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Industry News for Vacation Rental Managers

RateCoaster releases dynamic rate tool for the vacation rental industry

RateCoaster releases dynamic rate tool for the vacation rental industry
mm
VRM Intel Staff
May 9, 2014

RateCoaster produces Demand-Driven Pricing that automatically updates suppliers’ management systems and in turn publishes to their own website and channels like Airbnb and Homeaway, generating substantial new revenues for owners, managers and channels.

Seattle, WA and Denver, CO (PRWEB) May 07, 2014 –“At RateCoaster, we are focused on helping the entire Vacation Rental ecosystem perform better,” stated Eric Mason, co founder. RateCoaster analyzes market conditions including demand trends in a particular destination or a specific region then calculates new retail pricing based on those trends. The result is managers and suppliers get the highest rate possible for their highly perishable product while converting a prospect into a coveted guest. “RateCoaster has revolutionized the pricing process for Vacation Rental Managers,” Mason adds.

Jordan Allen, president of Stay Alfred Vacation Rentals stated, “As a vacation rental management company, we had looked for a solution for a long time to help us adjust rates to capture the highest possible rate for our products. Since we implemented RateCoaster, we have generated an extra $150,000 in revenue since December alone. We’ve been blown away by it.”

Micah C. Berg, CEO, RealJoy Vacations, stated, “I absolutely love RateCoaster! It has finally created a way to almost completely automate rate adjustments and rate management. We’ve seen an incredible incremental $400,000 in gross rental income since starting to use RateCoaster in December. It’s the easiest ROI story of any platform we’ve seen.”

RateCoaster has offices located in Seattle, WA and Denver, CO. Mason stated, “RateCoaster has had clients using the platform since December of last year and there are more than 2,000 properties using it today. We’ve already successfully established several interfaces with industry leading Property Management Systems including Bookt/InstaManager, Ciirus, ReservationSoftware,WebChalet and many others following shortly. It’s really a platform developed by the industry, for the industry.”

RateCoaster is led by a group of serial entrepreneurs focused on the development and delivery of business changing solutions and services.

Please visit us at http://www.ratecoaster.com and see what managers are saying. Or call us at 866-570-9973 or email us at sales@ratecoaster.com.

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Industry News for Vacation Rental Managers
May 9, 2014
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VRM Intel Staff

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