May 24, 2021 | BY wheelhouse
Are you in the short-term rental business? Whether you have your property listed on Airbnb or managing an extensive portfolio of apartments, property management software is becoming essential to assure smooth operations and optimal profit margins.
Guesty is one such property management software that offers support in revenue management, account management, customer support, and much more. An end-to-end solution, Guesty aims to simplify business operations for property managers so they have more time to grow their business. Paired with a dynamic pricing tool like Wheelhouse, Guesty offers excellent support for rental managers that want to streamline their day-to-day tasks and scale their business.
Today we’ll walk through an overview of Guesty’s platform and examine a few features that their clients love. We’ll also cover a brief overview of the pros and cons to help you compare Guesty to other property management services and pick the right one for your business.
Guesty was founded almost ten years ago by twin brothers Amiad and Koby Soto in Walnut, California. The platform received generous capital funding from investors like Apax Digital, Vertex Ventures, Flashpoint, and others.
Today, it’s a leading property management software solution that helps property managers save time, improve profits, and expand their portfolios. Guesty users often five or more properties that require day-to-day task management and operations.
The reviews are in, and there’s a lot to love about the Guesty platform. Let’s take a look at the features that offer the most value to short-term rental businesses. Guesty provides a range of features like automation tools, revenue management, channel management, and much more.
Plus, Guesty offers:
Let’s dive more in depth into some of these Guesty features.
Many customers switched to Guesty from another property management software for its wide-ranging automation tools–specifically, the auto-messaging feature. Automation is a trusted friend to every property manager, and Guesty offers automation tools to the max.
How often have you entered the wrong data in a report or waited too long to post a listing? The company boasts that their customers cut between 50-80% of their workload by automating specific tasks, eliminating human error and forgetfulness.
Do you work with multiple rental channels like Airbnb, Booking.com, and VRBO? Managing notifications, inquiries, bookings, and everything else is time-consuming enough on one application–let alone three. Every short-term rental manager has gone through the stress of double booking, often occurring because one channel didn’t have dates blocked off.
Guesty offers multiple channel management where you can stay on track with activities on every channel. The tool lets you view and toggle numerous listings on multiple channels without leaving the platform. Customers enjoy the multiple channel management feature as it helps them manage different booking sites with ease.
Guesty offers an auto-payments feature where property managers don’t have to manage payments. Guesty securely stores guest information and processes payments based on your policies.
What’s great about Guesty’s payment processing is its simple display, where you can view transactions under one window with ease and share receipts with customers at the click of a button. Another fun feature is “simple upselling,” where Guesty offers your guests a running tab for additional goods and services during their stay.
One of Guesty’s most prominent and unique selling points is its free website service to create your very own booking site. While you may already have multiple channels and a company website, Guesty offers all of its customers a personal booking website to reinforce their branding without any extra fees. Customers especially enjoy Guesty’s flexibility to integrate booking with existing company websites
Whether you’re managing one listing or ten, once you subscribe, you will have access to all the features that Guesty has to offer. Price is dependent on the number of listings and whether you’re paying annually or monthly. Plus, they offer a free trial.
Guesty is a highly-rated platform on sites like Capterra (4.5 out of 5), Trustpilot (4.4 out of 5), and Getappand (4.5 out of 5). The company was founded in 2013 and operates globally, as a preferred software partner of Airbnb.
Hostaway is a vacation rental software offering an all-in-one solution to property managers. The Hostaway software is built to be flexible, customizable, and grow as your business grows, and works to provide tools to automate and simplify marketing, sales, communication, operations, reporting and accounting.
Lodgify offers four different plans to suit your needs – Lite, Starter, Professional and Ultimate. Each plan offers different services, and price points change based on whether you pay monthly, annually, or for two years upfront. For one rental property you can expect to pay:
Established in 2014, Smoobu was developed by rental property managers who created the software to solve the problems they were experiencing. Even today, many of their iterations come about through direct feedback from users.
Smoobu has a helpful channel manager connecting users to third-party rental portals like Booking.com, Agoda, Airbnb, or Expedia. In addition, it also syncs data between these channels, casting off any worries about manual prices and double bookings.
Smoobu offers a Basic plan and a Professional plan, both with no booking or setup fees. Prices vary depending on whether you pay monthly or annually upfront. Property managers who have one unit can expect to pay:
Guesty is headquartered in Tel Aviv, Israel.
Guesty is for anyone who manages short-term vacation property rentals. If you’re managing more than one property, whether on Airbnb, TripAdvisor, HomeAway or Booking.com, the Guesty platform will centralize all of them to streamline your management processes.
Guesty is the preferred software partner of Airbnb, and as such, offers complete integration with the Airbnb platform.
Overall, customers love the platform’s easy-to-use and rewarding features, despite it’s higher price point. Guesty is a top-notch property management software that many short-term rental managers use regularly. We especially love the platform’s focus on efficiency, as seen through its endless automation tools and multichannel support.