Channel Managers & Property Management Software
The two most common software tools vacation rental managers use are channel managers and property management software (PMS). According to Transparent’s 2018 European Vacation Rental Survey, 67% of property managers use a channel manager and 59% use a PMS – more than any other type of software or hardware tool.
Channel managers enable you to distribute properties across online booking platforms like Airbnb, HomeAway, TripAdvisor, Booking.com, and Expedia. A PMS manages your inventory, operational tasks, reservation calendar and more. In the vacation rental space, these software products are often integrated into one offering.
Deciding which vacation rental software provider to select is a challenging process. There are many providers that market a similar list of features, so it is hard to distinguish which is right for your business.
Thankfully, there are abundant online resources and reviews for these channel managers and PMS solutions.
Vacation Rental Software Review Sites
Capterra features 136 software vendors with robust reviews and detailed profiles. With an easy compare feature, you can view up to four vendors side-by-side to better understand their features and reviews.
Quora is a platform to post and answer questions on just about any subject. Unlike review platforms where vendors may send individuals to leave positive reviews or pay for sponsored placements, Quora is a place where you can ask your own questions about certain platforms or read popular answers.
There is a Vacation Rental Management Software Topic Page where you can view all of the existing questions on this subject.
GetApp is similar to Capterra in how it provides reviews and profiles of vacation rental software.
One nice feature that is unique to this platform is a summarized list of pros and cons based on the reviews. Located on the r
Before implementing any software solution, make sure to speak to current users of that platform. The best way to get an unbiased opinion is to seek out individuals from your own network of contacts. Make sure to come up with a list of questions prior to meeting to ensure you get all the answers you need. Also, get advice for the best way of negotiating with the software provider, because at a larger scale you may have some leeway to get a lower price