VRMA Administrator
Guesty has bought hotel-focused revenue and distribution platform YieldPlanet. The platform unveiled a new Guesty Distribution Hub, and will add direct online travel agency links with Hopper, Trip.com, Marriott Homes & Villas, and Google's hotel and vacation rental search products, as well as permit hospitality operators to manage a classic hotel repertoire, revenue, and vacation rental offerings from a single dashboard. YieldPlanet is the latest in a spree of acquisitions by Guesty, which in the last 17 months purchased competing property management softwares MyVR and Your Porter. "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," said Guesty's Yair Holtzer. YieldPlanet CEO Claudio Limacher said the merger "marks an exciting new chapter for YieldPlanet, allowing us to strengthen and scale our revenue and channel management solutions. We will continue to grow YieldPlanet and will now offer direct distribution from within Guesty's platform, offering their clients exciting new opportunities to grow and expand their businesses."
Short Term Rentalz (09/14/22) Paul Stevens
