Location tracking may not work very good in this case. The APs can only work on when they see a bluetooth beacon being emitted.
From a quick read it looks like the tile responds to a SmartPhone trying to connect to it. If it sits silent the rest of the time the AP wont see anything.
If it sits there and say only emits a beacone every 30 minutes to conserve power then there would only be a data point every 30 minutes to work with. I don't know how frequently "Tile" emits because unsolicited - it may not do this at all.
So just make sure you have low expectations of the outcome if you go down this path.