GUESTY, a leading property management platform for short-term and vacation rentals, has announced the opening of a new office in Cebu, its first-ever expansion in the Philippines. The new office will expand Guesty’s regional footprint and global customer support team, with plans to hire 100 employees in Cebu by the end of 2024.
Founded in 2013 by twins Amiad and Koby Soto, Guesty has grown into a multinational “prop tech” (property technology) company with more than 600 employees spread across 14 international offices in Israel, The United States, Australia, United Kingdom, Portugal, Turkey, The Netherlands, and now, the Philippines.
For the rest of the month of December, Guesty will be recruiting at the 16th floor of the Skyrise 4th building on W. Geonzon St. in Cebu IT Park to interview and source experienced candidates for its first 40 roles. The company has planned to expand its Cebu workforce to 100 by the end of 2024.
Earlier this year, Guesty announced a $170 million funding round led by the Apax Digital Funds, MSD partners, and Sixth Street Growth, solidifying its status as the industry’s gold-standard property management platform. It additionally acquired three major companies in the hospitality space, including YieldPlanet, Kigo and HiRum.
Infusion of capital will be used to hire talented individuals, invest heavily in research and development, product development, and to expand into new business verticals including damage protection, payment solutions, innovative automation, and management tools.
“We are excited and look forward to growing Guesty’s global workforce and footprint in the Philippines,” said Vered Raviv-Schwarz, president and chief operating officer of Guesty. “Our new office will tap into the wonderful ecosystem of Cebu City and I’m proud to visit the Philippines team in person and witness another major growth milestone in Guesty’s trajectory.”
Serving everyone from hosts to hotel brands, customers utilize Guesty’s platform and solutions to centralize their reservations, guest communication, operational tasks, cleaning management, and more across all the major booking OTA channels, including Airbnb, Vrbo, Booking.com, Tripadvisor, Expedia, Agoda, and direct booking websites, among others.
With 14 offices serving customers worldwide, Guesty empowers hospitality operators to save time and resources so that they can focus on maximizing occupancy, ensuring a great guest experience, and growing business. (PR)