GuestReady and Airhosted announce strategic partnership

Switzerland: Swiss property management company GuestReady has announced an official partnership with young Zug-based management startup Airhosted in order to expand their optimisation and automation capabilities for hosts and guests alike.

While GuestReady offers property management services for Airbnb hosts in countries such as the UK, France, Portugal and the United Arab Emirates [UAE], having launched almost five years ago, Airhosted has focused solely on the Swiss market since it was founded in 2017 and it is now active in 18 cities. The strategic partnership will combine the operational capabilities of both GuestReady and Airhosted, such as professional cleaning and disinfection, guest communication, last-minute bookings, intelligent pricing, key management and furnishing, to conquer the domestic market.

The announcement comes after the devastating effects of the pandemic, which saw GuestReady’s revenue drop by 80 per cent from January to April. Since then, the startup has been on the path to recovery, with revenues back to pre-Covid levels in August 2020, and it raised over €1.5 million in crowdfunding in November.

Meanwhile, Airhosted saw its activities drop by more than 50 per cent during the first national lockdown last year.

Alexander Limpert, co-founder and CEO of GuestReady, told “GuestReady and Airbnb together offer a complete rental service. This includes the marketing of the property on various online platforms such as Booking, Airbnb or Expedia, the management of rental prices, which are updated daily via an algorithm, as well as the communication with guests around the clock.

“We also take care of the cleaning and laundry service. The landlord has complete transparency in terms of bookings, calendar availability and finances.”

“Fortunately, we are in a market segment that will recover faster than the travel industry as a whole,” Limpert said. “The pandemic has increased the demand for vacation rentals and vacation homes. This trend existed before the pandemic, but like so many other trends, it was accelerated by the pandemic,” he added.