DUBLIN--(BUSINESS WIRE)--The "Hotel and Hospitality Management Software Market By Hotel Type ; By Type ; By Deployment Type Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2022" report has been added to ResearchAndMarkets.com's offering.
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 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.
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.
Industry Players:
- 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
- iRiS Software Systems Limited
Key Topics Covered:
1. Preface
2 Executive Summary
3 Hotel and Hospitality Management Software Market - Industry Analysis
4 Competitive Landscape
5 Hotel and Hospitality Management Software Market - Hotel Type Segment Analysis
6 Hotel and Hospitality Management Software Market - By Type Segment Analysis
7 Hotel and Hospitality Management Software Market - By Deployment Type Segment Analysis
8 Hotel and Hospitality Management Software Market - Regional Analysis
9 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/mz4cj7/global_hotel_and?w=4