SOURCE: Escapia

April 26, 2007 15:47 ET

Escapia Announces a Next-Generation Internet Business Platform for Professional Vacation Rental Managers

SEATTLE, WA -- (MARKET WIRE) -- April 26, 2007 -- Escapia, Inc., the #1 web-based provider of management and marketing solutions for professional vacation rental managers, announced its integrated Internet business platform, Escapia®ONE™, and a significant expansion of the company's property management software with new ways for property managers to market vacation rentals on the web.

EscapiaONE is the only complete Internet business platform for the vacation rental industry combining the best of online marketing and property management in one place. Escapia offers the easiest turnkey solution for online bookings, and an integrated dashboard for managing online distribution. "To thrive in today's Internet-driven marketplace, professional vacation rental managers need broad online distribution of their units, an easy way to manage that distribution, and robust property management software," said Bill Furlong, Escapia's CEO. "EscapiaONE delivers that in a tightly integrated package that lets vacation rental managers grow their business and save time managing their agency."

The following are the new enhancements included in EscapiaONE:

--  Escapia Vacation Rental Network: Escapia will launch the Escapia
    Vacation Rental Network this summer, a one-of-a-kind way for property
    managers to distribute their properties across the web. Using the Internet
    to reach consumers and drive bookings is increasingly critical to vacation
    rental managers. "More and more consumers are searching the web for
    vacation rentals, and want to complete the transaction by reserving their
    rental online," said John Suzuki, Vice President. "Integration with
    EscapiaONE means that consumers will be able to do more than just inquire
    about a property; they will see real time, accurate availability
    information and have the ability to reserve and transact vacation rentals
    online." The Escapia Vacation Rental Network will be the easiest way to
    unlock the potential of online bookings through leading online vacation
    rental and travel sites.
    
--  Escapia Consumer Site: As part of the Escapia Vacation Rental Network,
    Escapia will also launch the premier web site to connect consumers with
    professional vacation rental managers known to deliver the best experience
    to their guests. "We're committed to do all we can to help our clients
    leverage the web to generate more bookings.  No web site today is committed
    to providing the best experience for consumers by tightly integrating with
    professional vacation rental managers," said CEO Bill Furlong. "Escapia's
    booking site will deliver the best online experience for vacation home
    renters."
    
--  CustomWeb: EscapiaONE now lets property managers work with third-party
    web developers to create custom web sites completely integrated with the
    EscapiaONE management platform through an advanced application programming
    interface (API). "We recognize that for some vacation rental managers, the
    ability to create highly customized web sites that integrated with their
    back-office operations is very important. Escapia lets them do that through
    a robust API," said John Suzuki.
    
--  Advanced Service Order Accounting: This new module will build upon
    Escapia's service order system by integrating all costs for service orders
    and the billing of those costs to the responsible party. "Releasing service
    order accounting is another milestone on the path of having the most
    complete, integrated web solution for vacation rental companies," said Evan
    Gull, Director of Platform Development. "Having single-entry billing for
    service orders helps avoid billing errors, and allows agencies to capture
    more revenue by passing on the costs of bills they pay on behalf of owners.
    Escapia will now make doing this a seamless part of the platform."
    
In early April Escapia announced another quarter of record results, with bookings made using Escapia software increasing by 70% over the year before. The company also recently released enhancements including upgrades to travel insurance processing, customized unit flyers, and usability enhancements to WebPortal. "In the past six months, we've made major enhancements to our reservation engine and are releasing complete service order management and accounting tools," said Melissa Yang, Chief Technology Officer. "Along the way we've also made scores of minor but important improvements that make Escapia the best way for a vacation rental manager to manage their business."

About Escapia

Escapia, Inc., founded in 2000, is leading the Internet revolution in the $25 billion vacation rental industry with its comprehensive Internet business platform. Escapia empowers professional vacation rental management companies to reach new customers, manage properties and owner relationships, and perform trust-based accounting, housekeeping, maintenance and other mission-critical aspects of their businesses. EscapiaONE is a comprehensive platform for vacation rental companies embracing the Internet future of the industry. Seattle-based Escapia can be reached at 1-800-ESCAPIA, info@escapia.com or via the web at www.escapia.com.

Escapia, EscapiaONE and the Escapia logo are trademarks of Escapia, Inc. All other trademarks are the property of their respective owners.

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