking experiences. These advancements aim to improve the efficiency and competitiveness of hotel booking processes.

A hotel booking engine is an online reservation system that helps direct reservations to be made. An easy, fast, and secure system, a booking engine helps increase direct sales without paying any commissions. With an increase in direct bookings, even the smallest hotel now cannot ignore the need for an online booking engine.

This report studies the global Hotel Booking Engine System demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Hotel Booking Engine System, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hotel Booking Engine System that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Hotel Booking Engine System total market, 2018-2029, (USD Million)

Global Hotel Booking Engine System total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Hotel Booking Engine System total market, key domestic companies and share, (USD Million)

Global Hotel Booking Engine System revenue by player and market share 2018-2023, (USD Million)

Global Hotel Booking Engine System total market by Type, CAGR, 2018-2029, (USD Million)

Global Hotel Booking Engine System total market by Application, CAGR, 2018-2029, (USD Million)

This reports profiles major players in the global Hotel Booking Engine System market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sabre (SynXis), Amadeus, SHR Group, Cendyn, D-EDGE, Oracle, Busy Rooms, Shiji Group and SiteMinder, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hotel Booking Engine System market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Hotel Booking Engine System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Hotel Booking Engine System Market, Segmentation by Type
Web-based
Cloud-based

Global Hotel Booking Engine System Market, Segmentation by Application
Luxury & High-End Hotels
Mid-Range Hotels & Business Hotels
Resorts Hotels
Boutique Hotels
Others

Companies Profiled:
Sabre (SynXis)
Amadeus
SHR Group
Cendyn
D-EDGE
Oracle
Busy Rooms
Shiji Group
SiteMinder
Clock Software
Zucchetti Group
DJUBO
Profitroom
Cloudbeds
Net Affinity
innRoad
HotelRunner
Hotelogix
eRevMax
Blastness
Bookassist
Omnibees
AxisRooms
EZee Technosys
WebRezPro
Bookwize
STAAH

Key Questions Answered

1. How big is the global Hotel Booking Engine System market?

2. What is the demand of the global Hotel Booking Engine System market?

3. What is the year over year growth of the global Hotel Booking Engine System market?

4. What is the total value of the global Hotel Booking Engine System market?

5. Who are the major players in the global Hotel Booking Engine System market?

6. What are the growth factors driving the market demand?