Blog - Gracesoft

How do I choose the best vacation rental software for my business?

Written by GraceSoft team | Wed, Apr 16, 2025 @ 11:30 AM

Excellent question—and one that can literally make a gargantuan difference in how silky (or stressful) your vacation rental business operates! 

 

  1. Determine Your Business Needs

Ask yourself: 

  • How many properties am I dealing with? 
  • Am I Airbnb exclusive, or do I have properties listed on several platforms? 
  • Do I require a direct booking website? 
  • Do I require automation (cleaning, messaging, reviews)? 
  • Is accounting or financial tracking a priority? 
  • Understanding your objectives enables you to cut out the field quickly. 
  1. Decide on What You Truly Require Features

Feature: Why It Matters 

  • Channel management - Connects bookings from Airbnb, Vrbo, etc. 
  • Automated messaging - Sent messages for check-in/out, responses, reminders 
  • Direct booking website - Enables direct booking without OTA commissions 
  • Payment processing - Accepts deposit and balance payments securely 
  • Calendar and reservation tools - Avon double book risk, simple date views 
  • Reporting & accounting 
  • Monitor income, expenses, tax 
  • Team/cleaning management Schedule and assign turnovers 
  • Mobile app Work on the go 
  1. Set a Reasonable Budget
  • Some charge a fixed monthly fee, others charge a % of bookings. Ensure the price: 
  • Functions on your income level 
  • Doesn't devour too much profit 
  • Still offers features you require 
  • Select transparent pricing—no hidden fees. 
  1. Compare Popular Platforms
  • Here's a rapid vibe check: 
  • Software Best For Price Range 
  • Gracesoft Large portfolios, pro managers 

Instruction: 

  • Lodgify Direct booking, small-to-medium 
  • Hostfully Guest experience & automation 
  • iGMS Automation & time-savings 
  • OwnerRez Reporting & customization 
  • Tokeet Small setups, budget-friendly 
  1. Leverage Free Trials & Demos
  • Free trials or live demos are the norm in most platforms. Try: 
  • Ease of use 
  • Dashboard layout 
  • Speed at which you can get started 
  • Responsiveness of customer support 
  1. Read Reviews & Ask for Recommendations

Check: 

  • Trustpilot, Capterra, Reddit, Facebook groups 
  • Real-world feedback from hosts with similar setups