Guesty News
23 articles
growth-positive
/PRNewswire/ -- Guesty, the end-to-end platform built for the short-term rental industry, today announced the appointment of Gil Vassoly as Chief Financial...
Guesty, a leading platform in the short-term rental industry, has appointed Gil Vassoly as its new Chief Financial Officer. Vassoly brings extensive experience from global enterprises and fast-growing tech companies, which will be instrumental in strengthening Guestys financial and compliance infrastructure. His appointment is aimed at supporting Guestys growth and preparing the company for potential public market opportunities. Guesty is backed by $410 million in funding from prominent investors and operates globally with a team of over 800 employees. The company is focused on expanding its platform and global presence, ensuring financial and operational readiness for future opportunities.
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/PRNewswire/ -- Guesty, a leading end-to-end platform built for the short-term rental industry, announced today it has been certified as the new property...
Guesty, a leading platform for the short-term rental industry, has been certified as the property management system of choice for Casago and its franchise network. This partnership follows Casagos acquisition of Vacasa, expanding their management to over 40,000 vacation rentals. Guestys platform will be integrated into Casagos operations, offering franchise partners enhanced capabilities for occupancy, revenue, and guest satisfaction. The collaboration aims to blend strengths for improved homeowner and guest experiences. Guesty is backed by $410 million in funding from prominent investors and is actively shaping the future of the short-term rental industry.
PartnersAcquisition
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/PRNewswire/ -- Guesty, the leading property management platform, launched an industry-leading Quality Dashboard for property managers using Airbnb. This...
Guesty, a leading property management platform, has launched a new Quality Dashboard for property managers using Airbnb. This feature provides real-time insights to enhance guest experiences, improve listing performance, and increase booking potential. As an Airbnb Preferred+ Software Partner, Guesty offers tools that help property managers maintain high-quality service and competitive advantage. The dashboard has led to increased quality scores, higher review volumes, and more 5-star ratings, contributing to better rankings and visibility on Airbnb. This launch underscores Guestys commitment to innovation and consumer trust in the short-term rental industry.
Partners
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Dr. Hasan Abasi, CEO of HAAT Delivery, Gal Shaul, CPTO of Augury, Vered Raviv Schwarz, President of Guesty, and Dorit Dor, CTO of Check Point, spoke on a panel about how to address the challenges of diversity in 2024 during the Power in Diversity conference.
The article discusses a panel at the Power in Diversity conference, featuring leaders from various companies, including Check Point, HAAT Delivery, Augury, and Guesty. The panel focused on addressing diversity challenges in the high-tech sector in 2024. Despite recent difficulties, the panelists emphasized the importance of maintaining diversity within organizations. They discussed strategies for fostering inclusivity, such as corrective recruitment and promoting diversity within existing teams. The panelists also highlighted the need to separate political discussions from company operations to maintain a respectful and inclusive environment. Overall, the discussion was optimistic about the future of diversity in the industry, with hopes for continued progress and inclusivity.
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Israeli short-term rental platform Guesty raises $130m
Tel Aviv-based property management platform Guesty has raised $130 million in a Series F financing round led by KKR, with participation from Inovia Capital, Apax, MSD, and Sixth Street. The funds will be used to support the development of Guesty’s platform for property managers and for market consolidation for international expansion. The company, which operates in over 80 countries, provides a platform for the short-term rental property management market. The new funding will also be used for expansion across the US and Europe, and to reinforce its presence in Australia.
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"There is currently much more interesting innovation than what happened in the last few years" | CTech
The article discusses a panel on optimization in the face of economic instability, featuring representatives from Lili, Melio, and Guesty. The panelists talk about how development departments prioritize in a limited budget environment and the importance of customer feedback in decision-making. Lili, a fintech company, adjusts its product development based on customer needs and focuses on cost optimization. Melio, a unicorn fintech company, prioritizes features that create more value for customers. The panelists also discuss the impact of the current situation on innovation and the challenges they face in their respective fields. The article highlights the need for companies to adapt and understand customer requirements in order to succeed.
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חברת Guesty ממנה 3 מנהלות בכירות - וואלה! כסף
Guesty, a startup that provides a platform for short-term rental management, is expanding its management team with the appointment of three senior executives. Nesiya Gilad has been appointed as the Chief Marketing Officer (CMO), Galit Ravi as the Chief People Officer (CPO), and Tal Siger as the V&P People. The expansion of the management team is seen as a positive growth move for the company. Guesty has experienced rapid growth, raising $170 million in funding and acquiring leading vacation rental platforms. The company operates in dozens of countries and is expecting significant growth in the tourism industry in 2023.
