Singlepane, the first platform designed exclusively for hotel owners and asset managers to unify portfolio-wide financials and operational workflows, has unveiled AutoAbstract, an integrated AI tool that simplifies and accelerates the review of complex legal agreements, licenses, and permits. The solution is available to clients of Singlepane Contract Management.
AI That Turns Documents Into Actionable Insights
Manually reviewing hotel contracts—franchise agreements, management contracts, and service agreements—can be overwhelming. A typical property may have more than 30 active agreements, each 20+ pages long. AutoAbstract automates this process, allowing users to drag and drop documents for extraction, summarization, and clause abstraction. Users can customize the AI to identify specific fields and clauses, and once approved, the extracted data integrates seamlessly into Singlepane’s Contract Management module.
The result: faster, more accurate contract review, with automatic tracking, key date notifications, and benchmarking capabilities. Asset managers can ensure compliance, uncover hidden value, and streamline partner oversight.
“At a time when AI’s promise can feel overwhelming, AutoAbstract delivers tangible benefits for hotel owners and asset managers,” said Austin Segal, CEO of Singlepane. “It makes a tedious process easier, faster, and more efficient, enabling smarter operational decisions across hotel portfolios.”
Streamlined Workflows Across the Board
Singlepane Contract Management automates:
- Centralized tracking of agreements, leases, licenses, and permits
- Summarization of key dates, terms, and legal clauses
- Automated alerts for critical dates and milestones
- Side-by-side benchmarking for renewals and negotiations
- Simplified transaction due diligence, including assignability, termination rights, and encumbrance checks
Since its launch, Singlepane has quickly become a trusted platform for hotel owners and asset managers. Nearly 20 leading groups, including DiamondRock Hospitality and KHP Capital Partners, rely on Singlepane to unify general ledger-level financials, forecasts, budgets, proformas, and asset workflows—all within a USALI-compliant, single-pane-of-glass interface.
By consolidating disconnected systems, spreadsheets, and reports, Singlepane empowers asset managers to make faster, smarter, and more profitable decisions across their portfolios. AutoAbstract adds another layer of efficiency, transforming contract review from a time-consuming chore into an automated, insight-driven process.
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