Boston, MA -- (SBWIRE) -- 01/11/2017 -- The hospitality industry comprises of hotels and other accommodations, including restaurants and catering establishments. There is a need for management software to manage the revenues, guest check-in, and check-out to improve and enhance a customer's experience during the stay.

Technavio's analysts forecast the global hotel and hospitality management software market to grow at a CAGR of 6.14% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global hotel and hospitality management software market for 2016-2020. To calculate the market size, the report considers the subscription-based software licenses. A subscription license allows end-users to access all the specified products during the agreement term.

Get More Details on this Report and a Full Table of Contents at Global Hotel and Hospitality Management Software 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-Europe
-MEA

Technavio's report, Global Hotel and Hospitality Management Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Oracle
-Infor
-Protel hotelsoftware
-Sabre

Other prominent vendors

-ASSD
-Delta Software
-eZee FrontDesk
-innRoad
-Intertec Systems
-iRiS Software Systems
-Jonas Software
-Trawex
-Winsar Group

Market driver

-Increased need to reduce expenses and operational costs
-For a full, detailed list, view our report

Market challenge

-Frequent upgrades in technology
-For a full, detailed list, view our report

Market trend

-Increased use of mobiles for hotel booking
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Oracle, Infor, protel hotelsoftware, Sabre, ASSD, Delta Software, eZee FrontDesk, innRoad, Intertec Systems, iRiS Software Systems, Jonas Software, Trawex, Winsar

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