Missafir currently has more than 1,600 homes in its portfolio, which it manages end-to-end short and medium-term rental processes.
Missafir, an Istanbul-based proptech startup that offers homeowners up to 200% more rental income with end-to-end management support and a home-like accommodation experience with 5-star hotel quality, announced the mid-year growth figures for 2022. The figures obtained as a result of the evaluation of growth on the basis of revenue, the number of properties in its portfolio, and the locations it serves show that the startup is already very close to the targets it has set for 2022.
Missafir currently has more than 1,600 homes in its portfolio, which it manages end-to-end short and medium-term rental processes. Missafir, which has added popular locations to its service network, now welcomes its guests in Turkey's biggest cities and the most popular touristic areas Missafir continues to expand the rich product scope that ranges from central apartments to luxury villas, from bungalows in touch with nature to pleasant summer houses, appealing to different budgets and tastes. Moreover, this growth in Missafir's home selection was also reflected in the Missafir Signature Homes segment, the houses, and flats of which Missafir undertakes the whole renovation & design process. The number of Missafir Signature Homes reached 86. For now, the rate of increase in the number of private houses located in the cities of Istanbul, Izmir, and Antalya has reached 1128% compared to the previous year.
In addition to all these, Missafir added new areas in 2022 to the locations where guests can enjoy a perfect accommodation experience. The service network growth of Missafir, which opened to the most-visited touristic locations such as Kaş, Urla, and Karaburun, was observed mainly in the coastal areas. The first stop of the startup's vision of becoming a global brand that adds value to Turkey by expanding abroad was Cyprus last year. Missafir expanded its international service network in the first half of 2022. Today, Missafir, located in 20 cities and more than 80 districts, aims to increase the number of not only local destinations but also international stops by the end of 2022.
Additionally, compared to mid-2021, Missafir's revenue has grown by 1009%. The growth figures of the startup, which experienced a 10-fold increase in revenue in the first half of the year, are not limited to these. Also, Missafir has become a big family of 109 people today. Meanwhile, the number of houses in Missafir's portfolio exceeded 1600. Considering the growth rates that Missafir aims to see by the end of 2022, these numbers and the growth rate show how bright the future of the startup is.
Missafir is on its way to becoming a startup that improves itself every day in order to respond to the changing living standards and trends of the consumer in the new period. You can visit Missafir’s website and Missafir Homes for more detailed information about Missafir’s service areas.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
