Revolutionizing Hotel Market Insights with Hummingbird
Kalibri Launches Hummingbird Market to Improve Hotel Insights
Kalibri has unveiled its innovative platform, Hummingbird Market, aimed at enhancing hotel market intelligence. This advanced solution empowers hotel owners, operators, developers, and investors to make informed decisions in an increasingly intricate hospitality landscape. Designed for the demands of today's market, the platform offers real-time insights that highlight market dynamics that traditional data tools frequently overlook.
A Unique Approach to Market Intelligence
Unlike conventional methods that provide expensive high-level snapshots, Hummingbird Market is tailored for discovery. It provides clear and actionable insights crucial for making confident investment choices. This is particularly beneficial in a constantly shifting environment where accurate data is key to success.
In-Depth Market Analysis
The platform features highly visual and detailed market intelligence across 334 U.S. markets and 975 submarkets. It offers insights into critical metrics such as occupancy rates, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), rate segmentation, and length-of-stay patterns. Users can quickly gauge market momentum, comprehend demand drivers, and convert performance data into strategic initiatives.
Empowering Decision Making
According to Cindy Estis Green, Co-founder and CEO of Kalibri, the platform delivers an unprecedented level of clarity and context, enabling customers to act with confidence and invest smartly. Early feedback from the industry reflects excitement about the new platform.
Industry Reception
Ryan Battles, Development Lead at Choice Hotels, expressed enthusiasm, stating, "I'm very happy. There is a need for this product that is not out there. Kalibri is very innovative and understands this space better than anyone." This sentiment is echoed by many in the field.
Transformative Features
Moreover, Jeremy Gilston, Vice President at Woodworth Core Group, stated, "The detailed market insights in such a digestible format allow for quick analysis." This tool will significantly aid in preparation for site visits and field inquiries, providing a comprehensive understanding of a market which fosters deeper questions during fieldwork.
Noteworthy Features of Hummingbird Market
Key highlights of Hummingbird Market include:
- Interactive heat map visualization that covers all U.S. markets and submarkets, sortable by location type, chain scale, and class
- A proprietary growth index that enables quick identification of emerging opportunities
- In-depth segmentation analysis, rate category breakdowns, and insights on extended stay performance
- Access to historical and current month performance data to facilitate better resource allocation
Hummingbird Market represents the first innovation in a series aimed at reshaping how the industry identifies, evaluates, and acts on growth opportunities.
About Kalibri
Kalibri is dedicated to advancing the profitability of the hospitality sector through data and technology solutions. As the pioneer of the first Hospitality Profit Platform, Kalibri equips hotels with the intelligence needed to improve cash flow, commercial performance, and asset value, empowering the industry to thrive in a competitive landscape.
Frequently Asked Questions
What is Hummingbird Market?
Hummingbird Market is a hotel market intelligence platform developed by Kalibri to provide real-time insights for data-driven decision-making in the hospitality sector.
How does Hummingbird Market help hotel owners?
The platform offers detailed insights into key market metrics, enabling hotel owners to identify trends, assess performance, and optimize investment strategies.
What features does Hummingbird Market offer?
Notable features include interactive heat map visualizations, a proprietary growth index, and detailed segmentation analysis, all designed to enhance market understanding.
Can Hummingbird Market assist in site visits?
Yes, it provides comprehensive market insights that prepare users for site visits and fieldwork, allowing for informed discussions and deeper inquiries.
Who founded Kalibri?
Kalibri was co-founded by Cindy Estis Green, who is also the CEO, leading the company’s vision to improve profitability in the hospitality industry.
About The Author
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