Property Manager Tools (PMT) – the originator, and still the leader, in automated quote response technology with SmartResponse™ – has launched the next generation of advanced rate intelligence. Named RateChaser™, it enables PMs, VRMs and owners to maximize their revenues.
A comprehensive overview of your market’s rate and occupancy levels is vital to the success of your vacation rental revenue strategy. RateChaser™ has one of the most advanced rate shopping systems, offering reliable rate intelligence technology for any market in the world.
Robert Simmons, Co-Founder, Marketing Director, states “RateChaser™ takes Yield Management to another level. Everyone shops competitive rates – and they do that manually. And now that booking engines use dynamic pricing, rates are consistently changing. You can’t afford to set your listing rates once and walk away. As experts in automating manual processes, PMT’s developers have created a service that automates rate shopping. And we’ve added competitive occupancy level reporting to the service as well. With the emergence of ‘Book Now’ buttons and ‘low to high’ sorting options on the major listing sites, your property will only get one shot to offer a competitive rate or lose the prospect to another listing. This service will be essential for vacation rental managers and owners alike.”
According to Doug Rein, Co-Founder and Technology Lead, “There is a limit to how much data you can analyze by hand. It’s risky to make pricing decisions based on limited data. Our servers capture the whole market at once. The single report option lets you choose just those areas you want in your report – often down to specific resorts. Then, on your own timeline, you can purchase a fresh report for the latest data. We also offer a Professional version on a monthly subscription, providing continually updated data, rate change notifications and the ability to target specific units. ”
This robust tool will be the preferred choice of revenue managers, general managers and individual rent by owners worldwide because it can be used as a standalone service. There is no need to use a specific booking engine or PMS to receive the benefits of the service.
For more information and to sign up for a $19.95 competitive rate and occupancy level report for your market using RateChaser™, click this link to learn more RateChaser™