dormakaba Launches an Online Keyless Access Control ROI Calculator for Vacation Rental Managers and Owners

dormakaba said it launched its online ROI calculator for the vacation rental industry. Designed for vacation rental managers and homeowners, the tool estimates the potential return on investment delivered by transitioning from physical keys to keyless access control.

dormakaba’s keyless access control ROI calculator is easy to use. Vacation rental owners and property managers simply enter their estimated number of annual guests, locks, employees and wages per hour to determine the savings in labor costs and operating expenses associated with lost keys and rekeying. The tool totals a company’s potential monthly and yearly savings and sends an email with detailed results and suggestions.

According to the 2018 Associated Locksmith of America (ALOA) Pricing Survey, it costs an average of $67 for a commercial service call to rekey a mechanical door lock. dormakaba’s Oracode keyless access locks are an easy-to-use, secure web-based access system that utilizes time-sensitive codes to manage and record home access.

Oracode keyless access locks have proven durability to last an average of seven years. Oracode is an intelligent, electronic access control system that provides keyless access for temporary users like maintenance and housekeeping contractors, as well as vacation renters, timeshare owners and corporate housing tenants. By employing a time and date-specific code, Oracode eliminates keys and time-consuming access supervision by property staff.