City Relay, a London-based short let property management services firm, has announced the acquisition of OutSwitch.
Built with professional property managers in mind, OutSwitch provides users with both a revenue and operations management system simplified into one platform. OutSwitch will continue to operate as a separate brand to City Relay, led by Maxime Leufroy-Murat, Founder and Chief Executive of City Relay, to develop and expand both businesses.
City Relay is seeing a growing trend for people looking to rent out their homes for the summer season, and OutSwitch is tailored specifically for vacation rental managers, to ultimately help improve yields, achieve their full potential and stay on top of the competition.
This latest business move comes shortly after the company secured substantial investment and follows the recent announcement of the new Shepherds Bush reception space.
Maxime: “Our acquisition of OutSwitch will enable us to further serve our clients to the best of our abilities and provide hosts with a streamlined platform which is not currently offered in the industry. City Relay is committed to providing the highest quality short term let management services and moving forward Outswitch is going to enable us to have our own yield management platform, further supporting us while we continue to grow and evolve.”