Introduction of IN-Gauge Metropolitan Benchmarking Card
Introduction of IN-Gauge Metropolitan Benchmarking Card
Announcing the launch of the new IN-Gauge Metropolitan Benchmarking Card, designed to provide property managers with enhanced insights into their property's performance relative to other properties within the same metropolitan region.
Key Features:
- Metropolitan Benchmarking: Property managers can now view the performance of their property against all other properties in the same metropolitan region, enabling them to assess their standing and identify areas for improvement.
- Comparative Analysis: Property managers can understand how their property's Incremental Revenue, Room Upsell Conversion rates, and Length of Stay compare to similar properties in the metropolitan area, helping them gauge the effectiveness of their revenue management strategies and optimize upselling opportunities.
- Performance Alerts: Property managers will receive notifications or alerts if their property's performance significantly deviates from the metropolitan benchmark, allowing them to take immediate corrective actions and stay competitive.
- Customizable Reports: The BI team has developed customizable dashboards and reports for property managers, providing them with a user-friendly interface to access and interpret benchmarking data effortlessly. These reports can be shared with stakeholders and senior management for decision-making purposes.
- Data Integrity and Reliability: The BI team has implemented data validation and quality checks to maintain the integrity and reliability of benchmarking data, ensuring that outliers or errors are promptly identified and addressed.
- Predictive Analytics: The BI team has developed predictive analytics models that can anticipate changes in property performance within metropolitan regions, allowing property managers to proactively adjust strategies and stay ahead of the competition.
- Training and Support: The BI team will provide training and support to property managers on how to interpret and use the benchmarking data effectively, empowering them to make informed decisions and drive performance improvements.
This release represents a significant milestone in our commitment to providing property managers with actionable insights and tools to optimize property performance and drive business success. We look forward to your feedback as we continue to enhance the capabilities of the IN-Gauge Metropolitan Benchmarking Card.