What is Hospitality Distribution Solution Market?
A hospitality distribution solution helps to increase revenue through greater search traffic visibility and product availability to help conversions, lower costs through insights to optimize operational performance, manage real-time inventory availability against live search demand, monitor distribution channel partners against KPIs and identify and resolve operational issues in a timely fashion to ensure service availability. Hospitality distribution solution helps hoteliers to utilize the available resources most effectively.
The market study is being classified by Type (Software and Service), by Application (Leisure Stay, Business Travel, Holiday Packages, Events and Conferences and Others) and major geographies with country level break-up.
IBM (United States), IBS Software (India), AxisRooms Travel Distribution Pvt. Ltd. (India), Sabre Corporation (United States), Track Hospitality Software, LLC (United States), Oracle Corporation (United States), Shiji Group (China), DerbySoft (United States), eZee Technosys Pvt. Ltd. (India) and Mindtree Ltd (India) are some of the key players profiled in the study.
{ "North America": ["United States", "Canada", "Mexico"] , "South America": ["Brazil", "Argentina", "Rest of South America"], "Europe": ["Germany", "France", "Italy", "United Kingdom", "Netherlands", "Rest of Europe"], "Asia Pacific": ["China", "Japan", "India", "South Korea", "Taiwan", "Australia", "Rest of Asia-Pacific"], "MEA": ["Middle East", "Africa"] } Research Analyst at AMA predicts that United States and Indian Players will contribute to the maximum growth of Global Hospitality Distribution Solution market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Hospitality Distribution Solution market by Type, Application and Region.
On the basis of geography, the market of Hospitality Distribution Solution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Disposable Income of the People
- Technological Advancements in the Hospitality Distribution Solution
Market Trend
- Use of Artificial Intelligence in Hospitality Industry
Restraints
- Strong Dependency of Hotels from Tour Operators
Opportunities
- Growing Demand for Hospitality Distribution Solution from End-users
Challenges
- COVID-19 Pandemic Affects Industry Badly
Key Target Audience
Hospitality Distribution Solution Providers, Emerging Companies, Research Professionals and End-users