Today’s successful airports are increasingly focused on the efficient management of their property and real estate interests. Not only does Property represent a significant asset to airports but it is being relied upon more than ever as an important source of revenue. The Airport 20/20 Property Management System provides airports with the tools to efficiently manage the airports’ property interests with features designed to streamline Agreement Management, Reporting and Statistical analysis, as well as Billing and Invoicing. Airport 20/20 provides the information airports need to make important property related business decisions.
Airport 20/20 supports the management of all property agreements, leases, licences and concessions and includes comprehensive tracking of all property, tenant and charge categories. Sophisticated recording of property related activities and transactions provides a 360 degree view and history of an airport’s property related assets.
Reporting and statistics tools can display information for this year versus last year, as well as versus budget, and property performance can be monitored by profits and revenues generated per square foot or meter. Full information is available to airports by Tenant/Client; Property; Lease/Licence/Concession; On contract expiration, renewals, rent reviews, and deposits/bonds.
Airport 20/20’s integrated Billing solution’s billing and invoice generation for all property related requirements is completed with ease.
As airport shareholders’ and owners’ demands grow, non-aeronautical related income is becoming increasingly important for airports. This Airport 20/20 module helps airports to manage their rental, lease, licence and concession related interests.
- Improved accuracy of non-flight related income streams
- Minimises the risk associated with insurance coverage and security deposits
- Automation of routine and repetitive property management related tasks
- Comprehensive reporting to property revenues and budgets
- Full integration with other Airport 20/20 systems including Billing and AODB.