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

Hemnet Growth
Hemnet Q4 and FY 2024: ARPL Jumps 42% as Operating Profit Hits $57 Million

Swedish real estate portal operator Hemnet has released its interim report for the final quarter of 2024, boasting typically strong...

Read More
Product Update 2025Jan31 1
Product and Services Roundup: Housing.com, Dubizzle, Bayut, Jitty, OneDome, Immobiliare.it, Rocket

We'll start this week's roundup in Asia, where REA India is investing heavily in AI and virtual staging...   Asia:...

Read More
Investment Roundup 24Jan 1 1 2
Investment and Funding Roundup: CoStar Group, Landeed, Cian

This week's investment and funding roundup starts with an interesting partnership in the UK that will see American #2 CoStar...

Read More
Shutterstock 392355586 2 3
Rent.com.au Sees Steady Growth of Transactional RentPay Product in Q2

The publicly listed Australian rentals portal operator Rent.com.au has revealed that it saw steady growth in its key transactional RentPay...

Read More

Editor's Pick