AltoVita launches Alto360: Harnessing predictive data intelligence for strategic extended stay management

Alto360, powered by AltoVita, leverages real-time data for precise accommodation cost forecasting, aiding global mobility and business travel managers in strategic planning and decision-making for extended stays worldwide.

The article AltoVita launches Alto360: Harnessing predictive data intelligence for strategic extended stay management first appeared in TravelDailyNews International.

LONDON, UK – In the dynamic realm of business travel and global mobility, the ability to forecast accommodation costs accurately and efficiently is crucial. Enter Alto360, AltoVita‘s innovative platform that transforms real-time data intelligence into strategic foresight. This advanced tool empowers business travel and global mobility managers to benchmark against their own policies,or, against robust market data and tailor corporate buaccommodation strategies for locations worldwide.

Precision in Prediction in Extended Stay Market

Alto360 stands out with its focus on predictive data intelligence specifically designed for the extended stay market. This platform distinguishes itself through a commitment to accuracy and transparency, offering more than just predictions – it provides a reliable foundation for decision-making.

Alto360 evaluates several factors including

• Historical rates from AltoVita’s database βθβθσ
• Future rates and occupancy levels from multiple integrations with channel managers, Property Management Systems (PMS), and Online Travel Agencies (OTAs) that AltoVita supports and constantly expanding
• Market events
• Size of dataset

All these factors, each having their own weight in evaluation, are powered by AI that ensures that the insights you receive are not only precise but also actionable, enabling optimal decision-making for corporate accommodation planning.

Key Benefits of Adopting Alto360

• Proactive Decision-Making: Receive a detailed analysis of forecasted Average Daily Rates (ADRs) filtering either by location, length of stay, property type, travel dates, business line or by multi-selecting empowering you to make well-informed decisions ahead of time.
• Comparative Data Analysis: Utilise historical data to

  • Track historical key performance data like total spent, budget savings, Average Daily Rates (ADRs), lead times, bookings, cancellations, conversion rates and even more data points with a possibility to delve into details by filtering them by country, region, location, property type, unit type, different business lines and also travel programmes.

  • Compare current Average Daily Rates (ADRs) and budget projections providing a clear perspective on financial planning and performance.

  • Compare current daily rates against occupancy and market ADRs giving more insights about the current market situation.

• Transparent Cost Management: Benefit from real-time insights that facilitate optimal budget utilisation, ensuring the any organisation manages its financial resources effectively.
• RFP support tool for optimal efficiency: Streamline RFP process by eliminating manual data collection and analysis. Utilise a structured data snapshot and a unified exported template to save crucial resources and time, allowing for focus on strategic tasks.
• Seamless Data Integration: Enjoy the ease of exporting data for further analysis or efficient sharing with stakeholders, enhancing collaboration and transparency.

Alto360 will be officially launched in 2025.

The article AltoVita launches Alto360: Harnessing predictive data intelligence for strategic extended stay management first appeared in TravelDailyNews International.