June 21, 2022 – Tel Aviv, Israel: Today, Guesty officially announced the appointment of David Aber as Chief Financial Officer, pushing forth the Travel and Hospitality tech company’s continued global expansion as it enters its next phase of growth into new markets, verticals and business offerings as the PropTech industry continues to evolve and converge. Mr. Aber arrives at Guesty from his previous role as CFO of Seeking Alpha, the world’s largest investing community, and formerly served as CFO for top Israeli tech companies, including Taboola, Powermat, Finjan, and DSP Communications.
“David is considered one of the leading CFOs in the Israeli tech scene and we are delighted to have him join the team” said Guesty’s Co-Founder & CEO, Amiad Soto. “With over 30 years of experience in the technology and communication industries at high-growth and publicly traded companies, David’s track record of success managing complex organizations and business models across various sectors make him a perfect fit for Guesty as we enter our next phase of growth.”
Initially established in 2013, Guesty has grown to be the leading property management platform powering the short-term, vacation rental and hospitality industry, with the largest R&D team in the industry. Since the pandemic began in 2020, the company has nearly doubled its size, scaling to over 500 employees across 13 global offices as its technology continues empowering the next generation of travel and hospitality industry professionals.
“I’m excited to help Guesty continue its exponential growth, development and expansion into parallel verticals,” says David Aber, Guesty’s new CFO. “As the lines between traditional hospitality and short- term rentals continue to blur, Guesty’s software and platform offer best-in-class management tools for everyone from casual hosts, to professional property managers, independent boutique hotels and enterprise clients. It’s an exciting time and I look forward to working with this world-class team to further accelerate Guesty’s growth and potential.”
Alternative accommodation went mainstream during the Covid-19 pandemic, becoming the preferred accommodation choice of travelers for the safety, space, comfort, variety and convenience they provide. The rise of remote and hybrid-work models have made short-term hospitality brands relevant for digital nomads, business travelers, families and other personas seeking flexibility and new types of experiences that combine business and leisure.
Guesty’s Open API technology allows third-party integrations with more than 130 partners on the Guesty Marketplace, covering everything from dynamic pricing tools, to payment processing, contactless check-in technology, digital concierge services and customer upsells. The company launched vertical expansions into Damage Protection by Guesty and Accounting by Guesty, and relaunched Your Porter App as Guesty For Hosts, a mobile-first platform serving self-starters, smaller property managers and owners operating 1-3 rentals.
Guesty is the world’s leading property management platform for the short-term, vacation rental and hospitality industry. Serving everyone from rom hosts to hotel brands, customers utilize Guesty’s platform 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, direct booking websites and more. With Guesty, hospitality operators save time and resources so they can focus on maximizing occupancy, ensuring a great guest experience and growing their business.
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