Guesty - NOAH19 Tel Aviv
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The document tells the story of Guesty, a property management platform for short-term rentals. It began over a decade ago when the co-founders cleaned short-term rental properties in Tel Aviv. They realized the process was still very manual. This was the "lightbulb moment" where they came up with the idea for Guesty, an end-to-end platform to manage all aspects of short-term rentals. Guesty has since grown significantly, now with over 200 employees, $60 million in funding, and customers in over 70 countries. The sharing economy is a growing $335 billion market, and Guesty aims to continue its global expansion.
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Guesty - NOAH19 Tel Aviv
- 1. The Story of Guesty From Cleaning Toilets to $60M
- 2. @NOAHConference @noah_conference @noah-conference @NOAHConference FOLLOW USONSOCIAL
- 3. © 2019 - Guesty Inc. Amiad Soto Co-Founder & CEO of Guesty
- 4. © 2019 - Guesty Inc. A decade ago the sharing economy didn’t exist.
- 5. © 2019 - Guesty Inc. A decade ago the sharing economy didn’t exist. By 2025 it’s projected to be a $335B market.* *Statista, 2014-2015
- 6. © 2019 - Guesty Inc. And short-term rentals play a large role, valued at $169B in 2018 alone*. In fact, short-term lets command 30% higher profits than long- term leases.** *Skift Research, 2018 **The Telegraph
- 7. © 2019 - Guesty Inc. Exponential growth in world travel has resulted in increased investments in short-term rentals. In 2017 international arrivals grew 7% over the full year. In 2018 it grew 6.1% during January-June alone. Today’s avg traveler is 50% more likely to book an apartment. Year Number of Travelers (millions)
- 8. © 2019 - Guesty Inc. Tel Aviv How it All Began....
- 10. © 2019 - Guesty Inc. Taking Our Idea to Y Combinator San Francisco Tel Aviv
- 11. © 2019 - Guesty Inc. My twin brother, Koby
- 13. © 2019 - Guesty Inc. In fact, too much of the short-term rental process is handled manually, or via archaic tools that don’t integrate with one another.
- 14. The “Lightbulb” Moment © 2019 - Guesty Inc.
- 15. © 2019 - Guesty Inc. Enter Guesty The ultimate, end-to-end property management platform for short-term rentals.
- 16. With features to fit their every need. Channel Manager Multi-Calendar Unified Inbox Automation Tools Mobile Management App Branded Booking Website Reporting Tools Analytics Tasks Payment Processing 24/7 Guest Communication Services Open API © 2019 - Guesty Inc. Owners Portal
- 17. 24/7 Guest Communication Homeowner Relationships Guesty’s features address the pain points of today’s property manager. Staff Management Repetitive Tasks Distribution & Visibility Growth Having a Personal Life Driving Revenue Working On- The-Go Double Bookings Security Breaches Accounting & Payments © 2019 - Guesty Inc.
- 18. And it’s working. © 2019 - Guesty Inc.
- 19. Where We Are Today 215+ employees $60 million in funding Offices in 5 locations worldwide (and counting!) Customers across 70+ countries
- 20. Industry worth $100 billion # of Vacation Rentals on Airbnb alone > 4 million Estimated that by 2020, vacation rental industry will overtake hotel industry US Vacation Rental Market Revenue, 2019 $14.5bn Expected annual revenue growth rate 6.4% © 2019 - Guesty Inc. We’re Just Getting Started
- 21. Global expansion Growth: bigger team, better product Breaking into new markets © 2019 - Guesty Inc. The Future of Guesty
- 22. © 2019 - Guesty Inc.
- 23. Thank You! © 2019 - Guesty Inc. Amiad Soto Co-Founder & CEO, Guesty