Guesty Announces Acquisition of YieldPlanet

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Guesty integrates YieldPlanet’s synergetic expertise instantly into the Guesty platform to supply enhanced capabilities for hospitality distribution, income administration and further short-term rental and lodge OTA connections on the Guesty Distribution Hub

LOS ANGELES, Sept. 14, 2022 /PRNewswire/ — Guesty, the main property administration platform for the short-term rental and hospitality trade, right this moment introduced the acquisition of hotel-focused income and distribution platform, YieldPlanet. The acquisition expands Guesty’s choices and capabilities for conventional resorts, with YieldPlanet’s expertise built-in inside the Guesty platform. Unveiling a new Guesty Distribution Hub, the platform will add direct OTA connections with Hopper, Trip.com, Marriott Homes & Villas and Google’s Hotel & Vacation Rental Search Products, and will enable hospitality operators to handle a traditional lodge repertoire, income and trip rental choices from one dashboard.

The YieldPlanet acquisition and launch of Guesty Distribution Hub comes upon the heels of Guesty’s latest $170 million funding spherical, from top-tier buyers Apax Digital Funds, MSD Partners and Sixth Street Growth, with present buyers Viola Growth and Flashpoint additionally collaborating. The capital alerts investor confidence in the continued progress of the journey and various lodging trade, and is an endorsement of Guesty’s pioneering expertise, long-term technique and place as market chief in the hospitality and property administration software program sector.

“With PMCs competing for diverse consumers and travel personas seeking every accommodation under the sun, we are thrilled to offer additional distribution for our Guesty users through direct integration of YieldPlanet and the formation of the Guesty Distribution Hub,” says Yair Holtzer, VP of Strategy at Guesty. “Guesty will offer direct integration with Hopper, Trip.com, Marriott Homes & Villas and Google’s suite of Travel Search products, joining our already impressive OTA integration with Airbnb, Booking.com, Vrbo, Expedia, Tripadvisor, Agoda, and misterb&b. We will also maintain additional integrations through our valued partnerships. The product enhancements solidify Guesty’s status as the leading flexible Property Management Platform.”

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Guesty Distribution Hub is the first ever absolutely holistic hospitality distribution answer. Guesty prospects will now entry lots of of lodge and short-term rental distribution channels (Booking Engine, Metasearch, OTA, and GDS), together with built-in monetary instruments from one dashboard.

“Joining forces with Guesty marks an exciting new chapter for YieldPlanet, allowing us to strengthen and scale our revenue and channel management solutions,” says Claudio Limacher, CEO of YieldPlanet.  “We will continue to grow YieldPlanet and will now offer direct distribution from within Guesty’s platform,  offering  their clients exciting new opportunities to grow and expand their businesses.”

“YieldPlanet’s technology, expertise, R&D team, and hotel-focus were a natural fit to join the Guesty family and continue our long-term goal to become the one-stop shop for the hospitality and short-term rental ecosystem,” says Amiad Soto, CEO & Co-Founder of Guesty. “YieldPlanet’s technology within the Guesty platform, offers best-in-class revenue management, along with its price optimizer product for hotels. Our customers now have access to the widest distribution options on the market from one single dashboard.”

About Guesty:

Guesty is the world’s main property administration platform for the short-term, trip rental and hospitality trade. Serving everybody from hosts to lodge manufacturers, prospects make the most of Guesty’s platform and options to centralize their reservations, visitor communication, operational duties, cleansing administration and extra throughout all the main reserving OTA channels, together with Airbnb, Vrbo, Booking.com, Tripadvisor, Expedia, Agoda, direct reserving web sites and extra. With 14 places of work serving prospects worldwide, Guesty empowers hospitality operators to avoid wasting time and assets in order that they will give attention to maximizing occupancy, guaranteeing a nice visitor expertise, and rising their business.

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About YieldPlanet:

YieldPlanet is a SaaS supplier delivering journey expertise options for income and distribution administration. The firm’s easy-to-use options synchronize with property administration software program to supply a single level of management for channels, decreasing labor time, administrative value and growing distribution. The firm providers greater than 4,000 purchasers in over 85 nations round the world, with places of work in Spain, Switzerland and Poland.

Photo – https://mma.prnewswire.com/media/1897802/Guesty_YieldPlanet.jpg

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