Singlepane, a pioneering technology provider catering to hotel ownership and investment, has launched its first ever asset management software. Designed exclusively for hotel owners, this platform streamlines financial tracking, contract management, and debt service monitoring, transforming traditional asset management.
For the Evolving Hotel Asset Management
Originally known for its business intelligence (BI) solution, Singlepane has helped ownership groups including private equity firms and public REITs gain an elaborate financial insight. By aggregating and normalising GL-level financial statements, forecasts, budgets, and proformas, the platform enables comparative analysis and data-driven decision-making.
Beyond BI, Singlepane integrates industry-leading tools across revenue management, commercial strategy, and labour management, optimising both operational efficiency and profitability.
New Key Features
Singlepane expands its functionality with three game-changing modules:
Capital Expenditure Tracking & Approval
- Streamlines budgeting processes
- Manages approvals efficiently
Contract Management Solution
- Centralised tracking for key agreements
- Automatic reminders and abstracting tools
- Clause Library for managing contracts
Debt Service Tracking
- Advanced loan tracking and reporting
- Ensures compliance with loan covenants
A Platform Built for Owners, Not Just Operators
Austin Segal, CEO of Singlepane, notes that traditional hotel software primarily serves operators and management companies, leaving owners to navigate asset management manually. Singlepane fills this gap, offering an all-in-one toolkit that simplifies complex processes while developing capabilities for the entire investment cycle from acquisition to disposition.
Real-World Impact
Early users are already benefiting. One client reported a 30% reduction in analyst labour and data entry, allowing them to redeploy efforts towards proactive strategy.
With these advancements, Singlepane aims to redefine asset management, making hotel ownership smarter, more efficient, and more profitable.
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