Revenue Maximisation

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Revenue Maximised

Airports are not all about flying. Shopping, dining – even parking your car or renting one – are all major parts of the airport experience. Non-aeronautical revenue streams are the biggest airport money makers outside of aviation. It’s no wonder commercial space planning is so critical to an airport’s success.

Discover new insights into commercial operations lifecycle and passengers’ buying behaviors with Veovo. Powered by Concessionaire Analyzer+ technology, Veovo automates the collection and analysis of concession sales data, tenant mix, commercial management and billing, giving commercial managers a single view of all revenue streams down to every sale. Negotiate commercial deals with confidence, prevent revenue leakage and accelerate commercial growth like never before.

Sales Data Collection

Automate the collection of all sales transaction data via one hub, no matter what point of sale system your retailers use. Or collect data by automatically scanning receipts as they print. Make critical business decisions, faster, based on detailed, accurate and timely data. Give concessionaires the tools to analyse their sales data and grow their businesses too.

Real Estate Planning

Location, location, location. When it comes to airport real estate, understanding passenger flow is paramount to increasing retail spending and customer satisfaction. Veovo can help airports make the most out of real estate by connecting space availability with flow and sales performance. Gain insights into the most profitable routes and how to maximise assets for better tenant negotiations that benefit both you and the retailer.

Concession Insights

Pair your transactional sales data with guest and flight information to obtain unprecedented insight into your operations. Compare the spend per passenger on different routes, airlines, product categories, concessions, time of day and location to help your concessionaires boost sales. Or, use the data to make operational decisions around flight allocations to truly maximize opportunities for passenger spend.

Revenue Calculation and Billing

Calculating revenue per concessionaire transaction can be tricky without the data to back it up. Veovo can help. It automatically determines the revenue per transaction for every contracted agreement, allowing airports to bill with confidence. Invoice concessionaires directly or connect to an ERP system to consolidate your invoicing.

Commercial Contract Management

Managing multiple commercial contracts across an airport can be incredibly complex. Save time and simplify the management of your contracts and billing with Veovo. With a single view of all contracted rights and obligations, cash flow, profitability and risks are visible at a glance. Automatically calculate rent, revenue shares, minimum guarantees and consumable services for faster, more accurate insights into financials.

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