GuestReady announces success in Portuguese short-term rental market

GuestReady announces reaching €51 million in Portuguese managed properties, only a year after entering that market, and looks to double its portfolio in 2020.

“Just one year after landing on Portuguese soil, GuestReady has already reached around €51 million in short term rental properties managed in the country."

In response to Lusa, the CEO of GuestReady, Alexander Limpert, said that the company has “ambitious growth plans” in Portugal and expects, by 2020, “to double the portfolio of properties under management”.

“Portugal, in addition to being a popular tourist destination, has large technology companies like Google, as well as ‘startups’ [companies with rapid potential for economic growth] opening offices in Lisbon, increasing the number of visitors,” added Limpert.

GuestReady currently has a team of 30 people in Portugal, and intends to continue to invest in the growth of the number of employees.

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