The global Hotel Channel Management Software market size is projected to reach USD 0.79 billion by 2029

Hotel channel management software, also known as a hotel channel manager, is a software tool that helps hoteliers manage their online listings across booking sites and distribution channels. The software updates the real-time availability and rates of hotel rooms across booking channels, including online travel agencies, global distribution systems, metasearch engines (Google), and direct booking channels (e.g., company website and social media pages). It lets hotel businesses take reservations as well as resell rooms at a fixed commission on these channels.

A channel manager allows hoteliers to expand their global reach by letting them list and promote their properties on multiple booking platforms. It also prevents overbooking by automatically updating the room inventory in real time and maximizes profits by automating manual tasks.

According to the new market research report “Global Hotel Channel Management Software Market Report 2023-2029”, published by GlobalInfoResearch, the global Hotel Channel Management Software market size is projected to reach USD 0.79 billion by 2029, at a CAGR of 6.4% during the forecast period.

• Global Hotel Channel Management Software MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Hotel Channel Management Software Market 2023 by Manufacturers, Regions, Type and Hotel Channel Management Software, Forecast to 2029”.

• Global Hotel Channel Management Software Top24Players Ranking and Market Share（Based on data of 2021, Continually updated）

Source: GlobalInfoResearch, “Global Hotel Channel Management Software Market 2023 by Manufacturers, Regions, Type and Hotel Channel Management Software, Forecast to 2029”.

The global key manufacturers of Hotel Channel Management Software include Amadeus Hospitality, Oracle, DerbySoft, D-edge, SiteMinder, RateTiger (eRevMax), Cloudbeds (Myallocator), SynXis (Sabre), STAAH, RateGain (Dhisco), etc. In 2021, the global top 10 players had a share approximately 65.0% in terms of revenue.

Contact Us:

If you have any questions or have further requirements about this report, please contact us.

GlobaI Info Research Co.,Ltd

Website: https://www.globalinforesearch.com

TEL: CN: 0086-176 6505 2062

TEL: HK: 00852-58030175

TEL: US: 001-347 966 1888

E-mail: report@globalinforesearch.com

About Global Info Research:

Global Info Research is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. GlobalInfoResearch will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.

Global Info Research has more than 30000 global well-known customers, covering more than 30 industries, research regions cover China,Japan,Korea,US,EU,Asia,Middle East and Africa,South America,Australia,etc.