PRESS RELEASE: ANGEL ROUND OF GUESTREADYNews embargoed until November 17, 2016, 4pm HKT
Airbnb Management Startup GuestReady Closes HKD 6m Angel Round
Hong Kong, Nov 17, 2016 – Three months after launching in six countries globally, GuestReady today announced the closing of a HKD 6m Angel Round. The funds will center on product development and the hiring of essential staff members. Notable investors participated in this round, backing GuestReady’s quest to become the globally leading short-term rental management company.
New Airbnb and HomeAway hosts are often surprised by the operational efforts needed to maintain and update listings while providing hotel-like services to guests. This is where GuestReady offers support: The services range from the simpler, logistical aspects of key handling, housekeeping and linen supplies to the more complicated overall management of guest communication, listing creation and yield management. The team behind GuestReady has extensive knowledge in short-term rental management leading to more professionalized listings and improved performance.
In August this year, GuestReady successfully launched into operation, immediately showing its presence in the international field. The global footprint is inherently part of the startup’s culture: The co-founding team, of which most have previously managed companies in Europe and Asia for global venture builder Rocket Internet, is spread out across all six markets.
Among this round’s investors & advisors are Senn & Partner Holding Ltd., a Swiss real estate development and investment company, Georg Bauser, former director at Airbnb, and Swiss Founders Fund (SFF), who acted as the lead investor. “We were impressed by the high-caliber team and the go-to market strategy. We’re confident that GuestReady will be able to scale their short-term rental management service quickly” mentioned Romano Brandenberg, Venture Partner at SFF.
“We are extremely happy to have received the backing of these high-profile investors who will continue to support us on our journey” says Alexander Limpert, London-based GuestReady co-founder & CEO. “The majority of the funds will be allocated to filling vacant positions in our primary markets, as well as bringing our tech platform to the next level”, continues Limpert.
GuestReady.com operates in Hong Kong, Singapore, Kuala Lumpur, London, Paris and Amsterdam, and is expected to roll into new countries soon. The startup is looking for qualified professionals to join its teams in all cities.
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GuestReady is a global short-term rental management company, which provides professional services to property investors, homeowners and Airbnb hosts. The services cover a wide range which includes listing creation, guest communication, housekeeping, laundry, key management to name a few.
GuestReady’s mission is to offer hassle-free hosting, helping homeowners to generate up to 100% more income by renting out short-term and taking up any operations that are related to turning over guests. Homeowners and hosts can select either Airbnb Management or Standalone Services provided by GuestReady. The company is currently operating in six cities across the globe, namely Hong Kong, Singapore, Kuala Lumpur, London, Paris and Amsterdam.
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