Yield Management with Escapia's Advanced Rate Engine
A first for the vacation rental industry Escapia’s Advanced Rate Management Engine allows property managers to adjust rates automatically according to changing business conditions to maximize revenue and occupancy. Now you can eliminate manual effort and guesswork in setting and automating rates, last minute deals, Saturday to Saturday stays, discounts based on the length of stay, and other vacation rental services to improve your profitability. Watch the video below to learn more about how Escapia clients are using the Advanced Rate Engine in their vacation rental businesses.
Client Testimonials on Yield Management Using Escapia's Advanced Rate Engine
Escapia Advanced Rate Engine is the next generation tool allowing property managers to simplify and automate the entry and ongoing management of rates, while providing powerful features including creative pricing, yield management, automation of special holiday rates, and powerful rate verification tools.
Automatic Online Distribution
As property managers expand their connectivity to the web world, it is ever more important to have flexibility and control in setting pricing and booking policies. Escapia offers a systematic approach and automates the process of adjusting rates based on changing business conditions, and is completely integrated with EscapiaNET, so rates are automatically updated on all online partner sites in real time.
Powerful Features
- Complete control of minimum and maximum length of stay, as well as stay start/end day-of-week by season or specific dates on a per-unit basis.
- Simplified configuration of rate transition thresholds when going from daily to weekly to monthly rates based on length of stay.
- Automatic application of all holiday rate increases without splitting the base rates around the holiday seasons.
- Easy creation of specials or discount plans.
- Pet charges can become part of the rent calculation and passed to unit owners.
- Bulk rate entry process - when a set of rules related to a season applies to multiple units.
- Pricing plans can be classified as “test” during creation of all the pricing and verified before switching them to “active.”
- Pricing rules can be entered to take effect as of a future booking date enabling you to create, test, and verify a set of new rates to take effect on a certain calendar date. Rates will automatically become available (both internally and on your website as you choose) as of that date.
- Pricing rules can vary based on booking lead time so that you can create booking incentives for those who book early, or for those who fill open units at the last minute.
- Automatic and real-time updates of rates on all EscapiaNET partner booking sites!