Guesty, a leading property management software platform for the short-term rental and hospitality industry, has made a significant acquisition by acquiring Rentals United, a cloud-based platform for distributing and promoting properties across multiple listing sites. This strategic move combines two top-tier software providers in the short-term rental space, creating a robust offering that opens up new revenue opportunities for property managers.
Rentals United will continue to operate independently as a standalone business, with its executive team leading operations and development. The acquisition will provide customers of both companies with sophisticated, data-driven products, AI-powered efficiency tools, and an extensive distribution network. This collaboration aims to enhance visibility, distribution, and engagement for property managers, from individual hosts to enterprise property management companies.
Guesty’s CEO & Co-Founder, Amiad Soto, expressed excitement about the acquisition, highlighting the synergy between the two companies and the potential for increased bookings and relevancy. Yair Holtzer, Chief Revenue Officer of Guesty, emphasized the benefits for all property managers and partners, noting the consolidation of the market and the enhancement of the platform.
Established in 2015, Rentals United empowers vacation rental managers to market and manage properties across various listing sites, with a focus on channel optimization and data-driven insights. The acquisition by Guesty, following a recent $130M Series F funding round, solidifies Guesty’s position as a category-defining property management platform for the short-term rental and hospitality industry.