Instant Analysis' regional, national, and international statistics will become the industry's major and only reliable source of industry trends.
Snowmass Village, Colo. (PRWEB) September 20, 2008
Yesterday at Instant Software's RezFest 2008 Conference, Instant Software announced one of the most powerful and impactful business intelligence tools for property managers in the Vacation Rental industry, called Instant Analysis. Instant Analysis is a feature that collects and organizes reservations data so users can access vital stats such as year-on-year and year-to-date performance, in order to make the most informed business decisions.
Instant Analysis is a new feature in Instant Software's ISILink, which is Instant Software's data hub integrated to all of Instant Software's market leading products, that organizes and sends data between Instant Software's Reservations and Business Management Solutions and an entire suite of online solutions, including web distribution to a network of booking websites that attract over 15 million potential travelers per month. It is the only real-time Global Distribution System (GDS) for the Vacation Rental industry.
Instant Analysis reports initially focus on statistics such as: number of reservations; revenue; nights; and commission income. They show the management company's performance over time, profile its renters, and provide tools that show how each homeowner is doing this year compared to prior years.
The tools are flexible. Users may open pre-formatted reports and modify them to add filters or sort the data for whatever they need to analyze.
This introductory tool set will analyze data from the user's company, but by year-end 2008, Instant Analysis will allow participating companies to compare their statistics to the average statistics for their region and country as a whole. Analysis capabilities will include advance booking patterns, pricing, discounting, and renter preference for specific home types, sizes and locations. Instant Analysis provides the basis for the only "intelligent" yield management system in the Vacation Rental industry.
"Because the Instant Software family of products serves the nation's largest client base," explains Dave Hopcroft, CEO of Instant Software, "Instant Analysis' regional, national, and international statistics will become the industry's major and only reliable source of industry trends."
About Instant Software
Instant Software Inc. (ISI), is the nation's leading provider of vacation rental management software, real-time online reservation and distribution systems and related services. The Instant Software product portfolio includes First Resort™, PropertyPlus™, Entech™, V12.NET™ and ISILink™. ISI has installed software at more than 2200 property management companies and vacation rental resorts throughout North and Central America and the Caribbean. The company, which was the first in the vacation rental industry to bring real-time online booking, serves more than 250,000 vacation rentals and provides more software solutions for more companies than any other in the USA.
For more information, please contact:
Vice President of Marketing
Instant Software, Inc.