News/Press Releases

Tuesday - October 5, 2006.

LeisureLink Inc. Announces Release of AutoPricing System Automatically Adjusts Vacation Lodging Pricing for Market Conditions.

LeisureLink Inc. today announced the release of its AutoPricing System, which automatically adjusts rack rates for changes in market conditions.  The new system maximizes revenue by changing prices in response to fluctuations in market conditions.

“Our AutoPricing System insures that our clients generate the highest possible revenues in all market conditions”, said Steve Reich, Senior Vice President, Sales at LeisureLink.  “Our clients can now establish business rules that will automatically adjust rates up and down in response to changes in the marketplace and inventories” said Reich.

“The pricing rules are established by each of our clients in consultation with our Account Management staff, and are tailored to specific markets and individual properties” he said.

“We aggressively manage prices to maximize our revenues”, said Tuzy Wall, General Manager at Hilton Head Accommodations.  ”The challenge has been to keep up with market conditions while actively managing our properties” she said.  “AutoPricing will keep me competitive and free up more time to dedicate to our guests” said Wall.

Airlines and large hotel chains have long used sophisticated algorithms to adjust prices and maximize profitability.  LeisureLink has now delivered these same capabilities to the vacation lodging industry.  This major enhancement is already available to all current LeisureLink clients.

About LeisureLink
LeisureLink was founded in June of 2002 with the goal of making vacation lodging properties widely available through online travel sites and traditional travel agents.  LeisureLink not only delivers broad distribution, but also provides revenue management tools that maximize property managers’ profitability in all market conditions and seasons. Our clients include vacation lodging, timeshare, and condohotel properties.