Atria Concierge: The penultimate amenity.

How AI-Powered Concierge Services Can Boost Your Property's Revenue In the competitive real estate market, maximizing revenue while enhancing tenant satisfaction is paramount. Enter Atria's AI-Powered Concierge Services—a game-changer for property owners looking to transform their buildings into revenue-generating hubs.

Unlock New Revenue Streams

Referral Fees: Imagine a 500-unit building where 20% of tenants use concierge services like cleaning, dog walking, or grocery delivery. At just $10/month per service, you can earn $12,000 annually in referral fees.

Premium Plans:

Offer premium concierge tiers for an additional $25/month. If 6% of your tenants opt in, that's another $15,000/year.

Boost Tenant Retention

Save on Turnover Costs: Reducing tenant move-outs by just 3% in a 500-unit building can save you $75,000 annually. Atria’s concierge services enhance tenant satisfaction, making renewals more likely and costly vacancies less frequent.

Higher Renewal Rates: Satisfied tenants are willing to stay longer and may even accept slight rent increases, further boosting your NOI.

Generate Revenue Through Events and Partnerships

Event Margins: Autonomously host community events like wine tastings or yoga classes. With 400 tickets sold yearly at a $10 margin each, you can add $4,000 to your annual revenue.

Sponsorships and Ads: Partner with local businesses to feature their services in your concierge app. Securing just three sponsors at $1,500/month each can bring in $18,000/year.

Enhance Operational Efficiency and Save Costs

Automate Maintenance Tasks: Atria automates 90% of maintenance requests, saving a 500-unit building $50,000/year in staff hours. This allows your team to focus on high-value interactions that drive further revenue.

Streamlined Operations: With AI handling scheduling chaos and unclear communications, operational costs drop significantly, freeing up resources to invest in revenue-generating initiatives.

Case Study: Proven ROI

Consider a luxury 500-unit property using Atria’s AI Concierge for $60,000/year. By leveraging our concierge services, the property achieved:

$12,000/year from referral fees $15,000/year from premium plans $4,000/year from event margins $18,000/year from sponsorships $50,000/year in operational savings Total ROI: Over $99,000/year—more than $2.6 back for every dollar spent.

Conclusion

Atria’s AI-Powered Concierge Services don’t just simplify living; they transform your property into a thriving, revenue-generating community. By unlocking new income streams, boosting tenant retention, and enhancing operational efficiency, Atria delivers tangible financial benefits that elevate your building’s profitability.

White-Glove Service Meets Modern Technology

Watch our demo video to see how Atria Concierge simplifies move-in.