October 10, 2019
Santa Rosa Beach, Fla.: Avantio, Europe’s leading vacation rental management system, has announced its partnership with Key Data Dashboard (KDD), the vacation rental industry’s leading business intelligence (BI) and data visualization company.
The partnership constitutes a pairing of two preeminent vacation rental management technologies.
Avantio is currently the largest property management system throughout Europe, representing 90% of the industry’s market share on the continent and in the U.K. In recent months, the company has firmly established itself in the U.S. VRMS market.
The partnership with Key Data means Avantio clients will now have access to KDD’s real-time benchmarking tools and electronic data integrations, revealing how each company’s performance compares to that of competitors in their respective local and regional markets. The partnership also offers Avantio clients access to the entire suite of KDD’s state-of-the-art revenue management tools, featuring views of 20-plus KPIs.
“We are excited to partner with the extraordinary team at Avantio. Property managers throughout Europe will now be able to see how their core metrics – including ADR, available occupancy and RevPAR – stack up against local competitors. The data is updated every few hours, which means it’s always current. Since the data exchange is electronically and directly integrated, it’s 100% accurate.”
“The partnership represents a huge step forward for Avantio clients in a number of other meaningful ways. Clients will no longer have to ‘pull data together’ from various sources, or rely on competitor scraped data, which is famously flawed. Producing owner reports and competitor benchmarking reports will take seconds instead of hours,” added Sprenkle.
¨We are excited to offer such a complete revenue management tool to our clients, which will empower them to take strategic decisions based on data and therefore increase their ROI. With the full integration via the Avantio PMS (VRMS), Key Data has the necessary data to show real-time analytics to our clients within their dashboard, so they can easily interpret the information.”