BASALT, Colo. – November 14, 2008 – Instant Software, the leading U.S. supplier of technology solutions for the Vacation Rental Industry, and Interhome, Europe’s largest Vacation Rental Management company and distributor, agreed to integrate ISILink with Interhome’s reservations technologies so that Interhome can distribute and market 30,000+ European vacation rental properties through additional channels and access additional properties to market automatically through its own booking system.
ISILink is Instant Software’s web distribution system that connects suppliers of vacation rental properties with distributors, such as travel sites and portals. ISILink consolidates, normalizes, and interprets data from suppliers’ reservations systems and enables seamless realtime automated bookings between the different parties’ systems. ISILink is a data hub that distributors connect to and automatically pull information such as property descriptions, availability, prices, and guest reviews to market to potential travelers. When a traveler books a vacation property, the reservation information is sent back through ISILink to the property manager’s reservation system and automatically confirms the booking.
Interhome has been in business for over 40 years. It facilitates more than 130,000 reservations per year in 21 destinations, manages vacations for 500,000 guests per year, and links over 75 local offices and more than 30 partners in nearly all European countries. Interhome chose to partner with Instant Software because ISILink is the most proven and technologically sound distribution system for the Vacation Rental industry.
"With Instant Software we can rely on a strong partner to support us in our market expansion in general and in new markets in particular,” says Simon Lehmann, CEO of Interhome, “ Instant Software's extensive know-how in the distribution of Vacation Rental content will facilitate the fast and efficient integration of our partners into our reservations system."
Today, half of the 200,000+ vacation rental properties managed on Instant Software technologies are in ISILink and in calendar year 2007, with minimal promotion, ISILink facilitated over $350 million of online booking transactions. This agreement with Interhome will initially add about 30,000 properties to the system (with greater numbers during 2009) and automate vacation rental bookings in the U.S., Europe and other countries around the world.
“This is a monumental partnership for us,” explains Ted Miller, COO of Instant Software. “It confirms that ISILink has established itself as the only true ‘GDS’ for the Vacation Rental industry and will prove the technology’s ability to integrate with reservation systems other than Instant Software’s own suite of solutions.”
About Instant Software
Instant Software Inc. (ISI) is the nation’s leading provider of technology solutions for the Vacation Rental Management industry. Instant Software’s complete end-to-end solutions include the market leading Reservations and Business Management Solutions; First Resort™, PropertyPlus™, Entech™, and V12.NET™, plus Online Solutions integrated through ISILink™, the most powerful web distribution system in the industry. ISI has installed software at more than 2200 property management companies and vacation rental resorts throughout North and Central America and the Caribbean. ISI was the first in the vacation rental industry to bring real-time online booking, serves more than 250,000 vacation rental properties and services more vacation rental management companies than any other in the U.S.
About Interhome
Interhome specializes in the letting of selected holiday homes, apartments and chalets. The company offers more than 46,000 top quality properties in 21 countries. In 2007 the group rented properties to nearly half a million guests and achieved turnover of 209 million Swiss Francs (US$204 million, +7,7%). Interhome publishes annual catalogues in 11 languages, totaling some 1.5 million copies. Easy and efficient booking is assured by an international reservations network, informative multi-lingual websites and the most modern communications technology. Interhome has more than 40 years' experience in the letting of holiday accommodation and provides the highest standards of service and quality. The company is based in Zurich/Glattbrugg and is an independent 100% subsidiary of Hotelplan one of the leading travel groups in Europe. Hotelplan is itself a 100% subsidiary of the Migros Cooperative, which is the largest supermarket retailing chain in Switzerland.
For more information, please contact:
Scott Gerber
Vice President of Marketing
Instant Software, Inc.
866-746-6347
sgerber@instantsoftware.com