Key Data and eviivo announce data analytics partnership
UK: Benchmarking and data analytics provider, Key Data Dashboard, has announced a partnership with property and booking management platform, eviivo, to enhance data analytics for vacation rental property managers.
The partnership enables eviivo’s property managers with cutting-edge tools to optimise their operations, improve revenue management, and gain deeper insights into market trends.
As part of the integration, property booking data from eviivo will now seamlessly integrate with Key Data Dashboard, allowing users to access and analyse their data without manual uploads. They will benefit from real-time syncing, ensuring that all metrics and analytics reflect the most current information.
Advanced analytics tools and reporting will provide a more comprehensive overview of property performance, including occupancy rates, average daily rates [ADRs] and revenue per available room [RevPAR], while users can generate customisable reports tailored to specific needs, helping property managers make informed decisions based on accurate data.
Property managers will be able to compare property performance against local and regional competitors with detailed benchmarking tools, while the integration will enable better trend identification and pricing adjustment and marketing strategies to stay ahead of the competition. By leveraging data-driven insights, users can develop pricing strategies that maximise revenue and occupancy and they can predict future demand and optimise booking windows too by utilising advanced forecasting tools.
The combined platform is designed to offer an intuitive and user-friendly interface, making it easy for property managers to navigate and utilise the extensive features available. Meanwhile, customisable alerts can be set up to notify managers of significant changes in market conditions or property performance.
An eviivo statement said: “Our partnership with Key Data Dashboard marks a significant milestone in our mission to empower property managers with the tools they need to succeed. By integrating Key Data’s powerful analytics with our comprehensive property management software, we are offering our users unparalleled insights and competitive advantages.”
Sally Henry, vice president of business development at Key Data, said: “We are delighted to partner with eviivo. We understand how powerful accurate, trustworthy data is to property management companies. Through our integration with eviivo, their clients can now access market benchmarking data in addition to getting access to a wealth of business intelligence tools via the Key Data Dashboard.
“Having access to these clear data points will help property managers successfully navigate the season ahead and we’re very much looking forward to working with eviivo’s property management companies,” she added.
