Monarch Grand Vacations Installs TimeShareWare’s Revolutionary Resorts4Rent Reservation Product
May 11, 2009 by Perspective Magazine | Timeshare & Fractional ReviewsTimeShareWare (TSW), the leading technology provider for the shared-ownership resort industry, announces the successful installation of Resorts4Rent (R4R) at Monarch Grand Vacations.
Monarch Grand Vacations, an industry leader since 1980 and offering more than 1,550 luxury villas across nine Pacific Monarch Resort locations in Mexico and the United States, recognized the need to increase inventory utilization while lowering inventory expiration. TSW’s Resorts4Rent technology provides real-time rental bookings from third-party aggregators and consumer travel sites all over the world. Third-party partners bring agents, global distribution systems (GDS), and other networks together to form a massive electronic resort exchange and rental community to individual resorts.
Teri Boyle, Vice-President, Reservations/Guest Services of Monarch Owner Services, Inc., commented on the recent Resorts4Rent launch using the Direct Connect interface with LeisureLink. “With our rental reservations coming directly into TimeShareWare, we eliminate virtually all manual intervention. Using LeisureLink’s live connection into our real-time inventory, we eliminate managing inventory on the extranets of each reseller. We also reduce potential for user errors, lost e-mails, and save on personnel hours.”
At Monarch Grand Vacations, the Resorts4Rent product has been configured to work with LeisureLink, Inc., the leading distribution and revenue management platform for specialty lodging suppliers, fully automating their rental program across a broad array of channels. The Resorts4Rent interface allows LeisureLink to instantly query real-time availability from TimeShareWare and then confirm the reservation. Confirmation details are then transmitted immediately and sent to the appropriate reservation distribution channel. The entire process occurs in real-time while giving Monarch Grand Vacations the flexibility to expose specific inventory segments.
“The real-time information from TimeShareWare allows us to maximize rental income and the flow of new prospective owners for Monarch Grand Vacations,” said Steve Reich, Senior Vice President of Sales for LeisureLink. “Monarch Grand Vacations has always had an aggressive rental program, but this degree of automation will give them a sustainable competitive advantage across all distribution channels,” Reich added.
For TimeShareWare’s Chief Information Officer, Dane Ashworth, this value-added product will greatly reduce the workload of employees managing the distribution of rental inventory. “TimeShareWare has been able to automate a process that has traditionally taken substantial manual labor. Inventory can be easily designated in TimeShareWare for distribution, which automatically exposes the inventory to the distribution partner. Since the interface works with real-time information, resorts are able to book down to the very last unit without dealing with ‘hard blocks.’”
About Monarch Grand Vacations:
Monarch Grand Vacations, an industry leader for 19 years, offers 1,550 luxury villas at nine different Pacific Monarch Resort locations to more than 100,000 guess each year. With their headquarters in Laguna Hills, California, they boast the Pacific Monarch Resorts’ new flagship property, Cabo Azul Resort and Spa in Los Cabos, Mexico, a 332 all villa resort development built on 12 acres with 600 feet of white-sand beach. Other locations include exciting resorts in Cancún, Mexico, South Las Vegas Boulevard, Las Vegas, NV, and multiple properties in California and Utah. For more information about Monarch Grand Vacations, visit their website at www.monarchgrandvacations.com.
About TimeShareWare & CondotelWare:
TimeShareWare is the industry standard software platform for shared-ownership, mixed use resorts. Since 1993, TimeShareWare serves all sizes and types of vacation ownership associations, fractional ownership properties, and timeshare resorts including multi-site, single-site, and points-based clubs. The TimeShareWare software platform includes solutions for lead and tour management, contract processing, sales and marketing, owner accounting, loan servicing, property management, reservations, and web-based owner servicing.
CondotelWare is the first full-service software solution designed specifically for condominium hotels. The software helps owners and operators master all aspects of condo-hotel management and administration, including owner accounting, billing, rental rotation, inventory management, reservations, owner relations, reporting, and more.
About LeisureLink:(TM)
LeisureLink powers global distribution and demand for the vacation rental and specialty lodging industry. Their distribution platform and proprietary Demand Management System™ enable property managers to increase bookings and optimize revenue across thousands of distribution channels. For more information visit www.LeisureLink.com and to view properties go to www.ABetterStay.com.
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