Business Intelligence

Simplify and automate data collection and make more accurate decisions with real-time information

Having up-to-date information and data is essential for business development, setting objectives and correcting possible deviations. Having a Business Intelligence tool to measure the performance of actions and act accordingly allows you to optimise results with fewer resources.

What information does a Business Intelligence tool provide?

Big Data integrated in the PMS

Abal MyReports is a powerful Business Intelligence tool natively integrated into the Icnea PMS. This allows the user to access with a single click to updated and real-time information of their geographical area to easily understand the trends and differential characteristics of the sector in their area of operations. In addition, the tool offers a Premium version that adds specific data for each of the user's properties, allowing the user to guide or correct business objectives based on their goals.
Big Data integrated in the PMS

Visualise information in a clear and simple way

Abal MyReports collects, classifies and organises information in a single place, saving the user time and minimising the margin of error in its collection. To facilitate its use, the tool is accessible from any device and fully customisable. The user can create their own dashboards, graphs and data tables so that Abal MyReports shows in each case the data that must be kept under control at any time. Having this information helps managers and owners to improve their analysis capacity, detect opportunities in market trends and improve their competitive advantage by creating a future strategy based on real data.
Visualise information in a clear and simple way

All the data about your area and properties

  • KPI's: occupancy, revenue, average price, RepVAR.
  • Booking Window: see how far in advance guests are booking.
  • Channel Insights: performance and popularity data by sales channel.
  • Comparative summaries by date or period.
  • Compare data for your area with other regions.
  • Booker insights: get to know your customers better with data such as country of arrival, average stay, average number of occupants...
  • Brand reputation: analysis of the reviews received to implement improvements based on the comments.
All the data about your area and properties

FAQs

Business Intelligence tools offer several benefits for vacation rental businesses. For example:
  • Improve understanding of business performance.
  • Having control over revenue, occupancy, RepVAR, performance by channel.
  • Identifying areas for improvement and process optimisation.
  • Anticipation of trends and changes in the market.
  • Knowledge of the competititors.
  • Improve guest experience.

Business Intelligence for vacation rentals is a set of technological tools to collect, store and visualise business data in real time to enable decision making based on advanced data and analysis. In the vacation rental industry, Business Intelligence provides relevant information about bookings, sales channels, occupancy, revenue and other data that allows decisions to be made about pricing, guest satisfaction or performance. With Icnea's software, our customers have at their disposal the Business Intelligence tool Abal MyReports in its free and premium versions.

Business Intelligence tools display data through customised dashboards and control panels so that each user has a centralised and easy-to-interpret view of all the data they need on a day-to-day basis. Having these customised dashboards makes it easier to access the basic information and allows for more accurate performance monitoring.

Using Business Intelligence tools for vacation rentals is important because they help managers to make decisions and set business objectives based on real data and trends. A Business Intelligence tool not only helps to analyse the business, but also the market and competitors to improve competitiveness and profitability.

The cost of a Business Intelligence tool varies depending on the provider. However, in most cases they are offered through subscription models. In Icnea we have the Abal MyReports tool which offers two modalities, a free one and a premium one with a cost that allows access to more functionalities.

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