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Spain: Short-term rental company GuestReady acquired Lightbooking this week, increasing its portfolio on the Canary Islands.
The purchase adds 200 units to GuestReady’s offerings, nearly doubling its Spanish presence and brings the company’s total to more than 4,000 units globally. The units are spread across seven of the eight main islands on the archipelago, excluding only La Graciosa.
This is the third acquisition by the Swiss company this year, and its 12th in total since being founded in 2016.
“This acquisition marks an important step in GuestReady’s European journey,” said Alexander Limpert, co-founder and CEO of GuestReady. “Expanding into the Canary Islands strengthens our position among Europe’s leading professional hospitality operators. Under Gustavo’s leadership, Lightbooking has built a truly market leading platform in the Canary Islands, with deep local expertise and a strong reputation with both owners and guests. We’re proud to welcome such a strong team and portfolio into GuestReady.”
Lightbooking CEO Gustavo Guevara added: “What impressed us most about GuestReady was the professionalism of their operating model and the strength of their technology platform. RentalReady is truly best-in-class, and we see a strong opportunity to scale our portfolio under a unified management approach while delivering outstanding value to both owners and guests.”
GuestReady aims to reach 600 active apartments in Spain by 2026, combining organic growth, portfolio expansion, and strategic transactions such as the acquisition of Lightbooking.
The Canary Islands are expected to play a central role in this strategy, particularly through the management of entire buildings and bungalow-style complexes, which allow for more efficient and sustainable scaling.
Lorenzo Ritella, country manager at GuestReady, said: “In the short term, our focus is on integrating teams and building a shared culture, as both organizations come from different backgrounds. In the medium term, our goal is to optimize resources, grow sustainably, and become a leading reference for professional property management in the Canary Islands, while delivering a consistent, high-quality service to both owners and guests.”
GuestReady operates in seven countries across Europe and the Middle East, managing over 4,000 properties in more than 50 cities, with an average occupancy rate of 78 per cent.
Highlights:
• GuestReady has expanded its Spanish portfolio by acquiring Lightbooking
• The acquisition nearly doubles GuestReady’s presence in Spain and increases its global property portfolio to over 4,000 units
• The purchase marks GuestReady’s third acquisition this year and its twelfth overall since the company was founded in 2016
