Hospitality software company Actabl has unveiled ProfitOwner, a hotel business intelligence platform designed to grant hotel ownership groups real-time, standardised data across their properties.
This platform aims to streamline the decision-making process for hotel owners by offering direct access to consistent and structured insights, regardless of the brand or management company involved.
Hotel proprietors, who have traditionally depended on third-party management companies for performance data, often face delays and inconsistencies in reporting.
ProfitOwner addresses these challenges by providing a unified dashboard with clear reporting, thus empowering owners with immediate access to their data and aiding management companies by simplifying reporting processes and fostering trust and transparency.
The solution’s dashboard displays standardised performance data in real time, enabling owners to promptly compare key metrics such as ADR, RevPAR, and labour costs across all locations, identify discrepancies, and quickly make informed decisions.
Actabl sales senior vice-president Lindsey Goedeker said: “With ProfitOwner, we’re enabling owners to take control of their data by giving direct, real-time visibility with standardised data across their entire portfolio.
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By GlobalData“By eliminating the reporting burdens they’ve traditionally relied on, we’re empowering owners with the tools they need to make more informed decisions quickly, shifting from reactive to proactive. This level of transparency and speed is what modern hotel ownership demands.”
The integration of ProfitOwner with Actabl’s existing business intelligence solution, ProfitSword, facilitates swift implementation and access to uniform data for an entire portfolio.
Even for groups whose management companies do not use ProfitSword, ProfitOwner remains accessible, with added benefits for those already using the integrated solution.
Actabl’s admin services ensure accurate data mapping, allowing ownership groups to confidently utilise ProfitOwner from the outset.
The platform’s self-service dashboards enable teams to monitor financial performance, compare properties, and respond to trends swiftly.
Moreover, ProfitOwner enhances data security by limiting access to transactional systems and reducing reporting time. This enables quicker, more informed decision-making based on daily insights.
Actabl said that management companies also benefit from this centralised approach, as it minimises the need for custom reporting and safeguards operational data.
This results in time savings for finance and operations teams while ownership groups gain a consistent, current view of their portfolio’s performance, maintaining internal workflows and increasing transparency.
