GuestReady Group unveils an impressive $1Bn property portfolio

November 26, 2019

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

Investment Roundup 9May
Investment and Funding Roundup: EmlakJet, Listing Loop

This week, we have two interesting investment stories for you. We'll start with Europe and a rare breed—an iBuyer who...

Read More
Product Update 2025May09 1
Product and Services Roundup: Divar, Beike, Hemnet, Cian, Etuovi, OLX Ukraine, Rightmove, Zoopla, MyHome.ie, Homely

We have another long Product and Services Roundup this week. We'll start with a discontinued offering from one of Iran's...

Read More
Mubawab Signage 1 2
North African Portal Mubawab Gets New Shareholder as Dubizzle Group Divests

Mubawab, the leading property vertical in both Morocco and Tunisia according to Similarweb, has a new majority shareholder and parent...

Read More
Untitled Design 17 3
REA Group Delivers Strong Q3 Ahead of Anticipated Increase in Domestic Competition

The Australian real estate portal operator REA Group grew revenue by 12% year-on-year for the third quarter of its financial...

Read More

Editor's Pick