Global Hotel Channel Management Software Market Growth (Status and Outlook) 2023-2029
Hotel channel management software, also known as a hotel channel manager, is a software tool that helps hoteliers manage their online listings across booking sites and distribution channels. The software updates the real-time availability and rates of hotel rooms across booking channels, including online travel agencies, global distribution systems, metasearch engines (Google), and direct booking channels (e.g., company website and social media pages). It lets hotel businesses take reservations as well as resell rooms at a fixed commission on these channels.
LPI (LP Information)' newest research report, the “Hotel Channel Management Software Industry Forecast” looks at past sales and reviews total world Hotel Channel Management Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Hotel Channel Management Software sales for 2023 through 2029. With Hotel Channel Management Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hotel Channel Management Software industry.
This Insight Report provides a comprehensive analysis of the global Hotel Channel Management Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hotel Channel Management Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hotel Channel Management Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hotel Channel Management Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hotel Channel Management Software.
The global Hotel Channel Management Software market size is projected to grow from US$ 445.1 million in 2022 to US$ 783 million in 2029; it is expected to grow at a CAGR of 8.4% from 2023 to 2029.
Global key players of Hotel Channel Management Software include Amadeus Hospitality, Oracle, DerbySoft, etc. These top three companies hold a market share over 40%. Europe and North America are the major producing regions in the world. In terms of application, the product is most widely used in Luxury & High-End Hotels, followed by Mid-Range Hotels & Business Hotels.
This report presents a comprehensive overview, market shares, and growth opportunities of Hotel Channel Management Software market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Cloud Based
On-Premises
Segmentation by application
Mid-Range Hotels & Business Hotels
Luxury & High-End Hotels
Resorts Hotels
Boutique Hotels
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SiteMinder
STAAH
Amadeus Hospitality
D-edge
Cubilis (Stardekk)
RateTiger (eRevMax)
Oracle
Hotel Spider (Tourisoft)
SynXis (Sabre)
Vertical Booking
Cloudbeds (Myallocator)
DerbySoft
Beds24
RoomCloud
SabeeApp
Hotel Link
FrontDesk Master
Octorate
RateGain (Dhisco)
Omnibees
Previo
EZee Centrix
AxisRooms
Hotelogix
Hirum
Base7booking (Mews)
Cultuzz
ResOnline
Hoteliers.com
Wubook
Please note: The report will take approximately 2 business days to prepare and deliver.
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