Hotel Revenue Management Software Market Report 2025 (Global Edition)

Global Hotel Revenue Management Software Market Report 2025 Market Size Split by Deployment (Cloud-Based, On-Premises), by Application (Luxury & High-End Hotels, Mid-Range Hotels & Business Hotels, Re...

Hotel Revenue Management Software Market Report Description

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Competitive Analysis of the Hotel Revenue Management Software Market:

The Hotel revenue management software is highly competitive with several key players dominating the industry. These players offer a wide range of software solutions that cater to the diverse needs of hotels. The competitive landscape is characterized by product innovation, strategic partnerships, mergers, and acquisitions. The major players in the market strive to enhance their market share through continuous technological advancements and expanding their footprint across the world. Some of them include RevControl, AxisRooms, IDeaS (SAS), Infor, RevPar Guru, Maxim RMS, Cloudbeds, JDA Software, RoomPriceGenie, RateBoard, Profit Intelligence, LodgIQ, Hotel Scienz, Climber Hotel, BeOnPrice, Atomize, Hotelpartner, and others.

Recent Developments:

September 2021

• Sabre announced its long-term partnership with Etihad

Sabre announced its long-term partnership with Etihad and launched its AI-powered revenue management system.

November 2021

• Sabre announced its strategic partnership with TUI hotels

In the course of the partnership, around 70 hotels of the TUI portfolio will use Sabre’s platform solution, including SynXis Central Reservations (CR) and Channel Connect, to enable its new distribution strategy. 

Top Companies Market Share in Hotel Revenue Management Software Industry: (In no particular order of Rank)

• RevControl
• AxisRooms
• IDeaS(SAS)
• Infor
• RevPar Guru
• Maxim RMS
• Cloudbeds
• JDA Software
• RoomPriceGenie
• RateBoard
• Profit Intelligence
• LodgIQ
• Hotel Scienz
• Climber Hotel
• BeOnPrice
• Atomize
• Hotelpartner
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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North America Hotel Revenue Management Software Market accounted for the fastest-growing region in 2022!

The hotel revenue management system market in North America is expanding quickly. This is brought on by the rising demand for hotel services, an increase in travelers, and the requirement for hotels to maximize their profitability. The availability of advanced analytics as well as the growing usage of cloud-based solutions are fueling the market's expansion. Additionally, the industry is being pushed by the rising demand for individualized services and the requirement for hotels to enhance their guest experiences. Additionally, the rising popularity of mobile applications and the accessibility of advanced analytics both support the market's expansion in this region.

The current report Scope analyzes Hotel Revenue Management Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Hotel Revenue Management Software Market Analysis

By Deployment, the cloud-based segment is anticipated for largest market share of Hotel Revenue Management Software Market in 2022!

The cloud-based segment is anticipated to have the largest market share as Cloud-based hotel revenue management systems (RMS) provide powerful, flexible, and cost-effective solutions for hotel, resort, and chain hotels. Additionally, the cloud-based hotel also allows hoteliers to create, update, and manage their own rates and offers, dynamic pricing, and other market-related analytics leveraging cloud computing capabilities, real-time data and analytics on occupancy information and market demand, integrated reporting, and analytics. Cloud-based solutions also allow hotels to create and manage pricing, occupancy, and yield plans with great flexibility, accuracy, and agility, hence boosting segment growth.

• Cloud-Based
• On-Premises

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Hotel Revenue Management Software Industry. Request a Free Sample PDF!

By Application, the Luxury and high-end hotels dominated the Hotel Revenue Management Software market in 2022!

In terms of revenue, the luxury and high-end categories dominated the market in 2022 due to a rise in demand for deluxe rooms at various types of hotels around the world. An increase in consumer buying power and the expansion of ultra-luxury homes worldwide are two important factors boosting the segment growth. Due to the rising demand for GMR software among these properties, this sector has seen a stronger adoption throughout the world, further boosting the market expansion.

• Luxury & High-End Hotels
• Mid-Range Hotels & Business Hotels 
• Resort Hotels 
• Boutique Hotels
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Hotel Revenue Management Software End User Segment Analysis

The chain hotels segment is anticipated to register a higher growth rate during the forecast period

The chain hotels segment is anticipated to register a higher growth rate during the forecast period as these chain hotels employ this revenue management software system to coordinate their various locations, and properties as well as help them to minimize the profits from their various services. Furthermore, they also track sales and customer data with the help of this software, improve client acquisition and retention procedures, and use sophisticated analytics to boost productivity and profitability across numerous properties. Additionally, they also utilize the software to create pricing and marketing plans depending on current market conditions which boosts the market.

• Chain Hotels
• Independent Hotels
• Hotel Management Companies

Hotel Revenue Management Software Pricing Model Segment Analysis

• Subscription-Based
• Pay Per Booking

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Profile

Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion