More news about GuestReady

Following a financing round GuestReady is on a growth course

14.12.2018 14:44
luxury rental

GuestReady has acquired Oporto City Flats, the leading short-term rental operator in Northern Portugal, and will take over the management of the portfolio of French Airbnb manager We Stay In Paris. The acquisition in Portugal and the agreement in France help GuestReady cement its position among the top three globally leading Airbnb management companies.

Launched in 2016 by a team consisting largely of former Rocket Internet executives, GuestReady uses technology to enable its personalised style of property management. The start-up is present in six countries across Europe and Asia: it provides Airbnb-management services to luxury rental hosts in London, Manchester, Edinburgh, Paris, Cannes, Porto, Lisbon, Dubai, Kuala Lumpur, and Hong Kong. Due to rising guest expectations, Airbnb hosts increasingly engage short-term rental management companies such as GuestReady to take care of their properties.

To date, the company has raised a total of $3.7M from angel investors and seed stage funds such as Impulse VC, Swiss Founders Fund (SFF), Boost Heroes, Forty:one and Senn & Partners. The third financing round, led by Impulse VC, was closed this year.

GuestReady has now acquired a rental operator in Portugal and will take over the management of the portfolio of a French Airbnb manager. The deals add 100 new homes to GuestReadys portfolio, growing its property list to over 1,000. The company is currently in talks of expanding operations to other markets.

Alexander Limpert, Co-Founder and CEO at GuestReady, commented: Were in a really exciting stage at GuestReady. These deals in Portugal and France give us the chance to take the high level of service we offer to a greater number of hosts looking to have peace of mind while managing their short-term lets. From day one, our top priority was to make sure we offered the best Airbnb experience to property owners and travellers. This was only possible through a technology-first approach as tech allows us to streamline and automate processes, enabling us to focus on delivering superior guest experiences and host services.

GuestReady is a born global. The three Swiss founders work from London, Zurich and Bangkok. The start-up in incorporated in Switzerland.

(SK)

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