Guesty integrates YieldPlanet’s synergistic technology directly into the Guesty platform to deliver enhanced hotel distribution capabilities, revenue management, and additional short-term rental and hotel OTA connections on the Guesty distribution center
LOS ANGELES, September 14, 2022 /PRNewswire/ — Guestthe leading property management platform for the short-term rental and hospitality industry, today announced the acquisition of a hospitality-focused revenue and distribution platform, YieldPlanet. The acquisition expands Guesty’s offerings and capabilities for traditional hotels, with YieldPlanet’s technology integrated into the Guesty platform. Unveiling of a new Guest Fulfillment Centerthe platform will add direct OTA connections with Hopper, Trip.com, Marriott Homes & Villas and Google hotel and vacation rental search productsand will allow hotel operators to manage a directory of classic hotels, revenue and vacation rental offers from a single dashboard.
The acquisition and launch of YieldPlanet Guest Fulfillment Center comes on the heels of Guesty’s recent $170 million funding cycle, from top investors Apax Digital Funds, MSD Partners and Sixth Street Growth, with participation from existing investors Viola Growth and Flashpoint. The capital demonstrates investor confidence in the continued growth of the travel and alternative accommodation industry, and is an endorsement of Guesty’s pioneering technology, long-term strategy and market-leading position in the hotel and property management software sector.
“With PMCs competing for diverse consumers and travelers looking for every accommodation under the sun, we’re excited to offer additional distribution to our Guesty users through direct YieldPlanet integration and training center Guesty distribution”, said Yair HoltzerVP of Strategy at Guesty. “Guesty will offer direct integration with Hopper, Trip.com, Marriott Homes & Villas and Google’s Travel Search suite of 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. Product enhancements solidify Guesty’s status as the leading flexible property management platform. »
Guesty Distribution Hub is the very first fully holistic hotel distribution solution. Guesty customers will now have access to hundreds of hotel distribution and short-term rental channels (booking engine, metasearch, OTA and GDS), as well as integrated financial tools from one dashboard .
“Joining forces with Guesty marks an exciting new chapter for YieldPlanet, allowing us to strengthen and expand our revenue and channel management solutions,” said Claudio LimacherYieldPlanet CEO. “We will continue to grow YieldPlanet and now offer direct distribution from Guesty’s platform, providing their clients with exciting new opportunities to grow and grow their businesses.”
“YieldPlanet’s technology, expertise, R&D team and hospitality focus was a natural fit to join the Guesty family and pursue our long-term goal of becoming the one-stop-shop for the hospitality and hospitality ecosystem. short-term rental, said Amiad SotoCEO and co-founder of Guesty. “YieldPlanet’s technology within the Guesty platform offers best-in-class revenue management, as well as its price optimization product for hotels. Our customers now have access to the broadest distribution options in the market from from a single dashboard.
Guesty is the world’s leading property management platform for the vacation rental and short-term hospitality industry. Serving everyone from hosts to hotel brands, guests use Guesty’s platform and solutions to centralize their reservations, guest communication, operational tasks, cleaning management and more across all major booking channels. OTA, including Airbnb, Vrbo, Booking.com, Tripadvisor, Expedia, Agoda, direct booking sites and more. With 14 offices serving guests worldwide, Guesty saves hotel operators time and resources so they can focus on maximizing occupancy, ensuring an exceptional guest experience and growth of their business.
YieldPlanet is a SaaS provider of travel technology solutions for revenue and distribution management. The company’s easy-to-use solutions sync with property management software to provide a single point of control for channels, reducing labor time, administrative costs and increasing distribution. The company serves more than 4,000 customers in more than 85 countries around the world, with offices in Spain, Swiss and Poland.
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