Property Management Systems (PMSs) are essential tools for vacation rental management companies of all sizes. The level of guest experience that today’s most successful property managers provide wouldn’t be possible without a PMS to make sure that things run smoothly and efficiently behind the scenes.
But with so many software products on the market, how do you find the best vacation rental PMS for business growth?
According to our research, 81% of property managers use a PMS to take care of their day-to-day operations. On top of that, 57% use a specialised Channel Manager to maximise their distribution potential.
At Rentals United, we believe that these two pieces of core tech can work together in a way that generates endless opportunities for property managers aiming to grow their businesses.
That’s why we decided to speak to 19 of our PMS partners and showcase them in a brand new ebook, the Who’s Who of Property Management Systems.
But before we get into it, let’s take a look at what makes a truly great PMS.
Property Management Systems have one job: to make your day-to-day life easier. Of course, this job is neither easy nor simple.
A vacation rental PMS must provide property managers with tools to efficiently manage bookings, guest/staff communication, accounting, payment processing, reporting, and a whole host of other operational tasks.
Hundreds of software providers around the world have taken on the challenge of building a Property Management System. As you might expect, some have been more successful at it than others.
So what are some of the qualities that distinguish a great vacation rental PMS from a second-tier one?
First and foremost, your PMS should provide visibility and intuitive processes on and for essential operations to keep better track of tasks and schedules that have a direct impact on the guest experience.
The best PMSs integrate with specialised Channel Management platforms to provide their clients with a large variety of channels to distribute their listings on through highly stable API connections.
Your PMS should help you get a clear picture of who your guests are, including their location, their preferences and their histories with your brand.
It’s essential that your vacation rental PMS integrates with a Revenue Management System in order to provide a basis for more accurate analysis and forecasting so you can confidently adjust your pricing. This should also help you define KPIs for sustainable and competitive strategies that’ll push you towards success.
Last but not least, your PMS must be able to adapt to your future growth in new locations and markets, as well as new technologies that might emerge.
As the vacation rental industry grows, the competition between software providers intensifies. Many tech companies try to gain ground by coming out with hybrid or “all-in-one” tech solutions, but they often end up having too many balls in the air.
Most PMSs directly integrate with a couple of channels. However, the ones that truly focus on providing property managers with the best tools to manage their business also integrate with specialised Channel Managers. Why?
Because Channel Managers distribute to dozens of global OTAs and niche listing sites, providing property managers with a diverse marketing mix. Another reason is that Channel Managers use robust API connections and two-way synchronisation instead of one-way iCal connections.
The “leave distribution to the experts” approach has worked for some of the best PMS providers out there. This way, they can focus on what they do best, and property managers can experience a host of benefits, such as:
Don’t take our word for it. As we learned from one of our PMS partners, Bookipro:
“We don’t want to connect directly to OTAs. Channel management has to be done by professionals and most all-in-one PMSs have lots of synchronization problems. The benefit of using channel managers like Rentals United is that the clients have the best professional tools available for every aspect of their business and they appreciate it.”
“Only small companies want an all-in-one software. Professional companies with 10+ properties usually use a PMS with an external channel manager. With RU, our customers have an excellent channel manager that lets them synchronize and manage multiple OTAs without problems. And with Bookipro, our PMS, they have a powerful, complete and flexible PMS that integrates with the best external tools.”Bookipro
There are so many vacation rental PMS providers out there, it’s almost impossible to choose the right one.
To help you narrow down your search, we’ve put together an ebook that contains vital information on 19 property management systems that integrate with Rentals United.
You’ll find out:
These platforms are truly exceptional at what they do. Our goal at Rentals United is always to help property managers grow their businesses, and we hope we can do that by sharing this information with you.
To give you a taste, here are 5 examples of the PMSs featured in our ebook. You can find the rest and get access to exclusive data in your free copy of the Who’s Who of PMSs. Download it now!
Hostfully is a complete, end-to-end property management system that helps vacation rental property managers increase bookings and boost their revenue. They provide intuitive multi-account access, centralised reservation system, owner and guest management, among other features.
Hostfully integrates with the Rentals United Channel Manager.
“For our clients, channel managers are a critical component of their toolbelts. These tools display properties across a range of booking channels, listing sites, and OTAs. They reduce double bookings, reduce manual coordination, and ultimately help our managers grow and scale their businesses efficiently.”Hostfully
Guesty is an end-to-end solution that enables property managers to streamline and automate all operational tasks associated with short-term property management. With 13+ core features, the platform is the most robust on the market and the highest-funded in the short-term rental ecosystem.
Guesty integrates with the Rentals United Channel Manager.
“Channel Management services help clients gain additional visibility to travelers across the globe and in turn, deliver higher occupancy rates for property management companies. Channel distribution increases occupancy consistently throughout seasons (as this is global distribution, various seasons across the globe offer a chance for travelers to find listings).”Guesty
With over ten years of experience in both self-catering, camping & caravanning accommodation, Bookster created an easy-to-use property management system (PMS). The tool helps you increase bookings, take payments as well as create highly effective websites to market your properties.
Bookster integrates with the Rentals United Channel Manager.
“We’re integrated with Rentals United as well as offering some direct channels ourselves. This offers our clients a wide spectrum of choice for local, specialised and global channels at a cost that suits their business needs.”Bookster
Hostify helps property managers run their vacation rental business by offering them a platform that includes all the tools needed to handle every aspect of their day-to-day operations. They streamline your vacation rental business and gather all your interactions in a single dashboard.
Hostify integrates with the Rentals United Channel Manager.
“Hostify is directly integrated with the main OTAs but we also have full integration with Rentals United. This gives our customers the freedom of choice and the opportunity to broaden their advertising and reach a vast number of potential clients. Content management is also made easy through Hostify’s integration with Rentals United. Being able to provide this service is really beneficial to our business as it completes our product really well.”Hostify
Bookful is a comprehensive vacation rental property management platform that helps short-term rental managers and owners distribute their business for enhanced guest experience.
Bookfull integrates with the Rentals United Channel Manager.
“We have a direct integration with Airbnb and are working with Expedia, Booking.com and TripAdvisor this year. We also have an integration with Rentals United to connect to channels that we do not directly connect to. This gives our clients a wide variety of options to connect with channels.”Bookfull
Download the Who’s Who of Property Management systems for exclusive data on 19 PMS providers that integrate with Rentals United.
Rentals United partners with 60+ PMS providers – check out the complete list here.
Want to learn more about connecting your PMS to a Channel Manager? Talk to one of our distribution experts!