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Israeli short-term rental platform Guesty buys Spanish, Australian cos
Guesty has announced the acquisition of Spanish vacation rental software company Kigo and Australian property management software company HiRUM. The financial details of the acquisitions were not disclosed. Guesty plans to absorb Kigo and HiRUM employees into its team, expanding its global reach and increasing resources for customers. The merger aligns with Guestys long-term growth vision of expanding into new markets and offering an end-to-end solution for property managers and hospitality professionals. Kigo and HiRUM bring thousands of customers to Guestys product solutions. The acquisition is seen as a consolidation move in the dynamic and fragmented industry of property management solutions.
PartnersCustomers
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Guesty Announces Acquisition of YieldPlanet, a Hotel-Focused Revenue & Distribution Management Platform, and the launch of Guesty Distribution Hub
Guesty, a property management platform for the short-term rental and hospitality industry, has announced the acquisition of YieldPlanet, a hotel-focused revenue and distribution platform. This acquisition expands Guestys offerings and capabilities for traditional hotels, with YieldPlanets technology integrated into the Guesty platform. Guesty also unveiled the Guesty Distribution Hub, which adds direct OTA connections with Hopper, Trip.com, Marriott Homes & Villas, and Googles Hotel & Vacation Rental Search Products. The acquisition and launch of the Distribution Hub come after Guestys recent $170 million funding round from top-tier investors. The acquisition and integration of YieldPlanets technology solidify Guestys position as a leading property management platform.
AcquisitionPartners
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Guesty books $170M to double down on property management tools for Airbnb and other rental platforms
Property management platform Guesty has raised $170 million in an all-equity Series E funding round. The funding will be used to fuel the companys growth and expand its tools for managing properties across multiple platforms. Guesty aims to provide an end-to-end platform for hospitality operators, offering features such as calendar management, guest-host communications, analytics, and accounting tools. The company plans to continue acquiring businesses that complement its strategy and expand its offerings in automation and financial services. Guesty has seen significant growth, with revenue and listings under management expected to double year-over-year. The funding round reflects the companys position as a consolidator in the property management technology market.
Investment
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Proptech startup Guesty appoints David Aber as CFO CTech
Guesty, a property management platform targeting the short-term rental and hospitality industry, has appointed David Aber as its Chief Financial Officer. Aber, who previously served as CFO for top Israeli tech companies, brings over 30 years of experience to the role. Guesty has experienced significant growth since its establishment in 2013 and has nearly doubled in size since the start of the pandemic, with over 500 employees across 13 global offices. The companys Open API technology allows for third-party integrations with over 130 partners. Abers appointment is expected to support Guestys continued growth and expansion into parallel verticals.
Management Changes
growth-positive
Property management startup Guesty raises $50M and acquires competitor Your Porter
Property management startup Guesty has raised $50 million in Series D funding and has acquired competitor Your Porter. The funding will allow Guesty to continue investing in growth and technology, including expanding the use of artificial intelligence and building out its marketplace of third-party integrations. Guesty has now raised a total of $110 million. The acquisition of Your Porter will enable Guesty to serve hosts from family-run businesses to enterprise-scale property management companies. Guesty plans to make more acquisitions in the future to share resources and create a broader product.
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Guesty acquires fellow property management software - MyVR
Guesty, a property management platform, has acquired MyVR, making it the largest short-term rental property management platform worldwide. The acquisition positions Guesty to cater to a broader customer base and develop deeper business partnerships within the short-term rental ecosystem. Both Guesty and MyVR platforms will continue to operate independently, with customers experiencing no changes to the product and services. The acquisition reflects the recovery of the travel industry and the increasing demand for private rentals over traditional hotel stays. Guestys growing team will continue to power the businesses of professional hosts and property management companies in the alternative accommodation sector.
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Guesty, a tech platform for property managers on Airbnb and other rental sites, raises $35M
Guesty, a property management startup, has raised $35 million in funding to fuel its growth. The company provides tools for property managers who list on platforms like Airbnb. Guestys tools help property managers juggle multiple listings and provide services such as channel management, unified inbox, automation tools, and more. The funding round was led by Viola Growth, and the companys valuation is estimated to be at least $180 million. Guesty plans to introduce AI and machine learning elements to suggest more services to users and improve property managers jobs. The company has established a strong relationship with Airbnb and is also working with other platforms like Booking.com. Guesty aims to consolidate and simplify the fragmented short-term property rental market.
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Guesty CEO Amiad Soto is carving out Airbnb's biggest "cottage industry" - Grit Daily News
Guesty is a platform that helps short-term rental owners manage their listings and also works with other rental listing platforms. The company provides property managers with an end-to-end solution to simplify the operational needs of short-term rentals. Guesty offers tools and an ecosystem to ensure everything property managers need is in one place. The company has experienced incredible growth and is expanding its global footprint. It recently opened an office in Barcelona, Spain. The short-term rental market is lucrative, with an addressable market size of $169 billion in 2018. Guesty plans to introduce AI and machine learning into its platform and continue offering solutions to solve customers pain points.
