Specifically designed for the unique challenges of condominium hotels, CondotelWare has established itself as the industry leader by providing exactly what you need to operate a successful condo-hotel property.
Owner Accounting and Revenue Distribution
Managing owners along with hotel guests can create a level of complexity that could pose risks for those who are unprepared. CondotelWare provides the necessary critical systems so you can hit the ground running with confidence. It provides the features you need such as fee allocations, revenue tracking and distribution, tax reporting, owner statements, and securities adherence.
CondotelWare can also interface with your existing accounting system to seamlessly transfer owner account information behind the scenes.
Rental Programs with Rotation Rules
The success of any condo-hotel property depends on a comprehensive rental program that includes fair and accurate rotation rules, revenue distribution, room prioritization, contract renewal terms, and precise reporting.
CondotelWare is the only tool you need to effectively manage your rental program and rotation rules.
Owner Reservation & Usage Rights
Tracking owner reservations and managing usage rights is a vital function at a condo-hotel property. CondotelWare administers your reservation rules, tracks contracted usage, and provides the means for superior customer service.
Everything about the reservation that is important to your resort is summarized on the reservation screen and further detail is always just a click away.
Furniture, Fixtures, and Equipment Management
Furniture, fixtures, and equipment takes on a whole new meaning when it involves condo-hotel ownership. CondotelWare has approached this by specifically designing FF&E functionality to manage reserves, track maintenance repairs along with accrued labor charges, and set replacement criteria. Your can also track the performance of your maintenance work for profitability.
Owner Relations Management (ORM)
Owner relations management (ORM) is a critical component of a successful loyalty program. Understanding your owners' priorities and interests will help you create effective communication to better service them. CondotelWare is designed with a build-in ORM infrastructure so you can leverage all of your owner data to get the most out of your marketing and promotional efforts and have a tool that provides the ability to achieve high standards of customer service.
Performance Metrics & Reporting
Three of the key drivers to enhance condo-hotel performance are: 1) knowing where you stand, 2) understanding what must be improved, and 3) having the ability to make those improvements. CondotelWare provides you with all three.
Real power is the ability to easily and accurately report on any and all data in your system. CondotelWare's state-of-the-art functionality allows you to identify, isolate, and report on the metrics you need to manage your property's performance. CondotelWare keeps you in control.
Interface to Existing Property Management Systems
CondotelWare is designed to seamlessly interface with existing property management systems, making it easy to add condo-hotel functionality without having to change your current system. We do the work behind the scenes so you can concentrate on running our condo-hotel with confidence.
CondotelWare. It's easy... It works... It's what you need.
