LiveRez.com has signed a distribution agreement with Pegasus Solutions and the Vacation Rental Managers Association allowing it 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 chief executive 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.”