GuestReady, a service for Airbnb hosts, doubles down on Europe with another acquisition

TechCrunch | 4/11/2019 | Staff
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GuestReady, a service that helps shared economy hosts manage their business on Airbnb and other rental sites, is getting into expansion mode again after it completed its fourth acquisition.

The company, which has raised $3.7 million from investors to date, just announced that it has acquired France-based rival BnbLord, a startup that it claims is the largest Airbnb host platform in France and Portugal, through an undisclosed deal.

Deal - Markets - Acquisition - Oporto - City

The deal represents a doubling down on those two markets and it follows the acquisition of Portugal-based Oporto City Flats last December, while GuestReady also took over We Stay In Paris, a French competitor. GuestReady’s first acquisition saw it capture U.K/France service Easy Rental in 2017.

GuestReady CEO and co-founder Alexander Limpert told TechCrunch that latest deal is its largest to date. The acquisition will double GuestReady’s presence to over 2,000 properties in Europe, where it covers the UK, France and Portugal. The company is also present in the UAE, Hong Kong and Malaysia. Beyond Airbnb, it supports hosts on Booking.com and HomeAway.

Acquisition - GuestReady - Service - Provider - Vacation

“We are extremely excited about this acquisition because it allows GuestReady to propel forward and become the largest service provider in the vacation rental industry,” Limpert said in a statement. “Since we started, we have been very focused on operational excellence and building a property technology system that allows us...
(Excerpt) Read more at: TechCrunch
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