DUBLIN--(BUSINESS WIRE)--The "Global Hotel and Hospitality Management Software Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Global hotel and hospitality management software market expected to grow at a CAGR of 8.91% during the period 2018-2022.
One trend in the market is rise in cloud integration. The demand for cloud-based integration of hotel and hospitality management systems is increasing. The cloud-based hotel and hospital management software provide access to the application via web-based browsers, wherein the admin has previously defined the access level and processes across the organization.
According to the report, one driver in the market is reduction in overall operational costs. Hotels focus on integrating newer technology to lower down their expense on document processing through automation. Mid-to-small size hotels concentrate toward increasing their income by controlling company expenditure and streamlining their operations.
Further, the report states that one challenge in the market is complications in changeover from traditional system. A business should consistently satisfy customer needs by launching new products or services as per the market demand by tracking and analyzing the customer interactions in a systematic and organized way to convert the potential lead to a final sale. However, the adoption of advanced technology in the hotel and hospitality sector is causing system integration and interoperability issues.
Key Vendors
- Amadeus IT Group
- Cisco Systems
- Oracle
- Sabre
- Salesforce
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Introduction
5. Market Landscape
6. Market Sizing
7. Five Forces Analysis
8. Market Segmentation
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/txzgg9/global_hotel_and?w=4
