Fairfax Media acquires YesBookit

The YesBookit business developed by Midac Technologies has been acquired by The Stayz Group.

YesBookit is the leading holiday rental booking system for property managers with 170 clients and 14,000 holiday rental properties bookable online in Australia and New Zealand. YesBookit integrates with Stayz, Rentahome, HomeAway and Wotif.

The acquisition will enable The Stayz Group to offer a more sophisticated system for property managers who manage multiple properties. Property managers using YesBookit can benefit from greater efficiency and productivity, more bookings and an enhanced customer experience.

YesBookit has deeply integrated with Stayz to enable instant bookings and online payments with credit card payments going direct to agent accounts. Further YesBookit developments will include usability improvements, support and training, mobile applications and portal distribution .

The YesBookit team will continue to operate as an independent business unit within Fairfax Media and the founders will continue to be actively involved in the business going forward.

Justin Butterworth has been appointed General Manager of YesBookit and as a licensed agent brings over 12 years of online holiday rental experience to the business.

“YesBookit was the first online application holiday rentals booking management system and with the help of our ‘family’ of clients we continue as industry leaders. Our team is really excited by the possibilities resulting from the addition of Stayz resources. We have many new developments in the pipeline and we will continue to deliver market leading support & training for customers ” says Kevin Johnson Bade, Managing Director of Midac.