Hotel and Hospitality Management Software Market Growth, Overview 2023-2028
The latest research study " Hotel and Hospitality Management Software Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 " by IMARC Group, finds that the global hotel and hospitality management software market size reached US$ 3.34 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.64 Billion by 2028, exhibiting a growth rate (CAGR) of 5.54% during 2023-2028. What is Hotel and hospitality management software? Hotel and hospitality management software represents a system that is used to simplify various hotel and hotel-based recreational operations with the help of automation. It assists hotel staff in managing properties and handling equipment, legality, and maintenance all within the framework of a centralized system. This software generally comprises reservations, front-office, back-office, housekeeping, guest check-in and check-out, point-of-sale transactions, billing operations, etc. It improves the exp