Best Vacation Rental Software 2024

The vacation rental market is set to skyrocket to over $100 billion in 2024, with projections climbing to a staggering $107 billion by 2027. Short-term rental property owners and managers looking to take advantage of this boon need the best vacation rental software to do it. We lay out all your top options in this article. 

Why Do Property Managers Need Vacation Rental Software?

Compared to hotels, vacation rentals provide more space, privacy, and value for money. They are an excellent alternative to hotels, offering unique, homelike stays for less than 30 days. In addition to streamlining operations, vacation rental software automates tasks and enhances guest experiences, making them easier to manage than traditional hotels.

However, managing multiple listings across different channels can be a hassle. Vacation rental software simplifies this process by automating tasks, saving you time and effort and streamlining your operations.

What is Vacation Rental Software?

Vacation rental software streamlines every aspect of your short-term rental operations. It integrates seamlessly with online travel agencies, offering high-performance property management features that help automate, scale and grow your business. 

Simply put, this software is your all-in-one solution for managing short-term rentals. Packed with features, it acts like a super-efficient personal assistant, making your life much easier.

Top 10 Essential Features of Vacation Rental Software

1. Channel management

Allows you to promote your property on multiple OTAs by connecting your rates, availability and content in one place.

2. Multi-Calendar

All of your reservations are available at a glance in one centralized location with options to organize them by date, unit, channel, payment status, etc.

3. Manage Bookings

You can set up, modify, or cancel reservations to ensure up-to-date guest information and availability.

4. Guest communication

Configure automated messages that include check-in / check-out instructions, answers to queries, send guests your welcome manuals and house rules, or send special offers from one unified inbox.

5. Integrations

Ensure the vacation rental software integrates with third-party tools and software. This enhances your system's functionality, allowing hosts to automate processes, scale operations, and grow their businesses efficiently. By leveraging these integrations, you can streamline management tasks and optimize overall performance.

6. Financial accounting tools

Accounting features that ensure accurate tax and commission remittances and collections from guests.

7. Payment processing

Integrate your payment processor with your property management software to streamline payments and deposits, enhance efficiency, and automate transactions. This reduces errors, ensures timely payments, and provides a seamless experience for property managers and guests. Save time and boost financial accuracy with this integration.

8. Reporting and Analytics

Track metrics such as occupancy, RevPAR and guest reviews with customized reports and dashboards.

9. Direct website builder

Ability to publish a fully customizable, branded website that allows guests to learn about your property and book online.

10. Mobile Application

The capability to manage all key features and functionality on the go. This includes all the key features mentioned above, all conveniently located in your pocket.

The 5 Best Vacation Rental Software Companies in 2024

1. Hostaway

The market leader, Hostaway is one of the most rapidly growing robust property management systems, providing an end-to-end platform to automate and simplify every part of the job of a short-term rental host or property manager. Hostaway is the highest-rated property management system for Airbnb hosts and vacation rental managers.

Hostaway is dedicated to offering top-tier solutions with exceptional customer service and engagement. The software provides marketing and sales tools, booking engines and WordPress plugin websites to help you manage direct bookings effectively. It also supports employee training, business growth, payment processing, owner statements, accounting and smart locks. Additionally, Hostaway's customer success team offers comprehensive training for you and your staff, ensuring the platform is configured to meet your specific needs.

Features

• Channel Manager

• Open API

• CRM & Lead Management

• Trust Accounting

• Mobile App

• Websites

• Promotional & Negotiated Rates

• Multi-Language

• Responsive Design

• Owner / Guest Portal

• Owner Statements

• Financial Reporting

• Task Management

• App Marketplace

• Unified Inbox

• User-friendly Interface

Integrations

Hostaway is a preferred and elite partner of Airbnb, Vrbo and Booking.com and also has partnerships with Google Travel, Homes and Villas by Marriott, Hopper and TripAdvisor just to name a few. 

Hostaway has an open API, meaning developers can build according to their product. 

Hostway’s marketplace boasts integrations ranging from key distribution channels to payment processors to advanced pricing optimization software so you can run your vacation rental with the sophistication of a major hotel chain.

Customer profile

Large Enterprises

Language support

English, Czech, Danish, Dutch, French, German, Greek, Portuguese, Spanish

Customer support options

Email/Help Desk, 24/7 (Live rep), Knowledge Base, Chat, FAQs/Forum, Phone Support

Deployments include

Cloud, SaaS, Web-based android, iPad, iPhone

Ratings

GetApp: 4.8/5 (964) G2: 4.8/5 (174) Software Advice: 4.8/5 (956)

You can also read real Hostaway Case Studies here from thriving and growing short-term rental managers!

Pricing

With Hostaway, you can choose from different monthly subscription plans to meet your specific requirements.

