Rising Interest Rates Are Killing Profits For Hotels and Airbnbs But This AI-Powered Solution Streamlines Operations So Businesses Can Beat The Downturn

The hospitality market has undergone massive changes over the past decade, ranging from the growth of platforms like VRBO to the need for enhanced safety protocols because of the COVID pandemic. 

Jurny — a hardware solutions and software as a service (SaaS) platform for short-term rental owners, hotel owners and property managers — is revolutionizing the way people list, manage and automate multiple properties. Jurny recently launched on Wefunder, which means anyone can invest in Jurny for a limited time.

Click here to invest in Jurny.

Jurny's Highlights

There's a lot to like about Jurny, starting with the fact that its solution is much needed in the hospitality industry. Consider this: Hotels and Airbnb hosts in the United States spend over $355 billion each year in inefficiencies and operational costs alone. 

With that number in mind, it's easy to see how the company has raised $5.5 million in seed capital from venture capital (VC) firms such as Mucker Capital, Okapi Venture Capital, Vitalize Venture Capital, Singularity Capital and SaaS Venture Capital.

Along with the above, Jurny has experienced five times customer growth over the last nine months, achieved $2.2 million in contracted annual recurring revenue in the last month and reduced onboarding from 44 days to a single click. There are more than 2,000 units using the platform.

To stay updated with top startup news & investments, sign up for Benzinga's Startup Investing & Equity Crowdfunding Newsletter

How Jurny Helps

Jurny offers an artificial intelligence (AI)-integrated property management system (PMS) that seamlessly automates the management of short-term rentals for hosts and property managers. 

The new Jurny operating system unifies diverse software capabilities like booking, cleaning schedules, customer service, dynamic pricing and review management, providing a comprehensive solution in a single dashboard.

By integrating smart technology, hosts can control and automate internet-connected devices such as locks and thermostats across their properties.

A deep and direct connection with Airbnb allows hosts to manage every facet of their listings from within the PMS. This includes messaging, reservations, availability, pricing, reviews, modifications and seasonal discounts. The AI tool Nia, which is incorporated into the PMS, enables complete control of Airbnb operations and offers automation options for many of these functions.

Rather than juggling multiple vendors to address distinct operational needs, Jurny's solution harnesses the power of GPT-4 and artificial intelligence to tackle all the challenges that property owners and managers encounter. To join Jurny on its journey and invest, click here.

See more on startup investing from Benzinga:

• Don't just buy from your favorite brands, own them so you own the upside. Learn how Retail Investors Are Taking Stakes In Their Favorite Startups To Own The Upside
• Gamers are selling their old gaming items for millions. Learn why everyday gamers and investors are claiming a stake in their side hustles and how they invested over $1.2 million in this startup.