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Short-term property rental manager Guesty partners with RemoteLock
Guesty, a property management solution, has added IoT company RemoteLock to its integrations marketplace. The partnership allows mutual customers to run their business more efficiently and scale over multiple units and properties. The integration enables RemoteLock to pull relevant data from a users Guesty account and send guests unique and temporary access codes to rentals, eliminating the need for intervention from property managers. Guestys marketplace includes integrations with other third-party servicers in the property management community.
Partners
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Guesty to shake up the short-term rental property management industry with one-of-a-kind conference in Tel Aviv
Guesty announces the launch of GuestyVal, a three-day festival in Tel Aviv for the short-term rental industry. The event will feature industry experts sharing insights and interactive sessions on relevant topics. GuestyVal is supported by Booking.com, Facebook, TLV Partners VC, and other vendors. The conference aims to bring together leaders in the industry and explore new opportunities. Participants will learn practical methods of raising capital and boosting their listings rankings. The event also includes social events and trips to Jerusalem and the Dead Sea. Guesty recently received $20 million in Series B funding and is experiencing rapid growth.
PartnersInvestment
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Guesty Integrations Provide Smart Home Solutions for Short-Term Property Rentals
Guesty has announced direct integrations with Slickspaces Technologies and VirtualKEY to provide smart home solutions for short-term property rentals. Slickspaces offers an automated entry management system that generates unique keypad codes for each guest, while VirtualKEY provides remote keyless entry and compatibility with home automation devices. These integrations aim to simplify the management process for property managers and save time and energy. Guesty is a cloud-based platform that offers property management software and other tools for managing listings on vacation rental booking channels. The company is backed by several investors and was founded in 2013.
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Property management co Guesty raises $20m
Israeli property management platform Guesty has raised $19.75 million in a Series B financing round led by TLV Partners. The company aims to replicate its success in the urban short-term rental sector within the vacation rental market. Guesty provides a platform for property owners to manage Airbnb reservations and has recently added integrations with Booking.com and Agoda. The company plans to continue growing its teams and recruiting highly talented professionals across all departments.
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Guesty raises $3M to be a Salesforce for property managers
Guesty, a short-term rentals management company, has raised $3 million in a Series A funding round led by Buran VC. The company plans to use the investment to scale its operations and bring in new executives. Guesty offers an end-to-end CRM software that helps property managers automate tasks such as cleaning services and check-ins. The software integrates with rental platforms like Airbnb and HomeAway. Guesty became profitable in 2016 and generates revenue from property management companies in the US, Europe, and Asia. The company also plans to hire 35 representatives to respond to guest inquiries. Guesty aims to expand into other verticals, such as hospitality management, in the future.
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The Israeli technology behind Airbnb's most-efficient hosts
Guesty, an Israeli company, provides third-party services to Airbnb hosts, handling everything from email communication with potential renters to post-visit laundry pickup and housecleaning. The company uses a combination of automated tools and real people to provide prompt responses to inquiry emails, directions and renter questions, and other services. Guesty has experienced rapid growth and now serves customers in 35 countries. They have raised $1.6 million from investors including Y Combinator and Magma Venture Partners. The company charges a three percent fee for each nights stay and generates over $600,000 in revenue per year. Guesty is looking to expand beyond Airbnb and enter other vacation rental websites.
Customers
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Guesty, A Property Management Service For Airbnb Hosts (And Soon, More), Raises $1.5M
Guesty, a software-based property management service for vacation rentals, has raised $1.5 million in seed funding. The company helps individuals renting out rooms, apartments, or other listings on Airbnb by handling various tasks such as guest screening, key drops, cleaning, maintenance, and more. Guesty plans to expand its team and platform with the funding, hiring additional developers, designers, and marketing and social media roles. The company aims to offer its management services to other vacation rental providers and sharing economy platforms beyond Airbnb. Guesty also collects data on guests to improve future guest screening and decision-making.
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growth-positive
The Next Big Thing You Missed: Startups Race to Fix Airbnb's Many Hassles
Proprly, a property management service tailored to people who rent their rooms out via sites like Airbnb, has grown revenue 40 percent each month on average. The company aims to make the Airbnb experience easier for hosts and attract a new kind of guest. Other startups, such as Guesty, KeyCafe, and Hoard, are also offering services to support Airbnb hosts. Airbnb itself has discussed plans for its own cleaning and key-exchange services. Proprly provides key concierges, contract cleaners trained in preparing Airbnb rooms, and aims for faster turnaround. The company charges higher cleaning fees to provide better service and boost hosts ratings and profits. Proprly plans to expand to San Francisco and Paris.
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