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LiveRez Grows as an Emerging Leader in the Online Vacation Rental Booking Software Space

BOISE, Idaho, Sept. 3 /PRNewswire/ -- LiveRez, ( http://LiveRez.com ), an emerging leader in online vacation rental booking software, is experiencing exceptional growth in the $18 billion dollar vacation rental industry.

LiveRez, a complete online vacation rental property management solution, is focused on increasing bookings and making property managers fully operational to maximize online bookings. LiveRez offers best-in-class websites, a booking engine, property management system, online marketing services, and a unique "Pay-As-You-Book" approach which provides a mutually beneficial partnership between LiveRez and vacation rental managers.

Tracy Lotz, President and Founder of LiveRez, attributes the successful growth to the company's unwavering principle of creating win/win relationships between property managers and LiveRez.

"Forging these win/win relationships has been the bedrock of LiveRez's success," says Lotz.

By the end of 2008, LiveRez will have top Property Managers in the 200 most traveled destinations inNorth America, generating upwards of $600 million dollars in annual bookings.

Former Microsoft Vice President and current LiveRez investor and advisor, Gary Gigot, saw a significant category opportunity and a capital efficient business in LiveRez.

"LiveRez could be a significant driver of growth in the property management channel," said Gigot.

Growth is prevalent in the overall vacation rental home industry. An estimated 1.24 million visitors to theOrlando, Florida area each year choose to stay in vacation homes instead of hotels.

Steve Trover, CEO of AllStar Vacation Homes, a highly successful vacation rental business in Orlando Florida ( http://AllStarVacationHomes.com ), believes that LiveRez provides a simple, efficient online experience for travelers and property managers, something experienced consumers have become accustomed to.

"Today's traveler expects to be able to book a vacation home with the same ease and confidence that they book a hotel room and LiveRez provides that solution," says Trover. "Our online reservations went from 0% booked online to 40% booked online almost overnight after turning on LiveRez."

This dramatic increase shows that LiveRez is providing a service that an existing marketplace is ready and waiting for.

"Our overall experience in the online vacation rental industry spans 14 years," says Lotz. "Our company's growth reflects our knowledge of the needs of the industry."

About LiveRez Inc.

LiveRez ( http://LiveRez.com ) drives more online vacation rental bookings. LiveRez provides the most complete online vacation rental property management solution available, enabling property managers to fully utilize the power of the internet in driving guest bookings, guest satisfaction, and the management of their properties.

     For more information,

     Contact:
     Ralf VonSosen
     LiveRez, Public Relations
     ( http://LiveRez.com )
     +1.208.854.7717
     ralf@LiveRez.com

Available Topic Expert(s): For information on the listed expert(s), click
appropriate link.
Tracy Lotz
http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=80815

SOURCE LiveRez Inc.

Tags: ,TRA,LEI,CPR,STW,PDT,ID-LiveRez-Software
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