Eydeas Automates Electronic Marketplace for Booking Vacation Rentals

. October 14, 2008

WHISTLER, Canada, June 14, 2006. Eydeas Technology, a Whistler, BC based company providing distribution automation to the resort industry, was selected by LeisureLink of Altadena, CA to provide software that connects vacation rental property and timeshare companies to LeisureLink's electronic marketplace for booking vacation rental properties.

Eydeas' Connect product creates an information bridge between property management systems used by vacation rental managers, hotels, and time share companies and their distribution partners. "Our Connect product provides automated real time access to inventory and rates from property management systems thus eliminating the need for an extranet." says David Crewson, founder of Eydeas. "The extranet, typically required to share rates and availability with tour operators and other distribution partners, has become somewhat of a bottle neck to expanding business as properties must manually load rates and inventory into third party distributor web sites. There are risks associated with this manual process, such as an out of date snapshot of available inventory caused by manual data entry delays at the property, which are cured by using Eydeas' Connect." In addition to established connections to First Resort Software and Springer Miller Systems, Eydeas will be adding new connections to a variety of property management systems that serve the vacation rental and time share marketplace.

LeisureLink is a powerful switch linking vacation rental suppliers with over 180,000 travel agencies and with 26 million consumers worldwide. LeisureLink provides access to the same distribution channels used by large hotel chains with a global reach. "We will be doing more than providing software" says Chris Ford, partner in Eydeas, "LeisureLink will provide opportunities to showcase our online packaging solutions for resort suppliers across their worldwide network of customers. We are also keen to promote their distribution opportunities to suppliers in the Whistler marketplace and in other destination resorts we serve." LeisureLink took interest in Eydeas' connect solutions after learning of the success that the resort of Aspen / Snowmass has had using the technology.

About Eydeas technology. Eydeas Technology automates the workflow between travel suppliers and their customers, enhancing travel distribution through real-time connectivity and online reservation management and packaging solutions. http://www.eydeas.net/

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