The submit Guesty acquires hotel management platform YieldPlanet & launches Guesty Distribution Hub appeared first on TD (Travel Daily Media) Travel Daily.
Short-term rental platform Guesty has introduced the acquisition of hotel-focused income and distribution platform, YieldPlanet.
The acquisition expands Guesty’s choices and capabilities for conventional inns, with YieldPlanet’s know-how built-in throughout the Guesty platform. Unveiling a brand new Guesty Distribution Hub, the platform will add direct OTA connections with Hopper, Trip.com, Marriott Homes & Villas and Google Vacation Rentals, and can permit hospitality operators to handle a traditional hotel repertoire, income and trip rental choices from one dashboard.
The YieldPlanet acquisition and launch of Guesty Distribution Hub comes upon the heels of Guesty’s current $170 million funding spherical, from top-tier buyers Apax Digital Funds, MSD Partners and Sixth Street Growth, with present buyers Viola Growth and Flashpoint additionally taking part. The capital indicators investor confidence within the continued development of the journey and different lodging business, and is an endorsement of Guesty’s pioneering know-how, long-term technique and place as market chief within the hospitality and property management software program sector.
“With PMCs competing for diverse consumers and travel personas seeking every accommodation under the sun, we are thrilled to offer additional distribution for our Guesty users through direct integration of YieldPlanet and the formation of the Guesty Distribution Hub,” says Yair Holtzer, VP of Strategy at Guesty. “Guesty will offer direct integration with Hopper, Trip.com, Marriott Homes & Villas and Google Vacation Rentals, joining our already impressive OTA integration with Airbnb, Booking.com, Vrbo, Expedia, Tripadvisor, Agoda, and misterb&b. We will also maintain additional integrations through our valued partnerships. The product enhancements solidify Guesty’s status as the leading flexible Property Management Platform.”
Guesty Distribution Hub is the primary ever absolutely holistic hospitality distribution resolution. Guesty clients will now entry a whole bunch of hotel and short-term rental distribution channels (Booking Engine, Metasearch, OTA, and GDS), together with built-in monetary instruments from one dashboard.
“YieldPlanet’s technology, expertise, R&D team, and hotel-focus were a natural fit to join the Guesty family and continue our long-term goal to become the one-stop shop for the hospitality and short-term rental ecosystem,” says Amiad Soto, CEO & Co-Founder of Guesty. “YieldPlanet’s technology within the Guesty platform, offers best-in-class revenue management, along with its price optimizer product for hotels. Our customers now have access to the widest distribution options on the market from one single dashboard.”
The submit Guesty acquires hotel management platform YieldPlanet & launches Guesty Distribution Hub appeared first on Travel Daily.