How RealJoy Vacations Accelerated Their Strategic Decisions Process With The All-New Key Data

Facing a crowded local vacation rental market, RealJoy Vacations understands the importance of smart pricing decisions in order to maximize revenue, keep owners happy, and beat the competition. With the All-New Key Data, they aimed to compare the performance of their units versus competitive units in their market so they could make fast, strategic decisions to grow their business.

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Challenges

Before accessing the All-New Key Data, RealJoy Vacations faced several challenges, including:

• A need to view lots of reports and dashboards across multiple tabs in order to get the insights they needed
• The need for a streamlined view of data for different job roles and stakeholders within the organization
• Time and market constraints that created a need to find the right insights and implement changes fast

With a highly competitive marketplace and ever-changing rental landscape, RealJoy Vacations recognized the need for a clear, efficient view of the market - and their own portfolio - to stay ahead. They turned to the All-New Key Data to help.

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Solution

Already a legacy Key Data partner, RealJoy switched to the All-New Key Data to get the right answers they needed more quickly and efficiently. Built from the ground up, the All-New Key Data streamlined their business by:

• Providing a single, flexible dashboard for all reports and metrics that could be customized by job role, region, season, and more
• Comparing multiple metrics (like occupancy or RevPAR) or date ranges in one location for a straightforward look at performance shifts
• Making it easier to identify changes in market conditions and long-term trends with the ability to move and resize reports
• Delivering an AI Assistant to help navigate the new reporting

RealJoy Vacations was among the first to implement the All-New Key Data in order to drive faster results. Thanks to Key Data’s new flexibility, RealJoy compared their current performance to the previous year as well as the current market in one streamlined dashboard. With an understanding of their position, they could quickly adjust rates to maximize Occupancy and utilize a more strategic approach to decision-making.

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“It's made it so much easier to spot trends, either good or bad trends just by looking in my sections on my dashboards that I created.” - Meagan Travis

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Results

By utilizing the enhanced speed and streamlined functionality of the All-New Key Data, RealJoy Vacations experienced some incredible improvements. They personalized their dashboard with everything they needed to view performance in one place, dividing their properties by region and organizing the reports for quick comparison. By spotting trends without jumping between tabs, RealJoy Vacations could identify areas of concern with their rate strategy and switch courses. They also noticed a significant increase in efficiency by having all the reports they needed at a glance and faster speeds within their dashboard.

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“It’s so organized! It saves me so much time to be able to just pull up my dashboard that has all the reports that I use on a daily basis.” - Meagan Travis