HRI Hospitality Adopts Knowland’s Portfolio Seize — LODGING


ARLINGTON, Virginia—Knowland introduced that HRI Hospitality (HRIH) followed Knowland’s Portfolio Seize following a trying out length. The product is a supplement to the Knowland platform and used to be designed to supply a complete, unified view of conferences and occasions industry efficiency throughout a whole portfolio.

At a time of drive on hospitality ROI, resort possession and control teams will have to know the way a belongings contributes to the portfolio’s general efficiency. Portfolio Seize permits for roll-up reporting and benchmarking.

  • Evaluating portfolio houses: The platform permits asset managers and possession teams to benchmark houses of their portfolios towards every different, make funding selections, view aggressive efficiency, and determine gross sales alternatives.
  • Standardized KPIs for every portfolio belongings relative to its aggressive set and marketplace: Portfolio houses can also be in comparison towards aggressive units and running markets, giving context to present and previous efficiency.

Chad Goodnough, senior vice chairman, gross sales and advertising, HRIH, stated, “The use of Portfolio Seize permits our crew to look each person and portfolio information for the assembly, crew, and tournament marketplace. Gaining access to the important thing efficiency signs has higher potency and ensured the precise promoting methods, leading to a measurable certain have an effect on on resort revenues and marketplace percentage.”

Patricia Shea, vice chairman, gross sales and buyer good fortune, Knowland, stated, “Portfolio managers desire a easy, rapid strategy to perceive their relative marketplace efficiency and the movements had to fortify ROI. We’re overjoyed to have HRI Hospitality be one of the most first control firms to enjoy this leading edge resolution whilst leveraging the facility of knowledge to realize perception into their portfolio.”



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