Concessionaire Analyzer+ (CA+), a software program to assist airport stakeholders with non-aeronautical revenue management, has extended its property management functionality to include Space Management.
The new Space Management capabilities complement the already available Contract and Property management module within CA+, which enables airports to input commercial contract details into the solution and manage their properties and spaces from within, automatically calculating revenues due through rents, revenue shares, minimum guarantees, any additional charges and utilities consumption.
John de Giorgio, CEO, CA+, said, “It gives property managers the ability to visualize which spaces will soon be available for rent. This allows better space optimization and the leasing of spaces without having to browse through separate contracts.”
The graphical representation uses color to help commercial teams and property managers identify the status of commercial spaces within the airport. Red is used for rented spaces while green is used for those available. With contracts, placed on a timeline, airports can easily see which spaces are soon to be available and can work on getting those occupied.
The Space Manager not only incorporates retail and food and beverage commercial spaces but also all areas that provide a source of non-aeronautical revenue to the airport, including pop-up areas, car parks, office spaces, stores and hangars.
The system automatically pulls the data from contracts already in the system, requiring no further manual intervention. With this functionality in hand, CA+ increases the level of automation available to airport commercial teams, reducing the manual work that is typical within many airport environments.