Guesty Acquires French PMS Smily to Expand Reach
Guesty has acquired French property management software Smily to strengthen its presence in France's $9 billion short-term rental market. The companies will merge resources into a single platform featuring Guesty's AI tools, with Smily's founders reinvesting into Guesty equity.
Key Takeaways
- 1Guesty acquired French PMS and channel manager Smily for an undisclosed amount.
- 2Smily's clients will gain access to Guesty's platform and AI features, including Agent Hub.
- 3All five Smily founders and select shareholders are reinvesting transaction proceeds into Guesty equity.
Source: shorttermrentalz.com
Keep reading
Our reporting
More in technology

