Guesty, a leading property management software platform for the short-term rental (STR) and hospitality industry, announced the acquisition of Rentals United, a cloud-based platform for distributing and promoting properties across multiple listing sites. This acquisition combines two sophisticated software providers in the STR space to create a solid offering that opens up new revenue opportunities for property managers.
Rentals United will maintain its independence and continue to operate as a standalone business, with its executive team leading its operations and development. Business will continue as usual for Rentals United’s customers and partners.
This deal also presents a significant opportunity for both sets of customers to scale their businesses with data-driven products, AI-powered efficiency tools, and an extensive distribution network. Rentals United’s platform was available to Guesty’s customers through its integration marketplace for several years. Both companies are long-time industry partners with a shared goal for excellence in the short-term rental industry.
Launched in 2015, Rentals United empowers vacation rental managers to market and manage properties across 60+ listing sites. Its channel manager integrates with 100+ technology providers, providing innovative tools for channel optimization. This also includes an AI-powered data platform for property performance analysis and personalized recommendations. The company employs 100 people across offices in Spain and Poland.
Running in over 80 countries, Guesty is the most advanced, comprehensive, and easy-to-use platform for STR management. And Guesty’s PMS (Property Management System) serves enterprise and SMB property managers and individual hosts, providing a full-stack solution with all the necessary tools to manage the entire rental journey, solving some of their biggest pain points. Plus, integrating across all property management functions, the company’s robust software platform helps property managers advertise and manage their vacation or short-term rental properties, delivering unrivaled guest experiences through a highly intuitive user experience and open API capabilities.
This deal follows Guesty’s recent $130 million Series F funding round, led by leading global investment firm KKR. Since 2022, Guesty has acquired marketing distribution solution Staysense, hospitality software companies Kigo and Hirum, and YieldPlanet, a hotel-focused revenue and distribution management platform. With Rentals United, these assets elevate Guesty as the category-defining property management platform for the STR and hospitality industry.
KEY QUOTES:
“We see this as a natural fit for two industry-leading players that harnesses great synergy for STR and vacation rental property managers. Combining our technologically advanced offering with Rentals United’s distribution capabilities will deliver both an increased volume of bookings and bookings of higher relevancy. We’re very excited about this next step in our journey as we continue to consolidate the market and enhance our offering to best serve property managers.”
- Amiad Soto, Guesty’s CEO & Co-Founder
“This acquisition creates a winning business proposition for all property managers – from individual hosts through to enterprise PMCs – to maximize visibility, distribution and engagement with their prospective audiences. In addition, all Rentals United and Guesty partners will benefit from a more robust platform.”
- Yair Holtzer, Chief Revenue Officer of Guesty
“Our acquisition by Guesty, the clear software leader in the STR property management sector, is a testament to our own technical prowess and we believe it will fortify our business and our offering in the long term, for our customers, partners and employees. We’ve known the Guesty leadership team for many years and we’re delighted to merge our world-class operations as the STR market continues to accelerate.”
- James Burrows, CEO, Rentals United
