Perfect Price, the company pioneering AI-driven dynamic pricing and revenue management software, today announced that it has partnered with TRACK, powered by TravelNet Solutions, a property management software solution for short-term and vacation rental providers, to enable joint customers to effortlessly manage and price rental inventory. Built around the industry’s leading CRM, TRACK’s integrated modules deliver the best end-to-end experience for management companies, owners, and guests.
The new software integration delivers consistent value to property managers by dynamically pricing — and thus generating additional revenue from — properties within the TRACK software. The systems work seamlessly together to apply industry-leading pricing AI to vast quantities of property data. By continuously collecting property availability, rate, reservation, and other relevant information from TRACK, the Perfect Price dynamic pricing engine is able to update TRACK with data-driven pricing recommendations that are designed to maximize revenue. Perfect Price’s dynamic pricing technology works diligently in the background to price properties each day with little or no intervention necessary.
Alex Shartsis, Founder and CEO of Perfect Price, said:
“Property managers today face incredible hurdles manually interpreting historical and marketplace data to know how to accurately price their properties. With TRACK and Perfect Price, this time and resource-intensive work is done automatically,. Our software dynamically adjusts rates based on a number of factors, such as vacancies, demand, seasonality, and market competition. We also provide tools that track utilization and revenue performance for every property on a monthly basis so that property managers can make informed decisions. We’re excited to offer joint customers the peace of mind knowing that every property will be booked at the exact price that will yield the most revenue at that moment.”
Ryan Bailey, CEO of TravelNet Solutions, said:
“TRACK is always striving for new integrations that will create efficiency and value to help our clients achieve their goals. Our award-winning software, paired with Perfect Price’s next-generation dynamic pricing will empower property managers and owners to create world-class guest experiences that drive long-term revenue growth.”
SOURCE Perfect Price