GuestReady, a startup that helps hosts on Airbnb and other similar sites, has acquired a fourth rival in a continuing push for market prominence, according to a report.
The company acquired French competitor BnbLord, a similar startup that claims to be the biggest Airbnb host-assistance platform in France and also Portugal. The details of the acquisition are unknown.
GuestReady has raised about $3.7 million so far.
GuestReady’s first acquisition was Easy Rental in 2017, which operated in the U.K. and France. It also acquired Portugal-based Oporto City Flats last year, and We Stay In Paris, another French rival.
The latest deal is the biggest one the company has done so far, GuestReady CEO and co-founder Alexander Limpert said. It’s going to double GuestReady’s reach to upwards of 2,000 properties in the U.K., France and Portugal. The company also has a presence in Hong Kong, the UAE and Malaysia. It also assists hosts on HomeAway and Booking.com.
“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. “Since we started, we have been very focused on operational excellence and building a property technology system that allows us to automate non-core processes.”
The team at BnbLord numbers 14 people and they’re all going to start working for GuestReady, although the company will keep its own branding. Limpert said BnbLord generated more than €10 million for hosts, with 30,000 managed bookings.
GuestReady was started in 2016; it helps with all of the potential services an Airbnb host might need, like laundry, cleaning, check-in, and others. It also provides B2B services like listing generation and price management. The company has more than 100 people working at the site.
In 2017, GuestReady raised $3 million in a funding round led by Impulse VC.
“We are looking to raise a larger round later this year,” Limpert said.