Hotel Booking Engine Market Dynamics 2021-2031
A hotel booking engine is a piece of software or a program that allows you to make secure online reservations. A hotel booking engine's main aim is to allow reservations to be made either through the hotel's website or through third-party websites. With an easy and quick booking setup, a hotel booking engine helps users save time. To attract international travelers, the hotel booking engine replaces the manual or traditional entry system with immediate integration and multi-language and currency possibilities.
MARKET DYNAMICS
Hotel management operations are heavily influenced by technological improvements. Technology is rapidly evolving, and people are gravitating toward more internet-savvy solutions. The hospitality business has seen a rise in demand for Online Travel Agents (OTAs), which provide a variety of reservation services for vacation bookings. People prefer to use hotel booking engines to find, browse, and book their vacation accommodations. Hotel booking engines are becoming more convenient as a result of internet tools that allow travelers to book their vacations and conveniently plan their vacations, saving them time and efforts..
MARKET SCOPE
The "Global Hotel Booking Engine Market Analysis To 2031" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The hotel booking engine market report aims to provide an overview of the hotel booking engine market with detailed market segmentation by offering, end user, and geography. The global hotel booking engine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hotel booking engine market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hotel booking engine market is segmented based on offering, end user. Based on the offering, the hotel booking engine market is segmented into solution, services. Based on end user, the hotel booking engine market is segmented into individuals, commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hotel booking engine market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hotel booking engine market by each region is later sub-segmented by respective countries and segments. The hotel booking engine market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hotel booking engine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the hotel booking engine market in these regions.
IMPACT OF COVID-19 ON HOTEL BOOKING ENGINE MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a negative impact on the hotel booking engine market. Many companies operating in the hospitality market were significantly impacted owing to the stringent government regulations across several government bodies. Tourisms and work travel were temporarily banned to combat the spread of the virus. Therefore, the demand for hotel booking engine is experienced a decline during COVID-19 and is also set to increase during the forecast period thereby, impacting the market negatively.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hotel booking engine market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hotel booking engine market by each region is later sub-segmented by respective countries and segments. The hotel booking engine market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hotel booking engine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the hotel booking engine market in these regions.
IMPACT OF COVID-19 ON HOTEL BOOKING ENGINE MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a negative impact on the hotel booking engine market. Many companies operating in the hospitality market were significantly impacted owing to the stringent government regulations across several government bodies. Tourisms and work travel were temporarily banned to combat the spread of the virus. Therefore, the demand for hotel booking engine is experienced a decline during COVID-19 and is also set to increase during the forecast period thereby, impacting the market negatively.
MARKET PLAYERS
The reports cover key developments in the hotel booking engine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from hotel booking engine market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the hotel booking engine market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hotel booking engine market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- World Hotel Marketing
- STAAH Limited.
- eZee Reservation
- AxisRooms Travel Distribution Pvt. Ltd.
- Hotelogix
- SiteMinder
- Sirvoy Ltd
- Pegasus
- WebRezPro
- Cloudbeds
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hotel Booking Engine Market - By Offering
1.3.2 Hotel Booking Engine Market - By End User
1.3.3 Hotel Booking Engine Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HOTEL BOOKING ENGINE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. HOTEL BOOKING ENGINE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HOTEL BOOKING ENGINE MARKET - GLOBAL MARKET ANALYSIS
6.1. HOTEL BOOKING ENGINE - GLOBAL MARKET OVERVIEW
6.2. HOTEL BOOKING ENGINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HOTEL BOOKING ENGINE MARKET - REVENUE AND FORECASTS TO 2028 - OFFERING
7.1. OVERVIEW
7.2. OFFERING MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. HOTEL BOOKING ENGINE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. INDIVIDUALS
8.3.1. Overview
8.3.2. Individuals Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. Commercial Market Forecast and Analysis
8.4.3. Travel Agencies Market
8.4.3.1. Overview
8.4.3.2. Travel Agencies Market Forecast and Analysis
8.4.4. Corporate Market
8.4.4.1. Overview
8.4.4.2. Corporate Market Forecast and Analysis
9. HOTEL BOOKING ENGINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hotel Booking Engine Market Overview
9.1.2 North America Hotel Booking Engine Market Forecasts and Analysis
9.1.3 North America Hotel Booking Engine Market Forecasts and Analysis - By Offering
9.1.4 North America Hotel Booking Engine Market Forecasts and Analysis - By End User
9.1.5 North America Hotel Booking Engine Market Forecasts and Analysis - By Countries
9.1.5.1 United States Hotel Booking Engine Market
