GuestReady Group unveils an impressive $1Bn property portfolio

November 26, 2019
Share this Post: 

This proptech startup is now operating in 14 cities in throughout Europe, the Middle East, and Asia.

Leading short-term let and Airbnb property manager GuestReady Group has passed $1 billion assets under management.

GuestReady uses in-house developed software to allow homeowners and property investors to tap into the Airbnb trend by providing a full package of short-let management and hospitality services.

The company now has over 2,500 properties in its portfolio – the figure more than quadrupling in under 12 months.

It has booked 400,000 nights’ accommodation and managed properties for 2,600 hosts worldwide since its inception in 2016.

“It was my first-hand experience of being an Airbnb host that inspired me to set up a service that would simplify hosting to time-stretched hosts,” said CEO and co-founder Alexander Limpert.

“I started to look at how software can reduce spending time listing a property on multiple booking sites, managing check-ins and check-outs of guests, cleaning and maintaining a property, while upholding a five-star quality service for our hosts and guests.”

The property management system centralises and automates processes including the dispatching of service providers, payment schedules and guest communications.

Read more here

Join us November 26-27 for the Property Portal Watch Conference Bangkok 2020.

November 26, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Costar Q1 2024 Feat
CoStar Group Q1 Results: Homes.com Drives 12% Year-on-Year Revenue Growth to $656 Million

CoStar Group has released strong financial results in the same week that it announced its intention to acquire Matterport for...

Read More
Hemnet Feat
Hemnet Q1 2024: Strong Performance Across the Board for Swedish Market Leader

Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY...

Read More
Costar Matterport
CoStar Group to Acquire Tech Firm Matterport for $1.6 Billion

CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...

Read More
Shutterstock 181374380
FangDD Full Year Financial Results for 2023: Net Losses Shrink as Revenues Rise

Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...

Read More

Editor's Pick