Jetstream, which has a global presence with offices in the United States, Canada, Europe, Asia and the UK, seeks to provide a powerful way for owners, managers and developers of multi-unit, short-term rental properties to maximise revenues and realise opportunities in the growing short-term and flexible rental market.
Wheelhouse helps hosts, owners, and property managers optimise pricing, unlock revenue and secure greater profits through dynamic pricing backed by a powerful demand-based pricing engine, and business intelligence tools such as market reports and competitive set solutions.
By joining forces, Jetstream and Wheelhouse are able to deliver best-in-class pricing optimisation to their customers. The combination of Jetstream’s all-in-one outsourcing platform and variable cost model solution, and Wheelhouse’s expert revenue management and pricing capabilities, raises the bar for the industry in terms of operational efficiency and revenue management.
Jetstream CEO Emmanuel Lavoie said: “We’re thrilled to join forces with Wheelhouse to help our customer partners achieve maximum revenue from their assets. Jetstream delivers best-in-class marketing expertise and distribution technology to streamline operations and reduce financial risk.
“As we enter a new era of big data in property revenue management, we believe there is enormous scope to optimise pricing to deliver revenue growth in both the short-term and flexible rental space. Wheelhouse are leaders in dynamic pricing and we’re excited to be working with them to deliver on this drive for data-driven pricing strategies to deliver optimal revenue for our customer partners,” he added.
Wheelhouse CEO Andrew Kitchell said: “Wheelhouse is incredibly proud to partner with Jetstream, which is ushering in a new era of hospitality. We believe remote operations, built on great software, is the future in our space and all Ops teams need to be exploring partnerships with teams like them to be a part of it.
“Jetstream puts the customer first, proven in how often we hear from customers – both large and mid-sized – how much they love working with them. Through this smart and transparent collaboration, we are able to offer our community a way to operate more efficiently, safely, and increase guest delight while maximising revenue.
“Wheelhouse’s powerful pricing engine paired with Jetstream’s all-in-one distribution and channel marketing solution is an impressive duo that opens new avenues of efficiency for operators of all sizes,” he added.