Free Trial: No 

Demo: Yes 

2. RMS Cloud 

Offering a property management solution, RMS Campground is a cloud-based software system created for the campground and RV resort industry. Bookings, tracking availability, price, correspondence and billing are all functionalities. 

Since RMS is flexible enough to accommodate companies of various sizes, implementation across multi-property environments may be done smoothly.

Integrations

MYOB Business, Criton, Stripe, Quickbooks Online, Braintree, Xero

Customer profile

Freelancers, Large Enterprises

Language support

Arabic, Chinese (Simplified), English, French, German, Japanese, Spanish, Thai

Customer support options

24/7 (Live rep), Knowledge Base, Chat, Email/Help Desk, FAQs/Forum, Phone Support

Deployments include

Cloud, SaaS, Web-based

Ratings

GetApp 4.4/5 (417)  G2 4.4/5 (18) Software Advice 4.4/5 (417)

Pricing

Your property determines the price. It considers the number of sites or slips as well as the number of properties. Additionally, setup, migration and training are included in the fee.

3. Streamline

Streamline provides property management software for holiday rentals. It is a cloud-based solution that offers capabilities for online booking, lead management, trust accounting and CRM software to meet the specific demands of property managers. 

Streamline is a smart, innovative, strong and distinctive product that meets the market's ever-changing needs.

Integrations

authorize.net, Properly, Rentals United, QuickBooks Online Advanced, Stripe, PriceLabs, Beyond, SiteMinder, BookingPal

Customer profile

Freelancers, Large Enterprises

Language support

English, Spanish

Customer support options

Email/Help Desk, Phone Support, FAQs/Forum, 24/7 (Live rep)

Deployments include

Cloud, SaaS, Web-based

Ratings

GetApp 4.5/5 (78) G2 3.9/5 (8)  Software Advice 4.5/5 (78) 

Pricing

Pricing model: Subscription-based 

Free Trial: No 

4. SuperControl 

SuperControl is a system that makes vacation rental bookings for agencies and property owners. It works as a business solution for online booking management and integrates seamlessly into websites. The program has a built-in channel manager and a secure, integrated system.

Integrations

Beyond, Breezeway and Duve.

Customer profile

Mid-size business, small business, enterprise, freelance and startup.

Language support

English 

Customer support options

SuperControl offers online live chat, email and phone support during business hours. 

Deployments include

Cloud, SaaS, Web-based

Ratings

G2 4/5  (1) 

Pricing

£440.00 annual license fee (per property/unit)

Free Trial : Yes. Free 7-day trial.

Free Version : No.

5. Property Me 

PropertyMe is a cloud-based property management software that streamlines operations for property managers.

PropertyMe is a robust platform that meets the dynamic needs of property managers and landlords in the property management industry, making it a choice for modern property management solutions.

Integrations

Domo, Xero

Customer profile

Freelancers, Large Enterprises, Mid Size Business, Non-Profit, Small Business

Language support

English 

Customer support options

Email/Help Desk, Chat, Phone Support, FAQs/Forum

Deployments include

Cloud, SaaS, Web-based

Ratings

GetApp 4.6/5 (45) G2 4.5/5 (1)  Software Advice 4.6/5 (45)  

Pricing

Starting from: $605.00/month

Pricing model: Subscription

Free Trial :  Yes 

‍Benefits of Using Vacation Rental Software

1. Massive time saver

Using vacation rental software saves time that would otherwise be spent on administrative tasks. 

2. Revenue growth

The software allows you to grow your business by reducing costs, eliminating double bookings, setting better prices, analyzing data for improvement and keeping your inventory updated across all listed channels.

3. Multi-platform management

The channel manager, which is an important component of the software, synchronizes bookings across multiple OTAs.

4. One interface for all your needs

Access to all your booking channels, calendars, messages, payments, etc., from a single dashboard.

5. Integrate with service providers

Vacation rental software integrates with your many service applications and allows you to access data or services provided by the apps through their platform.

6. Taking control of your business

By providing a central point of access for all your short-term rental data, messaging and tasks, vacation rental software provides hosts with complete control over their businesses regarding bookings, pricing and inventory management.

7. Scale Your business

Set strategic goals for each team member based on key performance indicators. Businesses can use this method to create teams with reference goals to help them develop and achieve results.

Making the Right Choice for Your Business

The vacation rental software market is buzzing with innovation, offering sleek interfaces, powerful booking systems and smart automation tools. These solutions not only streamline your operations but also boost your revenue. Choosing the right software is a smart move to stay competitive and thrive in the vacation rental market. Embrace this tech revolution and give your business the edge it needs!

Exciting times are ahead for the vacation rental industry. Take advantage of the latest technologies and watch your business soar.