The world of short-term and vacation rentals has been evolving very quickly, and the adoption of leading-edge technology to increase efficiencies and revenue is a challenge for both individual owners and property managers. This combined with a market that is expected to continue its double-digit growth for at least the next five years is something that caught the interest of White Star Capital and other investors who believe Angel Host is perfectly positioned to tackle this opportunity.
“We see tremendous growth opportunities in the vacation rental space and strongly believe in the value that Angel Host brings to property managers across the world,” says Christophe Bourque, General Partner at White Star Capital. “The many years of leadership experience that both Eduardo and Veronique bring to the table coupled with their laser-focus execution and unique tech-centric approach is what made us advocates from day-one.”
With this round of financing, Angel Host expects to continue building its tech tools and expanding its team of vacation rental professionals. “We strongly believe that the only way to succeed is by matching best-in-class technology with a highly trained and motivated team,” said Veronique Lalonde, the company’s co-founder and COO. “I’m also excited to know that this investment will allow us to continue offering our team amazing growth and learning opportunities, which is at the core of our company values.”
Clients who have experienced its benefits first-hand agree, “Partnering with Angel Host has been the best decision. Their 24/7 multilingual Guest Services team has taken a load off our shoulders and their dynamic pricing strategies and implementation has helped produce very strong results for our clients in this highly competitive marketplace” said Carlson Lisboa, CEO of Tropical Villas in Orlando.