LiveRez.com, a cloud-based vacation rental
software solution provider, has signed a distribution agreement with Pegasus Solutions and the Vacation Rental Managers Association (VRMA) that will allow LiveRez.com to
integrate with the forthcoming Vacation Rental Switch (VRS).
This integration will
give LiveRez.com's more than 600 professional vacation rental manager partners
the ability to seamlessly list their properties in real time on the VRS, a
major distribution tool capable
of allowing travelers worldwide to find and book professionally managed
vacation rental properties online.
"LiveRez is excited to
give our partners access to the broad distribution opportunities the VRS will
provide,” said Tracy Lotz, founder and CEO of LiveRez.com. "As LiveRez has
grown over the years, we’ve had multiple distribution opportunities, but
distribution through the VRS is the perfect fit for our partner base. The VRS ensures
each of our partners’ individual brands will be highlighted since it is also governed
by the world’s largest association of professional vacation rental managers.”
The VRMA has been
working with Pegasus Solutions since late 2011. Pegasus initially brought
global distribution to hotels in 1989 with UltraSwitch, which now powers
reservations for nearly 100,000 global hotels. Pegasus and VRMA committed to
build a distribution solution for the professionally managed vacation rental
industry at VRMA’s
2011 Annual Conference. The VRS will allow
vacation rental software companies to integrate into Pegasus’ switch
technology, which will facilitate real-time online booking, payment processing
and calendar integration across multiple online channels.
As the VRS nears
launch, LiveRez.com is the first property management software company to sign
on to participate.
"We process in excess
of six billion shopping requests for hotels every month, so we understand how
the VRS will facilitate vacation rental distribution,” said Mike Montemurro,
senior vice president, product management for Pegasus Solutions. "The industry
has a real need for a tool to enable vacation rental management companies to
reach millions of consumers who utilize online travel sites to shop for travel
accommodations. The VRS will provide these sites with real-time access to rates
and online reservations for thousands of vacation rental properties. By pioneering
a VRS connection, LiveRez.com’s vacation rental management company partners will
be able to automatically update their rates and property availability on the
VRS through the LiveRez.com software, ensuring exposure and wide availability
with little or no extra work.”
According to VRMA
President Steve Trover, the VRS will allow professional property managers to list
and rent vacation properties through channels like online travel agencies,
listing websites and local chambers, among others – while maintaining each
property management company’s individual brand. He anticipates the VRS will go
live this summer in a beta test on the VRMA’s own consumer website, DiscoverVacationHomes.com.
"Building the VRS has
been one of VRMA’s top priorities over the past few years,” Trover said. "Now
that we’re nearing launch, I’m excited to see LiveRez jumping on board so
quickly.”
LiveRez.com’s
integration with the VRS further strengthens its relationship with the VRMA.
LiveRez.com has been the software gold sponsor of the VRMA for the past two
years.