What is Motel Software Market?
Motel Software are similar to that of hotel management software. This allows streaming of operations, higher efficiency and easy accessibility of services both for hoteliers and the customers. This software automate many complex paper tasks, such as booking/reservation, billing, revenue management, etc. Moreover they even allow for building automation management solutions, security systems management solutions, etc. The rise of tourism worldwide has led to huge growth of Motel Industry, specifically the growth of Highways as Motels were generally known as Motor Lodge due to their use primarily by motorists. The Growth of Trucking and land based truck has also resulted in increase of the motel market which has indirectly benefitted the motel software market. Geographically, North America is the biggest market for Motel Software.
The market study is being classified, by Application (Motel Operation Management, Building Automation System, Guest Reservation System, Security System Management and Others) and major geographies with country level break-up.
RMS Cloud (Australia), Digital Arbitrage Inc. (United States), innRoad, Inc. (United States), eZee Technosys Pvt. Ltd. (India), ASG Technologies (United States), WebRezPro (Canada), InnQuest (United States), Infor Inc. (United States), NSight Inc. (United States) and SiteMinder Ltd. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Ibelsa GmbH (Germany), OwlTing (Taiwan) and Protel hotel software GmbH (Germany).
Segment Analysis
Analyst at AMA have segmented the market study of Global Motel Software market by Type, Application and Region.
On the basis of geography, the market of Motel Software 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
- Surge in the Tourism Industry
- Expansion of Vast Network of Highways
- Increase in Disposable Income
- Corporate and Business Travel has also Increased
Market Trend
- Motels being converted into Quarantine Centres for Travellers
Restraints
- Covid has resulted in Travelling Restraints
Opportunities
- Provide Better Servicing and Lower Costs than Hotels has Created Growth Opportunities
Challenges
- Competition from Hotels and Rental Homestay Services
- Managing the Covid Protocols in Recent Times
Market Leaders and some development strategies
In 2020, ASG Technologies, one of the market innovators in management services across the business lines has announced acquisition of ProfitSword, which is a business analytics and hotel property operations software. The acquisition will enable ASG to strengthen its Hospitality Technologies Solutions.
In 2020, RMS Cloud, one of the market leaders in hospitality management software arena has announced strategic partnership with D-EDGE Hospitality Solutions. D-EDGE offers unique cloud based e-commerce services. The two companies have integrated their software, this offers high operational efficiency for the hoteliers and providers easy rating, availability and reservation management systems.
Key Target Audience
Motel Software Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries