The holiday/vacation property management and rental arena is full of acronyms, PMS, VR, OTA to name but a few. If a PMS (Property Management System) doesn’t provide the tools to manage the properties in a physical or operational sense as they focus on the management of bookings, but these Booking Management Systems are referred to as PMS within the industry, what do Property Management Systems that do provide these operational tools call themselves?
Confused? Imagine what it is like for a Holiday Property Manager when trying to find the right software for what their business actually does. This topic is discussed in a great article from Richard Vaughton at Rentivo that you can read by clicking here.
In addition, in another article from Rentivo, Propierge is featured along with other providers of operational Property Management software. This can also be found by clicking on this link.
With so much variation in terms of delivery of service and requirements and an increased focus on the need for providing quality services and setting standards, maybe it is time to redefine the terminology into BMS and PMS? This could help Holiday Property Managers find the right tools for their businesses quickly and easily, without having to trawl through pages and pages of Google search results.