Hotel Revenue Management Systems Market

Hotel revenue management systems (RMS), also known as yield management systems, use data analytics to help hoteliers maximize revenue and profitability. These solutions draw upon historical data and market data, as well as demand signals, to identify the best room rate for each respective channel listing and maintain real-time rate optimization. This automates an extremely time-consuming manual process and allows hoteliers to focus on other operational tasks. A hotel RMS helps hoteliers make intelligent pricing decisions and visualize complex data in a digestible format, improving revenue per available room (RevPAR) and budget forecasting. Some products also allow pricing to be compared against competitors for further insights. Strong reporting features enable data to be exported and shared with ease.
Hotel Revenue Management Systems Market aims to provide a comprehensive presentation of the global market for Hotel Revenue Management Systems (RMS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hotel Revenue Management Systems (RMS). Hotel Revenue Management Systems Market contains market size and forecasts of Hotel Revenue Management Systems (RMS) in global, including the following market information:
Global Hotel Revenue Management Systems (RMS) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Hotel Revenue Management Systems (RMS) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Cloud Based Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Hotel Revenue Management Systems (RMS) include AxisRooms Travel Distribution, Climber, Cloudbeds, Integrated Decisions and Systems, Quibble, Aiosell, Allotz Automation Innovation, Atomize and Autoclerk, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Hotel Revenue Management Systems (RMS) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hotel Revenue Management Systems (RMS) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Hotel Revenue Management Systems (RMS) Market Segment Percentages, by Type, 2022 (%)
Cloud Based
On Premises
Global Hotel Revenue Management Systems (RMS) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Hotel Revenue Management Systems (RMS) Market Segment Percentages, by Application, 2022 (%)
Multinational hotel chain
Non-multinational hotel chain
Global Hotel Revenue Management Systems (RMS) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Hotel Revenue Management Systems (RMS) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hotel Revenue Management Systems (RMS) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Hotel Revenue Management Systems (RMS) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AxisRooms Travel Distribution
Climber
Cloudbeds
Integrated Decisions and Systems
Quibble
Aiosell
Allotz Automation Innovation
Atomize
Autoclerk
Avon Data Systems
Jonas Chorum
Duetto
eZee Technosys
Infor
Nimble Property
Hotel Price Reporter
Hotel Scienz
Ncs Net Computer
Seekom
innRoad
Life House
Lybra
Mews Systems
Infodata Systems
OTA Insight
Pace Revenue
Pure ITES
Cendyn
Revnomix Solutions
RoomPriceGenie
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hotel Revenue Management Systems (RMS), market overview.
Chapter 2: Global Hotel Revenue Management Systems (RMS) market size in revenue.
Chapter 3: Detailed analysis of Hotel Revenue Management Systems (RMS) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hotel Revenue Management Systems (RMS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.