Hotel Direct Booking Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The hotel direct booking software market size is expected to grow at a decent Compound Annual Growth Rate (CAGR) . The major drivers for upsurge in demand for direct booking software market include growing demand for real-time optimized guest experience management, luring revenue generation & low operational costs, and increasing adoption of Internet of Things (IoT) and energy management systems. The hotel direct booking software market is a highly competitive market with the presence of a large number of players in the market, and due to low entry barriers new players are emerging, and this factor is intensifying the competition in the hotel direct booking software market.
MARKET DYNAMICS
An increasing number of travelers, growing disposable incomes, and the increasing popularity of online travel apps are the major factors that are supporting the growth of the hotel direct booking software market. However, an increasing number of cyber-attacks and growing privacy concerns are the major restraining factors for the hotel direct booking software market. The players offering in the online travel market are focusing on offering heavy discounts on the travel packages to attract more customers which is creating pricing pressure on other companies in the hotel direct booking software market.
MARKET SCOPE
The "Global Hotel Direct Booking software market Analysis to 2028" is a specialized and in-depth study of the Hotel Direct Booking software market with a special focus on the global market trend analysis. The report aims to provide an overview of Hotel Direct Booking software market with detailed market segmentation by type, and application. The global Hotel Direct Booking software market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Hotel Direct Booking software market player and offers key trends and opportunities in the Hotel Direct Booking software market.
MARKET SEGMENTATION
The global Hotel Direct Booking software market is segmented on the basis of type, and application. On the basis of type, market is segmented as Cloud-Based, and On-Premise. On the basis of application, market is segmented as Luxury and High-End Hotels, Mid-Range Hotels and Business Hotels, Resorts Hotels, Boutique Hotels.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Hotel Direct Booking software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Hotel Direct Booking software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Hotel Direct Booking software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Hotel Direct Booking software market in these regions. Business and customer base of market players. The market players from Hotel Direct Booking software market are anticipated
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Hotel Direct Booking software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Hotel Direct Booking software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Hotel Direct Booking software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Hotel Direct Booking software market in these regions. Business and customer base of market players. The market players from Hotel Direct Booking software market are anticipated
MARKET PLAYERS
The reports cover key developments in the Hotel Direct Booking software market 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 expansion of lucrative growth opportunities in the future with the rising demand for Hotel Direct Booking software market. Below mentioned is the list of few companies engaged in the Hotel Direct Booking software market.
The report also includes the profiles of key Hotel Direct Booking software market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ClickTripz
- DirectBookingIQ
- Hoperator
- Hotelchamp
- Kognitive
- Noetic Marketing Technologies
- Stay Wanderful
- TripAdvisor
- Triptease Ltd
- TrustYo
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
This text is related
to segments covered.
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
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
1.3.1Hotel Direct Booking Software Market. - By Type
1.3.2Hotel Direct Booking Software Market. - By Application
1.3.3Hotel Direct Booking Software Market. - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.HOTEL DIRECT BOOKING SOFTWARE MARKET. LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.HOTEL DIRECT BOOKING SOFTWARE 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 DIRECT BOOKING SOFTWARE MARKET. - GLOBAL MARKET ANALYSIS
6.1.HOTEL DIRECT BOOKING SOFTWARE - GLOBAL MARKET OVERVIEW
6.2.HOTEL DIRECT BOOKING SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.HOTEL DIRECT BOOKING SOFTWARE MARKET. - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.CLOUD BASED
7.3.1.Overview
7.3.2.Cloud Based Market Forecast and Analysis
7.4.ON-PREMISE
7.4.1.Overview
7.4.2.On-Premise Market Forecast and Analysis
8.HOTEL DIRECT BOOKING SOFTWARE MARKET. - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.LUXURY AND HIGH-END HOTELS
8.3.1.Overview
8.3.2.Luxury and High-End Hotels Market Forecast and Analysis
8.4.MID-RANGE HOTELS AND BUSINESS HOTELS
8.4.1.Overview
8.4.2.Mid-Range Hotels and Business Hotels Market Forecast and Analysis
8.5.RESORTS HOTELS
8.5.1.Overview
8.5.2.Resorts Hotels Market Forecast and Analysis
8.6.BOUTIQUE HOTELS
8.6.1.Overview
8.6.2.Boutique Hotels Market Forecast and Analysis
9.HOTEL DIRECT BOOKING SOFTWARE MARKET. REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Hotel Direct Booking Software Market. Overview
9.1.2North America Hotel Direct Booking Software Market. Forecasts and Analysis
9.1.3North America Hotel Direct Booking Software Market. Forecasts and Analysis - By Type
9.1.4North America Hotel Direct Booking Software Market. Forecasts and Analysis - By Application
9.1.5North America Hotel Direct Booking Software Market. Forecasts and Analysis - By Countries
9.1.5.1United States Hotel Direct Booking Software Market.
