I am thrilled to announce Guesty’s acquisition of Rentals United, a cloud-based, top-grade platform for channel management. This acquisition combines two best-in-class software providers in the short-term rental space to create a robust offering that is unmatched in the industry and opens up new revenue opportunities for property managers.
Why Rentals United? For starters, they — like Guesty — are motivated by a similar vision for excellence in the short-term rental industry. The decision to acquire them was made based on their world-class product and wide distribution network. Furthermore, we believe that by working together, we’ll be able to develop even better products and services and ultimately deliver even greater value for our customers.
Founded in 2015, Rentals United is a long-time partner of Guesty’s, available to our customers through our marketplace of integrations. It is through this partnership that we’ve been able to observe their strength as both a channel manager and as a company. With a platform that enables property managers to distribute their listings across more than 50 booking channels worldwide, Rentals United provides top-notch distribution and integrations as well as a global reach that goes beyond traditional channels. Together, Guesty and Rentals United represent the most robust and advanced distribution network for the short-term rental industry.
As for what happens next, Rentals United will continue under the skillful leadership of CEO James Burrows, maintaining its operational independence. However, customers will benefit from the synergies and collaboration between us, which will create even stronger products and services in the advancement of growth and success.
I’m excited to welcome James and the entire Rentals United team to Guesty, and look forward to sharing with you where this adventure takes us next.