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.
Market Analysis and Insights: Global and United States Hotel Revenue Management Systems (RMS) Market
This report focuses on global and United States Hotel Revenue Management Systems (RMS) market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Hotel Revenue Management Systems (RMS) market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, by Type, Cloud Based accounting for % of the Hotel Revenue Management Systems (RMS) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While by Application, Multinational hotel chain was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Hotel Revenue Management Systems (RMS) market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
Global Hotel Revenue Management Systems (RMS) Scope and Market Size
Hotel Revenue Management Systems (RMS) market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Hotel Revenue Management Systems (RMS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Hotel Revenue Management Systems (RMS) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type, the Hotel Revenue Management Systems (RMS) market is segmented into
Cloud Based
On Premises
Segment by Application, the Hotel Revenue Management Systems (RMS) market is segmented into
Multinational hotel chain
Non-multinational hotel chain
Regional and Country-level Analysis
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Competitive Landscape and Hotel Revenue Management Systems (RMS) Market Share Analysis
Hotel Revenue Management Systems (RMS) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2022. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2022. Details included are company description, major business, company total revenue and the sales, revenue generated in Hotel Revenue Management Systems (RMS) business, the date to enter into the Hotel Revenue Management Systems (RMS) market, Revenue in Hotel Revenue Management Systems (RMS) Business (2017-2022) & (US$ Million) introduction, recent developments, etc.
The major vendors covered:
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
Table of Contents
1 Study Coverage
1.1 Hotel Revenue Management Systems (RMS) Revenue in Hotel Revenue Management Systems (RMS) Business (2017-2022) & (US$ Million) Introduction
1.2 Global Hotel Revenue Management Systems (RMS) Outlook 2017 VS 2022 VS 2028
1.2.1 Global Hotel Revenue Management Systems (RMS) Market Size for the Year 2017-2028
1.2.2 Global Hotel Revenue Management Systems (RMS) Market Size for the Year 2017-2028
1.3 Hotel Revenue Management Systems (RMS) Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.3.1 The Market Share of United States Hotel Revenue Management Systems (RMS) in Global, 2017 VS 2022 VS 2028
1.3.2 The Growth Rate of Hotel Revenue Management Systems (RMS) Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.4 Hotel Revenue Management Systems (RMS) Market Dynamics
1.4.1 Hotel Revenue Management Systems (RMS) Industry Trends
1.4.2 Hotel Revenue Management Systems (RMS) Market Drivers
1.4.3 Hotel Revenue Management Systems (RMS) Market Challenges
1.4.4 Hotel Revenue Management Systems (RMS) Market Restraints
1.5 Study Objectives
1.6 Years Considered
2 Hotel Revenue Management Systems (RMS) by Type
2.1 Hotel Revenue Management Systems (RMS) Market Segment by Type
2.1.1 Cloud Based
2.1.2 On Premises
2.2 Global Hotel Revenue Management Systems (RMS) Market Size by Type (2017, 2022 & 2028)
2.3 Global Hotel Revenue Management Systems (RMS) Market Size by Type (2017-2028)
2.4 United States Hotel Revenue Management Systems (RMS) Market Size by Type (2017, 2022 & 2028)
2.5 United States Hotel Revenue Management Systems (RMS) Market Size by Type (2017-2028)
3 Hotel Revenue Management Systems (RMS) by Application
3.1 Hotel Revenue Management Systems (RMS) Market Segment by Application
3.1.1 Multinational hotel chain
3.1.2 Non-multinational hotel chain
3.2 Global Hotel Revenue Management Systems (RMS) Market Size by Application (2017, 2022 & 2028)
3.3 Global Hotel Revenue Management Systems (RMS) Market Size by Application (2017-2028)
3.4 United States Hotel Revenue Management Systems (RMS) Market Size by Application (2017, 2022 & 2028)
3.5 United States Hotel Revenue Management Systems (RMS) Market Size by Application (2017-2028)
4 Global Hotel Revenue Management Systems (RMS) Competitor Landscape by Company
4.1 Global Hotel Revenue Management Systems (RMS) Market Size by Company
4.1.1 Top Global Hotel Revenue Management Systems (RMS) Companies Ranked by Revenue (2021)
4.1.2 Global Hotel Revenue Management Systems (RMS) Revenue by Player (2017-2022)
4.2 Global Hotel Revenue Management Systems (RMS) Concentration Ratio (CR)
4.2.1 Hotel Revenue Management Systems (RMS) Market Concentration Ratio (CR) (2017-2022)
4.2.2 Global Top 5 and Top 10 Largest Companies of Hotel Revenue Management Systems (RMS) in 2021
4.2.3 Global Hotel Revenue Management Systems (RMS) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Hotel Revenue Management Systems (RMS) Headquarters, Revenue in Hotel Revenue Management Systems (RMS) Business (2017-2022) & (US$ Million) Type
4.3.1 Global Hotel Revenue Management Systems (RMS) Headquarters and Area Served
4.3.2 Global Hotel Revenue Management Systems (RMS) Companies Revenue in Hotel Revenue Management Systems (RMS) Business (2017-2022) & (US$ Million) Type
4.3.3 Date of International Companies Enter into Hotel Revenue Management Systems (RMS) Market
Summary: Get latest Market Research Reports on Hotel Revenue Management Systems. Industry analysis & Market Report on Hotel Revenue Management Systems is a syndicated market report, published as Global and United States Hotel Revenue Management Systems (RMS) Market Report & Forecast 2022-2028. It is complete Research Study and Industry Analysis of Hotel Revenue Management Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.