9.1.5.1.1United States Hotel Direct Booking Software Market. by Type
9.1.5.1.2United States Hotel Direct Booking Software Market. by Application
9.1.5.2Canada Hotel Direct Booking Software Market.
9.1.5.2.1Canada Hotel Direct Booking Software Market. by Type
9.1.5.2.2Canada Hotel Direct Booking Software Market. by Application
9.1.5.3Mexico Hotel Direct Booking Software Market.
9.1.5.3.1Mexico Hotel Direct Booking Software Market. by Type
9.1.5.3.2Mexico Hotel Direct Booking Software Market. by Application
9.2.EUROPE
9.2.1Europe Hotel Direct Booking Software Market. Overview
9.2.2Europe Hotel Direct Booking Software Market. Forecasts and Analysis
9.2.3Europe Hotel Direct Booking Software Market. Forecasts and Analysis - By Type
9.2.4Europe Hotel Direct Booking Software Market. Forecasts and Analysis - By Application
9.2.5Europe Hotel Direct Booking Software Market. Forecasts and Analysis - By Countries
9.2.5.1Germany Hotel Direct Booking Software Market.
9.2.5.1.1Germany Hotel Direct Booking Software Market. by Type
9.2.5.1.2Germany Hotel Direct Booking Software Market. by Application
9.2.5.2France Hotel Direct Booking Software Market.
9.2.5.2.1France Hotel Direct Booking Software Market. by Type
9.2.5.2.2France Hotel Direct Booking Software Market. by Application
9.2.5.3Italy Hotel Direct Booking Software Market.
9.2.5.3.1Italy Hotel Direct Booking Software Market. by Type
9.2.5.3.2Italy Hotel Direct Booking Software Market. by Application
9.2.5.4United Kingdom Hotel Direct Booking Software Market.
9.2.5.4.1United Kingdom Hotel Direct Booking Software Market. by Type
9.2.5.4.2United Kingdom Hotel Direct Booking Software Market. by Application
9.2.5.5Russia Hotel Direct Booking Software Market.
9.2.5.5.1Russia Hotel Direct Booking Software Market. by Type
9.2.5.5.2Russia Hotel Direct Booking Software Market. by Application
9.2.5.6Rest of Europe Hotel Direct Booking Software Market.
9.2.5.6.1Rest of Europe Hotel Direct Booking Software Market. by Type
9.2.5.6.2Rest of Europe Hotel Direct Booking Software Market. by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Hotel Direct Booking Software Market. Overview
9.3.2Asia-Pacific Hotel Direct Booking Software Market. Forecasts and Analysis
9.3.3Asia-Pacific Hotel Direct Booking Software Market. Forecasts and Analysis - By Type
9.3.4Asia-Pacific Hotel Direct Booking Software Market. Forecasts and Analysis - By Application
9.3.5Asia-Pacific Hotel Direct Booking Software Market. Forecasts and Analysis - By Countries
9.3.5.1Australia Hotel Direct Booking Software Market.
9.3.5.1.1Australia Hotel Direct Booking Software Market. by Type
9.3.5.1.2Australia Hotel Direct Booking Software Market. by Application
9.3.5.2China Hotel Direct Booking Software Market.
9.3.5.2.1China Hotel Direct Booking Software Market. by Type
9.3.5.2.2China Hotel Direct Booking Software Market. by Application
9.3.5.3India Hotel Direct Booking Software Market.
