Since 2014, the UK-based hospitality start-up Smart Space Strategy has offered dynamic data analysis to restaurants, conference centres and other parts of the hospitality industry.
Their cloud-based data analytics and strategy tools help companies improve their strategic decision-making and increase revenue through a better understanding of the various business figures that accumulate each day. These numbers can include meeting space utilisation, enquiry trends and business pace (product take-up).
The company’s application, which creates Demand Analytics, Selling Strategy and Performance Measurement models, is sold on a subscription basis to hotels and conference venues, with nine tools for users to manage their future business strategies.