Customers can book directly online and see the discounts in real time through an interactive calendar similar to booking an airline ticket.
Honolulu, HI (PRWEB) May 06, 2011
AlohaCondos.com announces the launch of a new discounting software that determines pricing for Hawaii vacation rentals based on an algorithm that maximizes profits for vacation rental owners while reducing condo prices for people visiting Hawaii.
The new software discounts hard-to-book nights (e.g. one or two day occupancies sandwiched between longer bookings), last minute bookings, and advanced bookings.
Travelers benefit because property owners have the ability to create specials for any time in the future. Discounts of up to 40% may be offered and prices generally become lower as you get closer to the arrival date, though availability also decreases. Discounts are also provided when occupancy is low or when gaps between reservations become small (i.e. four days or less).
Aloha Condos founder, Jim Dornfeld, is excited about the the advancement to the vacation rental industry. "Customers can book directly online and see the discounts in real time through an interactive calendar similar to booking an airline ticket," says Dornfeld, "this will help property owners book hard to fill nights and increase their occupancy and revenue."
An example of the discounting software in action can be found on the company's Hanalei Bay Resort page. By clicking on the "Condos and availability" link you will see an availability calendar at the bottom of the page with variable pricing where travelers' can save.
Oahu condo owner and property manager Kathaleen Petron, R of Hawaii Vacation Properties, LLC is pleased. "Occupancy for condos at the Ilikai has improved greatly since the launch of the new software," explains Petron, "dates that were not being booked previously are now being filled."
Properties listed with Aloha Condos currently fetch some of the highest occupancy rates in the state of Hawaii. The site is also a leader in providing competitive pricing while accommodating flexible travelers with real-time availability calendars.
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