Press ReleaseSource: Escapia

Escapia Announces Major Feature Release for November 17th; Will Preview New Features at VRMA Annual Conference
Thursday October 23, 2008 6:03 am ET

Custom Reporting, Advanced Accounting Management and Expanded Ratings and Reviews Continue a Record Year of Innovation and Enhancement to the EscapiaONE Platform

SEATTLE, WA--(MARKET WIRE)--Oct 23, 2008 -- Escapia, Inc. (www.escapia.com), the #1 provider of web hosted management and marketing solutions for vacation rental managers, announced that major new features will be available to EscapiaONE clients by November 17, 2008, including a breakthrough custom reporting tool, significant enhancements to the accounting module, and an expansion of the most advanced rating and review solution in the industry. Escapia will preview these features at the VRMA annual conference in Scottsdale, Arizona, October 26-29, 2008.

Escapia Custom Reports: All your data at your fingertips

Vacation rental managers today recognize the importance of analyzing business data to make good decisions and improve their businesses. Escapia now makes it easier than ever to have all the information you need at your fingertips. The Escapia Custom Report Service and advanced Custom Report Module lets managers use a wide array of business information to gain insight and take action.

In addition to scores of standard reports available through Escapia, every agency can now use the Custom Report Service to have reports they need designed for them and added to their Escapia software for a modest service fee. Reports on reservations, units, guests, owners, guest and vendor payments, sources of reservations and more are all available through Escapia.

Agencies who choose to subscribe to the advanced reporting module can design tables, bar charts, line charts, pie charts and more on their own to see their data the way they want it. Results are exportable in a number of formats including Microsoft Excel for unlimited flexibility. Managers can save the reports they create so getting updated information can happen automatically.

Escapia Custom Reports are fully integrated with the security and access levels in EscapiaONE, so the data is completely secure based on employee security levels.

"With the release of Escapia Custom Reports, we're excited to empower vacation rental managers with such an advanced resource designed to help them gain insight on their business," said Evan Gull, Escapia's Director of Platform Development.

Open Item Accounts Payable: Accounting designed for the vacation rental business

Successful vacation rental managers recognize that managing the flow of dollars in a vacation rental agency requires specialized accounting solutions designed to meet the unique needs of this industry. Particularly important is paying bills to vendors and allocating those bills appropriately to the right units and owners.

Escapia's accounting module now supports open item accounts payable, so bill payments are charged appropriately and paid to vendors much more easily while ensuring compliance with trust accounting standards. Escapia's integrated accounting solution eliminates the need to do any duplicate entries, manual calculations or separate spreadsheets to ensure that the checks you send are completely in sync with the expenses you incur for each unit under management, and payment of bills can be automatically limited to the balance of funds available in a specific owner's account.

Open item accounts payable is a critical step in Escapia's commitment to provide the most efficient and reliable accounting solution designed to meet the needs of vacation rental managers.

Ratings & Reviews on EscapiaWEB: Making the most of your reputation

With this release, Escapia builds on the breakthrough ratings and reviews module released earlier in 2008 by allowing vacation rental managers to easily add guest feedback to their own EscapiaWEB agency web sites.

Since launching ratings and reviews earlier this year, Escapia has collected over 40,000 reviews from past guests on behalf of clients with 91% of the respondents saying that they would recommend the rental unit they stayed in, and 88% of respondents giving their stay four or more stars out of five. Managers now have an easy way to use those results to help them get more bookings on their own web sites, and manage the quality of their services more effectively.

Escapia clients using EscapiaWEB to power their web site can now add the results of their rating and review surveys to their own agency web site, allowing site users to see the ratings in the property list, sort for units with specific ratings, and see the complete rating scores and reviews on the specific property's detailed description pages. Managers can also respond to reviews and have their responses automatically posted on their web site.

Vacation rental managers interested in learning more about these new features and the Escapia platform can contact John Suzuki at 206-832-0240 or at info@escapia.com.

About Escapia

Escapia, Inc., founded in 2000, is leading the Internet revolution in the $25 billion vacation rental industry with a comprehensive Internet business platform and breakthrough consumer booking services. 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 future of the industry on the Internet. EscapiaNET is the leading online distribution network for professional vacation rental managers. ClearStay.com is the premier online vacation rental site helping consumers book lodging with vacation rental managers. Seattle-based Escapia can be reached at 1-800-ESCAPIA, info@escapia.com or via the web at www.escapia.com.

Escapia, EscapiaONE, EscapiaNET, ClearStay.com, the Escapia logo and the ClearStay.com logo are trademarks of Escapia, Inc.

All other trademarks are the property of their respective owners.


Contact:
     For more information:
     Kristine Lande
     Ph.  206-832-0241
     e-mail: Email Contact
      

Source: Escapia


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