What is a Channel Manager?

In the travel and hospitality industry, technology continues to transform ways property owners and managers operate their businesses. So, if you are not adapting to the change, you will be left out in the dust while competitors continue to capture the motivated travellers from all over the world. A Channel Manager is one essential tool you can use to keep up to the changing industry. It is a software that automated everything from hotel rooms distribution, vacation rentals, and other accommodation and into various channels where the traveller books their rentals.

The system updates you are the property owner or manager on the availability and rates of rentals to major channels like Expedia, Airbnb, Booking.com and even smaller distribution channels. This makes it easier to offer reservation online, avoiding overbooking or parity issues but more importantly, it saves you time you could have used to update each channel when your rooms or rentals are occupied, and you get to increase your bookings. Many channel manager also comes with a property management system (PMS) to help you manage the occupancy of the property.

1Hostaway Reviewed

Hostaway is a rental channel management software that helps property managers to manage rental properties business. The aim is this management solution is to boost income for short term vacation and make hosting services easier to managers. It doesn’t matter whether you have five rentals or 2500 properties, Hostaway synchronizes reservation, rate and everything else that requires and connect all these data with the best channel in the industry like the Airbnb, Booking.com, Trip Advisor, and other channels.

Hostaway simplifies the management process by allowing property managers to import data from your existing channel and connect to multiple accounts. Everything from listing, rate, reservation and other settings are imported easily by the software.

Listing on this platform can be created manually, and the manager can add a markup percentage on every channel to cover commission. The process is so easy that booking details can be synchronised between various channels in minutes and you can manage the availability of properties and even block dates within the interface. Integration with Stripe and PayPal on Hostaway allows a property provider to take payment through their website and also from other channels like the Booking.com.

Hostway also features a guest messaging system, which allows one to message guests directly from Hostway interface. The system also has automated emails feature where emails are sent to guest from all channels. Email can also be customized for different purposes, reservations, channels, departure instruction and feedback collection. They have templates for every purpose, but you can also create an automated email from scratch. You can even create automated tasks to team members and instruct them to do all rental tasks you need to be taken care off like cleaning, or invoicing.

Host Away

2Booking Pal Reviewed

Short-term rental industry has in the recent past attracted much attention from large companies, and sophisticated customers are looking for alternative experiences. Booking Pal is one of the few centralized platforms that offers rental property owners and property managers a means to increase their visibility online, revenue, and occupancy by offering managed distribution services. The company distributes property listing across different leading channel partners and complements these partnerships with products like myOptimize, MyPayment and myBookingPal.

The platform enables its users to enjoy a single contract in all its partners, and it manager all the financial a contract related transaction between the owner or the manager and the guest. This means that with this platform, there is no need to log information across Expedia, Booking.com Airbnb and other channels and booking portals. Vacation rental properties, corporate housing, can use the platform generation capabilities to maximize profitability.

Booking Pal platform is simple to use after you have listed the property in all travel agents (OTAs), you have an option of selecting the partner that fits their business model and can appear in the choice of distribution channel. Every change made on the BookingPal include availability, calendars, rates, specials and promotions, and they are all updated automatically and are synchronized across all channel. The workflow page on the platform brings the reservation to the owners or the manager’s account in one place.

Booking Pal

3Lodgable Reviewed

In any business, having the right software is important for the success of the business, and this is no different to rental business. Lodgable is one of the professional, affordable, and friendly property management solutions that allows property managers and homeowners get more booking and increase more revenue from their portfolio.

The platform helps its users streamline not just the property rentals, but also management, and advertising tasks. When you commit to this company, you won’t have to make a double booking. Its real-time API integration allows you to keep your rental property calendars up-to-date and conflict-free. With this platform, you do not need to sacrifice functionality or depth; it will enable the user to manage the rentals in multiple channels like the Airbnb, Expedia, and many more.

It centralized the management by taking out the complexity of listing rentals to one hundred booking sites. As a rental owner, you will be responsible for any commission imposed on the channels, but the core features like the invoice tools are 100% free. The platform actually offers partners with free booking sites, which means you have more chances of generating more directing booking at a reduced cost.

Lodgable

4Syncbnb Reviewed

Syncbnb is a channel management solution that offers vocational rental owners and property managers the ability to synchronize their calendars on all channels, ultimately helping them double their booking reservation and revenues. Most channel management software doesn’t offer real-time and two-way synchronization, but SyncBnb allows the rental owner to synchronize across more than 100 channels and in real time.

Sybcbnb system is very easy and intuitive to use. While other platform takes more than an hours to upload the details of the rental, Syncbnb has made it easy by simplifying the registration. It only takes less than 10 minutes to capture all the property listing information. This platform takes active management and synchronizes not just the Airbnb calendar, but multiple channels, which means missing a reservation is near impossible. The company uses cutting-edge technology, AI as well as Human quality assurance, which means it guarantees success in updating calendars to short term rental owners.

