Dubai's Property Management Startup HiGuests Secures Over $1 Million Deal, Plans Expansion to Spain

HiGuests, a Dubai-based property management startup, has successfully scored a $1.1 million investment deal as per company’s announcement last week from leading Spanish real estate investor, Forcadell. HiGuests currently operates in UAE, Indonesia, The Dominican Republic, Australia and India, with the latest funding round allowing them to expand to Spain.

"Even though our focus is Dubai, we see a lot of interest from players of the industry to partner with companies like HiGuests and enter a new business. HiGuests provides the tech, industry know-how, and fast pace culture of a start up. We are in talks with similar companies in Dubai to expand our portfolio," says Oriol Plana, co-founder of HiGuests to Startup Scene.

Founded in 2016 by Spanish entrepreneurs, Miquel Manzanas and Oriol Plana, HiGuests allows for the management of property owners on their platform, while offering assistance to customers via its own booking site. The service is optimised to allow homeowners to rent their spaces out Airbnb style, without having to deal with the hassle of having to find reliable guests. Additionally, HiGuests offers short-term to mid-term rentals that include anything less than a month, to between a month and one year.

For a 20% commission from rental income through a property, HiGuests handles the marketing of the property on all major booking platforms, offers support to homeowners by enabling them to communicate with guests through the platform. The platform also offers its services through a mobile application dedicated for both guests and hosts through a management system, and allows property owners to see daily reports on the performance of their properties.