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.

Substantial accomplishments to date

The company has already achieved substantial milestones with €4.5 million in fees revenue* in 2022, revenue growth* of 160% CAGR 2017-2022 (compound annual growth rate*), 5,100+ active customers and 18,000 active property units.

* Based on unaudited management accounts.

Your.Rentals is demonstrating strong revenue expansion with 105% monthly NRR* over the past 12 months - ie. average existing customer revenue is growing by 5% each month - including loss from churn.

This translates into fantastic revenue growth since the COVID-19 pandemic.

* Based on unaudited management accounts.

2023 has kicked off with a bang with a record-breaking month in January: €5.8 million in GMV and €627k in fees revenue*.

* Based on unaudited management accounts.

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.

Use of proceeds

Your.Rentals is now raising funds to invest in its two-year growth plan with a goal to reach EBITDA break-even and continue our strong growth curve.

The funds will be used to:

* increase the pace of product development,
* scale the data-driven service layer, and
* grow the customer base and property inventory.

The company has an established team, including 5 founding members dedicated to our mission of helping short-term rental hosts and agencies be more profitable.

Our investors and Advisory Board include successful entrepreneurs with extensive experience in founding and building flourishing marketplaces including Just-Eat, Hobbii and Hungry Group.

We invite you to join Your.Rentals on its mission to empower local hosts to remain independent and be more profitable in the world of short-term rentals.