Lodging Management, a tech-driven company that provides end-to-end short & medium-term rental services. It grew 117% in 2018 from 23 to 50 apartments of medium-term rentals. Spain is a country with a huge potential for short & medium-term rental market worth +€1.7 billion.
Lodging Management offers an optimized occupancy and pricing solution for the property owner.
The demand for lodging services in Spain is growing (82 million visitors in 2018) but also changing. An increasing number of tourists are choosing to stay in apartments rather than traditional accommodation. An apartment provides an immersive experience into the life of the city you visit.
Property owners are seeking to offer their apartments and houses for short-term rental, using P2P platforms such as Airbnb, Homeaway, Booking.com, etc. A growing proportion of owners are now engaging professional rental services companies like Lodging Management.
We provide an integrated and bespoke rental management solution that aims to maximize owners’ revenues, whilst ensuring an outstanding experience to the user. Our revenue streams include:
• A percentage commission on total booking fees.
• The use of our digital platform by small operators.
• Franchising charges.
• Added services for end users to make their travel experiences unique Lodging Management currently has a highly scalable and adaptable business model comprising diverse revenue streams.
We are seeking investment to expand to 7 selected markets and to upscale human capital and technology. We rent, you win!
Sales and EBITDA in 2018 were €771.000 and €26.000 respectively..