Checkmyguest
Specialized in the rental management of apartments dedicated to short-term rentals.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
Checkmyguest operates as a rental management company specializing in the short-term rental market. The company provides an all-encompassing service for property owners, managing the entire rental lifecycle. This includes the initial preparation and staging of the property, handling guest communications and relations, and overseeing the operational aspects of the rental.
The company's business model is commission-based, where it earns a 20% commission on the rental income generated from the properties it manages. This aligns the company's revenue directly with the rental success of its clients' properties. Initially focused on the Parisian market, Checkmyguest has expanded its operations. In August 2024, the company was acquired by OYO, an Indian hospitality firm, a move intended to strengthen OYO's footprint in the European short-term rental sector.
Checkmyguest utilizes a SaaS-enabled platform to facilitate its management solutions, targeting property owners who are looking to outsource the complexities of short-term rentals.
Keywords: rental management, short-term rentals, property management, commission model, guest services, property owners, European market, saas platform, hospitality, real estate