Matterport’s 3D Property Marketing Solution Elevates Hospitality and Guest Experiences For The Ivy Collection

Rhea-AI Summary

The Ivy Collection (MTTR) partners with Matterport to enhance customer experience and streamline event planning with 3D digital twin technology

Insights

Market Research Analyst

The integration of Matterport's 3D digital twin technology by The Ivy Collection is a strategic move that aligns with the broader trend of digital transformation within the hospitality industry. The use of virtual previews for private dining spaces is a response to the increasing consumer demand for personalized and convenient planning experiences. By digitizing 50 private dining rooms, The Ivy Collection is able to streamline the event planning process, potentially leading to higher customer satisfaction and retention rates.

From a market perspective, this adoption of innovative technology can enhance The Ivy Collection's competitive edge, making it more attractive to tech-savvy consumers and event planners. This could result in increased bookings and revenue growth for the brand. Additionally, Matterport may see a rise in demand for its Property Marketing solutions from similar businesses recognizing the benefits showcased in this case study.

Hospitality Technology Expert

Implementing Matterport's 3D digital twin technology represents a significant advancement in how hospitality businesses like The Ivy Collection manage their client engagement and marketing strategies. Virtual walk-throughs can reduce operational costs by minimizing the need for physical show-rounds and travel, which is not only cost-effective but also environmentally friendly. This technological adoption could set a precedent for other players in the industry, potentially leading to a widespread shift towards virtual client servicing.

However, it is crucial to monitor the return on investment for such technologies, as the initial setup costs and ongoing maintenance must be balanced against the tangible benefits received. The long-term success of this initiative will depend on its ability to consistently attract clients and translate virtual engagements into actual business outcomes.

Financial Analyst

The announcement by Matterport, Inc. regarding its collaboration with The Ivy Collection could impact investor sentiment and Matterport's stock performance. Investors will likely monitor the adoption rate of Matterport's technology in the hospitality sector as a key indicator of the company's growth potential. The case study with The Ivy Collection serves as a tangible success story that Matterport can leverage in its marketing and sales efforts, potentially leading to increased market share and revenue.

For The Ivy Collection, the anticipated efficiency gains and enhanced customer experience might translate into higher profit margins. It is important to evaluate future financial statements to assess the actual impact of this technology on the company's bottom line. Investors should also consider the scalability of such technology solutions and whether Matterport can secure similar deals with other hospitality brands.

Renowned for its unique dining experiences, The Ivy Collection selected Matterport’s industry-leading 3D digital twin technology to transform the way clients preview private dining spaces

SUNNYVALE, Calif., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced that The Ivy Collection, one of the UK’s leading restaurant brands, selected Matterport’s 3D Property Marketing solution to help customers experience its private dining spaces virtually, to streamline event planning, and maximize customer satisfaction.

The Ivy Collection offers exclusive private dining experiences across London, the UK and Ireland, featuring a range of elegant rooms capable of accommodating intimate gatherings or grand events for over 100 guests. To meet the growing demand for personalized experiences, these private spaces can be customized with bespoke decorations and tailored menus.

As part of the brand revamping its website, The Ivy Collection digitized 50 of its private dining rooms with Matterport’s digital twin technology. This has allowed clients to virtually walk through the space and experience the room as it is, helping set client expectations for those unable to see the venue physically, and increasing trust among clients. This not only enhanced the client experience, but also saved the Ivy Events and Venues Team time, reducing the team’s need for physical show-rounds, cutting travel, and minimizing disruptions.

Matterport’s Property Marketing solution, powered by the company’s digital twin technology, has helped customers in real estate, travel and hospitality to attract more buyers, close faster, and increase bookings. With all-in-one rich media assets produced from a single Matterport digital twin – from 3D experiences to 2D photography, and floor plans – Matterport is a one-stop shop for property marketing needs.

Read the full case study with the Ivy Collection to hear more about how Matterport’s digital twins helped elevate its guest experiences.

To learn about how Matterport’s Digital Twin Platform and Property Marketing solutions can help your properties stand out, visit: https://matterport.com/solutions/property-marketing

About Matterport
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.

©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.                

Media Contact:
press@matterport.com

Investor Contact:
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FAQ

What is the partnership between The Ivy Collection and Matterport about?

The Ivy Collection, a leading restaurant brand, partnered with Matterport to use their 3D Property Marketing solution to allow customers to virtually experience their private dining spaces and streamline event planning.

How many private dining rooms did The Ivy Collection digitize with Matterport's technology?

The Ivy Collection digitized 50 of its private dining rooms with Matterport's digital twin technology.

What are the benefits of using Matterport's digital twin technology for The Ivy Collection?

Matterport's technology allows clients to virtually walk through the private dining spaces, enhancing the client experience, setting client expectations, and saving time for the Ivy Events and Venues Team.

How does Matterport's Property Marketing solution help customers in real estate, travel, and hospitality?

Matterport's Property Marketing solution, powered by their digital twin technology, helps customers attract more buyers, close faster, and increase bookings with rich media assets produced from a single Matterport digital twin.