Company Research Report: TravelNet Solutions, LLC

Company Overview

• Name: TravelNet Solutions, LLC

• Mission: No information is available

• Founded By: Ryan Bailey, Charles Bailey, and Darin Anderson

• Founded In: 1999

• Key People:

• Ryan Bailey – Executive Chairman

• Odus “Boogie” Wittenburg – Chief Executive Officer

• Wendy Glover – Senior Vice President of Customer Experience

• Beth Kelly – General Manager of Payments

• Russ Tilton – Chief of Staff

• Cameron Barragan – Chief Operating Officer

• Ryan Schooler – Chief Financial Officer

• Arvind Sharma – Chief Technology Officer

• Headquarters: Cottage Grove, Minnesota

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Providing integrated software and marketing solutions for the hospitality industry with its flagship product, Track Property Management System.

Products

TrackSuite

• High-Level Description: An enterprise-class property management solution designed for vacation rental companies. Offers a scalable, integrated platform that covers a range of operational needs.

• Key Features:

• Trust Accounting: Efficiently manage complex tax situations with built-in accounting and reporting tools.

• Triggers & Automations: Automate vacation rental tasks improving responsiveness and reducing labor costs.

• Property Management: Integrated tools for housekeeping and maintenance.

• Channel Distribution: Optimize listings and manage content across multiple channels.

• Guest Communications: Centralize all forms of guest communications within one platform.

TrackPMS

• High-Level Description: A comprehensive property management solution tailored for growth-oriented hospitality businesses.

• Key Features:

• Trust accounting, owner portals, payments & finance management, and housekeeping & maintenance tasks.

• Extensive integrations to support various operational needs.

TrackEcommerce (formerly Atlas)

• High-Level Description: Digital marketing tools and a booking engine to enhance direct booking performance for vacation rentals.

• Key Features:

• Digital marketing services, booking engine, and website building.

• Integration partners for seamless operations and improved visibility.

TrackRevenue

• High-Level Description: A dynamic pricing tool assisting with revenue management.

• Key Features:

• Automated rate setting, seasonality adjustments, and base rate suggestions.

• Allows for strategic pricing based on market data and trends.

TrackPayments

• High-Level Description: An integrated payment processing platform built within Track.

• Key Features:

• Real-time transaction management, chargeback system, and PCI-DSS compliance.

• Transparent and simple pricing with in-app management capabilities.

TrackDistribution

• High-Level Description: Channel management solution for property distribution across various platforms.

• Key Features:

• Batch editing, reviews management, and strategic insights to optimize listings.

• Integration with major OTAs like Booking.com and Expedia.

TrackCRM

• High-Level Description: A CRM designed for the hospitality sector, facilitating customer relationship management.

• Key Features:

• Lead management, audience segmentation, and email/SMS automation.

• Capturing and converting leads through a unified contact platform.

Recent Developments

Leadership Updates

• Ryan Bailey transitions to Executive Chairman while Odus "Boogie" Wittenburg steps in as the new CEO, bringing considerable experience particularly in mission-critical software operations.

New Senior Vice President of Customer Experience

• Wendy Glover is appointed as Senior Vice President with a focus on enhancing the customer experience and filling gaps in service responsiveness.

Awards and Recognitions

• Track awarded the Vrbo Elite Status, recognizing it for superior connectivity and service quality in the vacation rental ecosystem.

Product Integrations and Enhancements

• Enhanced promo code visibility and functionality within the booking process.

• Launch of Booking.com integration to streamline listings and access exclusive features.

• Release of TrackPayments platform offering integrated payment solutions.

• Additional developments and integrations announced for 2025, focusing on guest communications, unit type booking, and distribution enhancements with platforms like Expedia.

We commit to providing continuous innovation and tools that help hospitality professionals navigate and excel in their field.