GuestReady

GuestReady is a property management company headquartered in Trogen, Switzerland. Founded in 2016, it is active in Europe, Middle East and Southeast Asia. It helps hosts manage their properties on Airbnb.[1][2]

GuestReady Group
TypePrivately held company
IndustryProperty management
Travel agency
Founded2016 (2016)
Headquarters
Trogen
,
Switzerland
Area served
United Kingdom, France, United Arab Emirates, Portugal, Malaysia, Hong Kong
Key people
Alexander Limpert (CEO)
Christian Mischler (Executive Chairman)
Patrick Degen (CFO)
BrandsGuestReady, BnbLord, Oporto City Flats, We Stay In Paris
Websitewww.guestready.com

The GuestReady Group offers short-term rental management via the brands GuestReady, Oporto City Flats, and We Stay In Paris. GuestReady focuses on Airbnb management, which includes services such as Customer-relationship management, revenue management, Marketing channel management, guest Check-in, facility and laundry services. The group also offers Business-to-business services and distributes the Information technology system as BnbLord to other property managers that intend to offer short-term rental management to their clients.[3][4]

The group is active in Europe, Middle East and Asia. It offers property management as GuestReady in the United Kingdom (London, Manchester, Edinburgh), France (Paris, Cannes, Lyon, Bordeaux), Portugal (Lisbon, Porto), United Arab Emirates (Dubai), Malaysia (Kuala Lumpur) and Hong Kong.[4][5] GuestReady offered Airbnb-management in Singapore between 2016 and 2018 but decided to pull out of the market due to changes in regulation of short-lets in Singapore.

History

GuestReady was founded in April 2016 by Alexander Limpert (CEO), Christian Mischler (Executive Chairman) and Patrick Degen (CFO).[6][7][8] Founders have previously founded other startups.[lower-alpha 1] In 2017, Josef Nevoral joined GuestReady as CTO.[8]

In summer 2017, European competitor Easy Rental Services was acquired and GuestReady announced a seed round of US$3 million, lead by the Russian fund Impulse VC.[9][10] In December 2018, GuestReady acquired Portugal-based Oporto City Flats.[11] At the same time, GuestReady took over the management of the property portfolio of We Stay In Paris, a local competitor in France.[11]

In April 2019, GuestReady acquired BnbLord, the largest short-term rental management company in France and Portugal by delivering Airbnb management on a portfolio of 1,000 properties.[4][3][12][13] The founders of BnbLord, Léo Bonnet, Jacques Lavie, François Lavie, joined the GuestReady Group in senior management positions.[14][15]

In parallel to the BnbLord acquisition, GuestReady created an umbrella brand called GuestReady Group.[13] It reported a portfolio of more than 2,000 properties.[16][4]

Notes
  1. Mischler previously co-founded HotelQuickly and Rocket Internet’s Foodpanda; Limpert was Managing Director of Foodpanda in the Philippines and Taiwan; Degen previously co-founded Swiss educational publishing house Mindprep and student loyalty platform LEGI. Mischler und Degen both are also partners at Swiss venture capital firm Swiss Founders Fund.[8]

References
  1. Russell, Jon (June 18, 2019). "guestready-raises-6m". TechCrunch.
  2. Hoong, Tan Kit (16 August 2016). "Getting your GuestReady for your Airbnb rentals". The Star.
  3. Schwyter, Adrien (4 January 2017). "BnbLord: la start-up qui prend soin de votre appartement sur AirBnB". challenges.fr (in French). Retrieved 12 May 2019.
  4. Russell, Jon (April 2019). "GuestReady, a service for Airbnb hosts, doubles down on Europe with another acquisition". TechCrunch. Retrieved 12 May 2019.
  5. Russell, John (August 19, 2016). "GuestReady provides Airbnb hosts with the services to professionalize their rental". TechCrunch.
  6. "Executive Profile: Alexander Limpert". Bloomberg L.P.
  7. Williams, Henry (October 22, 2018). "People's Champion finalist 2018: GuestReady". startups.co.uk.
  8. "GuestReady". TechCrunch.
  9. Leguilloux, Claude (26 October 2017). "GuestReady, lève 2,6 ME et rachète Easy Rental Services". boursier.com (in French). Retrieved 12 May 2019.
  10. Russell, Jon (October 25, 2017). "GuestReady, a service for Airbnb hosts to manage their property, raises $3M". TechCrunch.
  11. Loritz, Mary (13 December 2019). "Airbnb management startup GuestReady acquires Oporto City Flats and We Stay In Paris". eu-startups.com.
  12. "Conciergerie BnbLord : la location saisonnière n'a jamais été aussi simple". lepoint.fr (in French). 24 September 2018. Retrieved 12 May 2019.
  13. Armand, César (11 April 2019). "Galaxie Airbnb : pourquoi la conciergerie GuestReady rachète BnbLord". latribune.fr (in French). Retrieved 12 May 2019.
  14. Hamladji, Samir (27 December 2017). "BnbLord, La Start-Up Qui Rassure Les Propriétaires Sur Airbnb". Forbes (in French). Retrieved 12 May 2019.
  15. Porrometo, Gabriele (14 October 2016). "BnbLord, l'entreprise française qui prend soin de votre appart AirBnB". Numerama (in French). Retrieved 12 May 2019.
  16. "La société de conciergerie GuestReady rachète BnbLord". lefigaro.fr (in French). 11 April 2019. Retrieved 12 May 2019.
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