9.3.5.3.1India Hotel Direct Booking Software Market. by Type
9.3.5.3.2India Hotel Direct Booking Software Market. by Application
9.3.5.4Japan Hotel Direct Booking Software Market.
9.3.5.4.1Japan Hotel Direct Booking Software Market. by Type
9.3.5.4.2Japan Hotel Direct Booking Software Market. by Application
9.3.5.5South Korea Hotel Direct Booking Software Market.
9.3.5.5.1South Korea Hotel Direct Booking Software Market. by Type
9.3.5.5.2South Korea Hotel Direct Booking Software Market. by Application
9.3.5.6Rest of Asia-Pacific Hotel Direct Booking Software Market.
9.3.5.6.1Rest of Asia-Pacific Hotel Direct Booking Software Market. by Type
9.3.5.6.2Rest of Asia-Pacific Hotel Direct Booking Software Market. by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Hotel Direct Booking Software Market. Overview
9.4.2Middle East and Africa Hotel Direct Booking Software Market. Forecasts and Analysis
9.4.3Middle East and Africa Hotel Direct Booking Software Market. Forecasts and Analysis - By Type
9.4.4Middle East and Africa Hotel Direct Booking Software Market. Forecasts and Analysis - By Application
9.4.5Middle East and Africa Hotel Direct Booking Software Market. Forecasts and Analysis - By Countries
9.4.5.1South Africa Hotel Direct Booking Software Market.
9.4.5.1.1South Africa Hotel Direct Booking Software Market. by Type
9.4.5.1.2South Africa Hotel Direct Booking Software Market. by Application
9.4.5.2Saudi Arabia Hotel Direct Booking Software Market.
9.4.5.2.1Saudi Arabia Hotel Direct Booking Software Market. by Type
9.4.5.2.2Saudi Arabia Hotel Direct Booking Software Market. by Application
9.4.5.3U.A.E Hotel Direct Booking Software Market.
9.4.5.3.1U.A.E Hotel Direct Booking Software Market. by Type
9.4.5.3.2U.A.E Hotel Direct Booking Software Market. by Application
9.4.5.4Rest of Middle East and Africa Hotel Direct Booking Software Market.
9.4.5.4.1Rest of Middle East and Africa Hotel Direct Booking Software Market. by Type
9.4.5.4.2Rest of Middle East and Africa Hotel Direct Booking Software Market. by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Hotel Direct Booking Software Market. Overview
9.5.2South and Central America Hotel Direct Booking Software Market. Forecasts and Analysis
9.5.3South and Central America Hotel Direct Booking Software Market. Forecasts and Analysis - By Type
9.5.4South and Central America Hotel Direct Booking Software Market. Forecasts and Analysis - By Application
9.5.5South and Central America Hotel Direct Booking Software Market. Forecasts and Analysis - By Countries
9.5.5.1Brazil Hotel Direct Booking Software Market.
9.5.5.1.1Brazil Hotel Direct Booking Software Market. by Type
9.5.5.1.2Brazil Hotel Direct Booking Software Market. by Application
9.5.5.2Argentina Hotel Direct Booking Software Market.
9.5.5.2.1Argentina Hotel Direct Booking Software Market. by Type
9.5.5.2.2Argentina Hotel Direct Booking Software Market. by Application
9.5.5.3Rest of South and Central America Hotel Direct Booking Software Market.
9.5.5.3.1Rest of South and Central America Hotel Direct Booking Software Market. by Type
9.5.5.3.2Rest of South and Central America Hotel Direct Booking Software Market. by Application
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 DIRECT BOOKING SOFTWARE MARKET., KEY COMPANY PROFILES
11.1.CLICKTRIPZ
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.DIRECTBOOKINGIQ
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.HOPERATOR
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.HOTELCHAMP
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.KOGNITIVE
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.NOETIC MARKETING TECHNOLOGIES
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.STAY WANDERFUL
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.TRIPADVISOR
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.TRIPTEASE LTD
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.TRUSTYOU
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. ClickTripz
2. DirectBookingIQ
3. Hoperator
4. Hotelchamp
5. Kognitive
6. Noetic Marketing Technologies
7. Stay Wanderful
8. TripAdvisor
9. Triptease Ltd
10. TrustYou
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.