9.1.5.1.1 United States Hotel Booking Engine Market by Offering
9.1.5.1.2 United States Hotel Booking Engine Market by End User
9.1.5.2 Canada Hotel Booking Engine Market
9.1.5.2.1 Canada Hotel Booking Engine Market by Offering
9.1.5.2.2 Canada Hotel Booking Engine Market by End User
9.1.5.3 Mexico Hotel Booking Engine Market
9.1.5.3.1 Mexico Hotel Booking Engine Market by Offering
9.1.5.3.2 Mexico Hotel Booking Engine Market by End User
9.2. EUROPE
9.2.1 Europe Hotel Booking Engine Market Overview
9.2.2 Europe Hotel Booking Engine Market Forecasts and Analysis
9.2.3 Europe Hotel Booking Engine Market Forecasts and Analysis - By Offering
9.2.4 Europe Hotel Booking Engine Market Forecasts and Analysis - By End User
9.2.5 Europe Hotel Booking Engine Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hotel Booking Engine Market
9.2.5.1.1 Germany Hotel Booking Engine Market by Offering
9.2.5.1.2 Germany Hotel Booking Engine Market by End User
9.2.5.2 France Hotel Booking Engine Market
9.2.5.2.1 France Hotel Booking Engine Market by Offering
9.2.5.2.2 France Hotel Booking Engine Market by End User
9.2.5.3 Italy Hotel Booking Engine Market
9.2.5.3.1 Italy Hotel Booking Engine Market by Offering
9.2.5.3.2 Italy Hotel Booking Engine Market by End User
9.2.5.4 United Kingdom Hotel Booking Engine Market
9.2.5.4.1 United Kingdom Hotel Booking Engine Market by Offering
9.2.5.4.2 United Kingdom Hotel Booking Engine Market by End User
9.2.5.5 Russia Hotel Booking Engine Market
9.2.5.5.1 Russia Hotel Booking Engine Market by Offering
9.2.5.5.2 Russia Hotel Booking Engine Market by End User
9.2.5.6 Rest of Europe Hotel Booking Engine Market
9.2.5.6.1 Rest of Europe Hotel Booking Engine Market by Offering
9.2.5.6.2 Rest of Europe Hotel Booking Engine Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hotel Booking Engine Market Overview
9.3.2 Asia-Pacific Hotel Booking Engine Market Forecasts and Analysis
9.3.3 Asia-Pacific Hotel Booking Engine Market Forecasts and Analysis - By Offering
9.3.4 Asia-Pacific Hotel Booking Engine Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Hotel Booking Engine Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hotel Booking Engine Market
9.3.5.1.1 Australia Hotel Booking Engine Market by Offering
9.3.5.1.2 Australia Hotel Booking Engine Market by End User
9.3.5.2 China Hotel Booking Engine Market
9.3.5.2.1 China Hotel Booking Engine Market by Offering
9.3.5.2.2 China Hotel Booking Engine Market by End User
9.3.5.3 India Hotel Booking Engine Market
9.3.5.3.1 India Hotel Booking Engine Market by Offering
9.3.5.3.2 India Hotel Booking Engine Market by End User
9.3.5.4 Japan Hotel Booking Engine Market
9.3.5.4.1 Japan Hotel Booking Engine Market by Offering
9.3.5.4.2 Japan Hotel Booking Engine Market by End User
9.3.5.5 South Korea Hotel Booking Engine Market
9.3.5.5.1 South Korea Hotel Booking Engine Market by Offering
9.3.5.5.2 South Korea Hotel Booking Engine Market by End User
9.3.5.6 Rest of Asia-Pacific Hotel Booking Engine Market
9.3.5.6.1 Rest of Asia-Pacific Hotel Booking Engine Market by Offering
9.3.5.6.2 Rest of Asia-Pacific Hotel Booking Engine Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hotel Booking Engine Market Overview
9.4.2 Middle East and Africa Hotel Booking Engine Market Forecasts and Analysis
9.4.3 Middle East and Africa Hotel Booking Engine Market Forecasts and Analysis - By Offering
9.4.4 Middle East and Africa Hotel Booking Engine Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Hotel Booking Engine Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hotel Booking Engine Market
9.4.5.1.1 South Africa Hotel Booking Engine Market by Offering
9.4.5.1.2 South Africa Hotel Booking Engine Market by End User
9.4.5.2 Saudi Arabia Hotel Booking Engine Market
9.4.5.2.1 Saudi Arabia Hotel Booking Engine Market by Offering
9.4.5.2.2 Saudi Arabia Hotel Booking Engine Market by End User
9.4.5.3 U.A.E Hotel Booking Engine Market
9.4.5.3.1 U.A.E Hotel Booking Engine Market by Offering
9.4.5.3.2 U.A.E Hotel Booking Engine Market by End User
9.4.5.4 Rest of Middle East and Africa Hotel Booking Engine Market
9.4.5.4.1 Rest of Middle East and Africa Hotel Booking Engine Market by Offering
9.4.5.4.2 Rest of Middle East and Africa Hotel Booking Engine Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hotel Booking Engine Market Overview
9.5.2 South and Central America Hotel Booking Engine Market Forecasts and Analysis
9.5.3 South and Central America Hotel Booking Engine Market Forecasts and Analysis - By Offering
9.5.4 South and Central America Hotel Booking Engine Market Forecasts and Analysis - By End User
9.5.5 South and Central America Hotel Booking Engine Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hotel Booking Engine Market
9.5.5.1.1 Brazil Hotel Booking Engine Market by Offering
9.5.5.1.2 Brazil Hotel Booking Engine Market by End User
9.5.5.2 Argentina Hotel Booking Engine Market
9.5.5.2.1 Argentina Hotel Booking Engine Market by Offering
9.5.5.2.2 Argentina Hotel Booking Engine Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HOTEL BOOKING ENGINE MARKET, KEY COMPANY PROFILES
11.1. WORLD HOTEL MARKETING
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. STAAH LIMITED.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EZEE RESERVATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. AXISROOMS TRAVEL DISTRIBUTION PVT. LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HOTELOGIX
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SITEMINDER
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SIRVOY LTD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PEGASUS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WEBREZPRO
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CLOUDBEDS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.World Hotel Marketing
2.STAAH Limited.
3.eZee Reservation
4. AxisRooms Travel Distribution Pvt. Ltd.
5.Hotelogix
6.SiteMinder
7.Sirvoy Ltd
8.Pegasus
9.WebRezPro
10.Cloudbeds
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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