Escapia, the online vacation rental software company where I serve as Chairman, just launched a very cool new thing -- the first dynamic pricing engine for the vacation rental industry.
More information in the press release from Escapia Inc.:
SEATTLE – July 1, 2008 – Escapia Inc., the leader in web-based marketing and management solutions for professionally managed vacation rentals, announced the launch of the first ever fully integrated dynamic pricing engine for the vacation rental industry. This breakthrough program provides property managers with a simple but powerful way to promote and book open inventory and allows consumers to take advantage of last minute deals on vacation homes which can be booked online at Escapia’s consumer vacation rental web site, www.ClearStay.com.
Vacation Rental Managers: Maximize Booking Revenue
The new dynamic pricing tool is fully integrated into Escapia’s leading web hosted software suite, EscapiaONE™. Managers now simply set their discount level based on lead-times once, and EscapiaONE software does the rest. Vacation rental managers providing discounts for last-minute bookings of their homes receive prominent placement on ClearStay.com.
Travelers: Great Deals on Vacation Rentals
With the launch of the new program, ClearStay.com now offers travelers great deals on vacation homes.
Vacation homes generally offer consumers tremendous value compared to hotels. Now, consumers booking their vacation homes on ClearStay.com have an opportunity to get an even better deal if they book their trip close to their travel date. Discounts of up to 30% can now be achieved over and above what is already a tremendous value for vacation accommodations.
For example travelers visiting ClearStay.com can book vacation homes in the Colorado Mountains for 30% off, homes and condominiums in Hawaii for 25% off, homes in Oregon for 15% off and beachfront homes in Florida for 25% off of the normal rate.
”We are delighted to offer property managers a way to bring in more revenue and more bookings through our fully integrated dynamic pricing offering. We are also confident consumers will be excited to receive significant savings on their vacation lodging. This is a win-win situation for property managers and consumers, alike,” said Escapia and ClearStay CEO Bill Furlong.
The launch of the integrated dynamic pricing engine is just one part of ClearStay.com’s commitment to giving consumers an online destination where they can easily find, choose, and book vacation rentals they can trust.
1. All homes on ClearStay.com are managed by professional vacation rental managers committed to providing guests with a great vacation.
2. First ever fully integrated dynamic pricing engine which allows consumers last minute deals and property managers a way to further monetize open inventory
3. Ratings and reviews on thousands of homes let travelers get feedback from past guests before they book.
4. Availability calendars on ClearStay.com are automatically updated with up-to-the-second accuracy.
5. ClearStay.com gives travelers exact rate quotes on the total cost of the rental without calling or sending an email.
6. Online booking on ClearStay.com is reliable, safe, secure and available 24 hours a day.
This is a fantastic service. The ability to have prominent listings for "discounted" last minute rentals has helped to keep some property owners in the black over this current economic recession. People are demanding more value for their vacation rental dollar and most rental owners are willing to accept "some cash" rather then leaving the property empty.
Definitely a win/win situation.
Posted by: Joanne@ Dominican Republic Real Estate | November 18, 2009 at 01:10 PM