Your.Rentals

Idea

Introduction

Short-term rentals have transformed the accommodation sector.

With an estimated €130 billion in global revenues in 2022, short-term rentals are a mainstream choice for travellers all over the world.

We have calculated that 89% of the 11 million short-term rentals globally are managed by local hosts who play a crucial role in their local economy and community.

Local hosts face increasing pressure due to competition from large well funded competitors, and high fees from OTA channels such as Airbnb and Booking.com - who now account for more than 70% of bookings*.

*Data from January 2021 to June 2022.

That's why we founded Your.Rentals in 2016 with a mission to help short-term rental hosts and agencies be more profitable and remain independent.

Your.Rentals has built an innovative short-term rental management platform that puts the power of big tech in the hands of local hosts and agencies.

With no monthly subscription fees, hosts and agencies can list on 30+ channels and manage their day-to-day operations more efficiently from a single account.

Monetisation strategy

Your.Rentals monetizes its platform by charging fees on the booking revenue processed for its customers, with a 5% Service fee and 15% Channel fee (to cover OTA commissions).

Our customers tell us that they love our model, because they pay us when we generate revenue for them. And if we maximise our revenue generation, we believe we can out-earn subscription fee based vendors.

In addition to these ‘transactional fees’, we are also developing new revenue streams with add-ons and fintech services.

Our two-year growth strategy focuses on accelerating revenue growth per property and per customer – and we already have a strong start.

Your.Rentals’ business model combines three innovations that together create strong customer value and a sustainable competitive advantage over subscription fee-based competitors.

The revenue model is self-reinforcing: customers that generate more revenue are less likely to churn. Your.Rentals allows them to concentrate on growing their business.