Sync BNB

5iQware Channel Manager Reviewed

IQlink is one of iQware Inc software’s product. It is channel management software designed to manage different distributor services such s OTAS and GDSs. This channel management system integrates with iQPms, making it easy to update and manage inventories, bookings, rates and restrictions on different third-party websites. The iQlink makes it easy to manage almost every aspect of the hotel including bookings and reservation.

The booking system addresses the challenges often faced by distributors when it comes to management different online distribution systems. The IQpms is integrated with iQlinks. It has a reporting functionality that shows how Airbnb is performing against booking and other channels. This is quite useful because it allows managers to make strategic decisions about whom they want to use. iQlink displays all rooms to the site of your choice and every inventory is reduced across all sites whenever a booking is made on any of the sites. So, the risk of over-bookings is significantly reduced.

Lodgable

6Myrents Reviewed

Myrents is professional channel management software for travel agencies and private accommodation owners dealing with accommodation from different channels like the Airbnb, Booking.com, TripAdvisor, VRBO and more than other 90 channels. Unlike other channels management software, Myrents allows owners to carry out their business simply and efficiently.

The system helps accommodation owners perform their everyday obligation during a lease. It improves the workflow and brings their business to a professional level. The owners can keep track of all properties, listing, inquiries, reservation, and invoices.
The system is a cloud-based solution, which means you can work anywhere anytime. Everything is synchronized automatically making it easier to do everything in the same place. There is no need to login on every channel; the system works for you. Updating everything on this platform is quick and easy, and it guarantees that all the agents receive the same price, so there is never a problem with price differences for your guests.

Myrent is a partner of Rentals United, and through this platform, you can change all the details. Myrent control all the synchronizing like processes, calendar, picture¸ amenities and cancellation policies. With the same system together, you as the rental owner get the best of both worlds. Working with Myrent is very simple, all you need to is have a profile in Myrent, and every other detail will be automated, which means no stress, no errors and no worries.

My Rents

7Vacationspal Reviewed

Many small rental property managers often focus on channel manager that work with Airbnb but joining other channels usually prove to be quite an investment. Vacationspal is one of the cloud-based channel’s managers that rental owners and managers can use to expand their connectivity. The software works with more than 20 major booking channels all aimed to increase the visibility of rental and ultimately boosting more sales. The software allows its users to manage bookings from all channels in one page.

The software integrates your well-designed websites, turning it into a revenue-generating machine. This feature is fully customizable; you can add a booking engine button. Users without sites can use VacationsPal web creation services, which integrate the channel management software, a formula that has proven to increase sales dramatically. VacationsPal also offers SMEs integrated system that allows rental and property owners to accept payment and manage them accordingly. They even have brand reward programs that allow users to enhance customers loyalty, which is very critical in vacations rental business.

VacationsPal

8SiteMinder Reviewed

Siteminder is an innovative cloud-based platform that provides management solutions for individual hotel owners, hotel chains and their partners. The software offers a solution that allows these hotels reach, attract and increase their sales. The platform provides numerous software products that enhance a two-way connection across different destination. These products enable hoteliers and managers their channels in one platform. It’s a channel manager solution that enables users to leverage the dashboard-based UI and get all their rooms online for better and faster bookings.

The platform makes hotels more visible to the world’s most popular booking sites. The channel manage helps its users to automate inventories and manage their channel performance, this way, the hotel owners and hotel chains can quickly identify the channel that working for their business model. SiteMinder also allows hotel owners to sell rooms online without being penalized with high transaction costs that come from different OTA. This channel manager offers direct hotel connection to more than 350 top hotel booking channels including the top one like the Airbnb, and it has a complete real integration to more than 250 of the world leading PMS and CRSs to provide seamlessness when managing hotel rates, availability and inventory.

The software is specifically designed to nothing more than maximize hotel reach, decrease quest acquisition costs and minimize overbooking. Therefore, most of its features including the booking button, GDS, and many more are designed to make hotel business easy for users. SiteMinder has a proven record, so it is one of the best channel management solutions for hotel owners and hotel chains.

Site Minder

9Uplisting Reviewed

Uplisting offers property owners and owners to manage their multiple properties in one platform. The software support channels and guest management. It keeps bookings of short term rentals in one place, and all information about the property is synced with popular channels like Booking.com and Airbnb. Everything from rates, availability, booking and many more are sync to its easier for the user to sync prices and availability instantly. Users can list the entire property, and the rooms include or with the nested properties. Users can also link different listing for the same property. So once your listing is imported from Airbnb, it’s immediately connected to Booking.com and other sites through iCalendar.

The platform also has an automatic calendar, where the user can create their bookings. Its smart pricing sync tools allow the user to manage the property rates accordingly while the guest messaging features allows the rental managers or user using the software to communicate with quests. The messaging feature has a unified inbox that enables the user to centralized access to all communications between them and their guest. So, there is no much need to confirm booking, reservation and other related aspects.

It so easy to create the message to the client; the platform has message templates where the user can create and send an automated message to the guests. The user can also know about the rental property performance because of the software reporting capabilities. The reports also allow the user to work out tax deductibles, calculate the invoice and even workout their earnings. The stripe integration on Uplisting ensures that users accept different payment options from the quest and its directed straight into their bank account.

Uplisting

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