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GetYourGuide

GetYourGuide

GetYourGuide is a travel booking and planning platform.

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Contents
Overview

GetYourGuide is a travel booking and planning platform. GetYourGuide was founded in 2009 by Johannes Reck, Martin Sieber, Tao Tao, and Tobias Rein. The company is headquartered in Berlin, Germany, and operates additional offices in fourteen other countries.

History

GetYourGuide was founded in 2009 after cofounders Reck, Sieber, Tao, and Rein traveled to Beijing, China, together on a school trip and were unable to source a good tour guide to help navigate their way through the city.

In August 2018, GetYourGuide began offering its own branded tours called Originals. The company formed marketing partnerships with local activity operators in various areas to run Originals tours. The operators were required to follow GetYourGuide's best tour practices in order to be labeled as a GetYourGuide branded tour.

GetYourGuide was affected by the Covid-19 pandemic in 2020 when lockdowns and border closures across the globe affected the world's ability to travel. As a result of the pandemic, GetYourGuide's ticket booking numbers fell by 99 percent. Despite the severe downfall in revenue, the company had enough funds saved up to continue running. In March 2020, CEO Johannes Reck stated that the majority of GetYourGuide's most recent $484 million funding round was still available.

In May 2020, GetYourGuide released its "Beat the Crowds" feature, available through its mobile app. The software behind the feature uses sensors to measure real-time occupancy levels and waiting times at businesses. In February 2021, GetYourGuide received $97 million in a revolving credit facility due to the drop in revenue caused by Covid-19. CFO Nils Chrestin stated, “The company is very well capitalized and fully funded to profitability. Even if the current travel volume stayed like this for three years, we would not run out of capital."

GetYourGuide's Originals Tours ended in November 2022 and were set to be reintroduced in the future with a different approach. Originals launched again in March 2023 as an exclusive collection of one-of-a-kind experiences only available through GetYourGuide. The company also launched its first global campaign called "Make Memories."

Platform

Through GetYourGuide, travelers can make bookings for various activities in the area of their destination, such as guided tours, classes, culinary excursions, and skip-the-line tickets. Users typically book between three and five activities per trip. As of 2023, over 75,000 activities are offered, and more than 80 million activities have been booked through the platform.

Timeline

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Further Resources

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References

getyourguide.de
getyourguide.com
getyourguide.fr
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Tourism
Tourism
Travel
Travel
Location
Berlin
Berlin
-1
Zürich
Zürich
-1
Germany
Germany
-1
B2X
B2C
B2C
CEO
Johannes Reck
Johannes Reck
-1
Founder
Johannes Reck
Johannes Reck
-1
Martin Sieber
Martin Sieber
-1
Tao Tao (entrepreneur)
Tao Tao (entrepreneur)
-1
Tobias Rein
Tobias Rein
-1
AngelList URL
angel.co/getyourguide
Pitchbook URL
pitchbook.com/profiles.../55889-47
Legal Name
GetYourGuide Deutschland GmbH-1
Number of Employees
600-1
Full Address
Sonnenburger Straße 73 Berlin, Berlin 10437, DE-1
Investors
‌
Karen Hanton
Heartcore Capital
Heartcore Capital
Spark Capital
Spark Capital
SoftBank Vision Fund
SoftBank Vision Fund
Korelya Capital
Korelya Capital
Highland Europe
Highland Europe
PROfounders Capital
PROfounders Capital
Lakestar
Lakestar
-1
...
Founded Date
2009
-1
Total Funding Amount (USD)
1,068,548,800
Latest Funding Round Date
May 31, 2023
Competitors
TripAdvisor
TripAdvisor
Peek (company)
Peek (company)
Viator (company)
Viator (company)
KKday
KKday
Klook
Klook
Business Model
Transaction processing / marketplace
Glassdoor ID
695237
CTO
Udi Nir
Udi Nir
-1
CFO
Nils Chrestin
Nils Chrestin
-1
Latest Funding Type
‌
Series F round
Latest Postmoney Valuation
2,000,000,000
COO
Tao Tao (entrepreneur)
Tao Tao (entrepreneur)
-1
Wellfound ID
getyourguide
ChatGPT Plugin URL
llmsearch.gygservice.com/op...pi.json
Country
Germany
Germany
-1
Switzerland
Switzerland
-1
Headquarters
Berlin
Berlin
-1

Other attributes

Blog
getyourguide.careers/blog
Company Operating Status
Active
Contact Page URL
getyourguide.com/contact/
Postmoney Valuation
1,000,000,001
Latest Funding Round Amount (USD)
194,000,000
Partner Organizations
Booking.com
Booking.com
-1
Rezdy
Rezdy
-1
bookingkit
bookingkit
-1
Ethiopian Airlines
Ethiopian Airlines
-1
EasyJet
EasyJet
-1
Immfly
Immfly
-1
Public/Private
Private-1
Wikidata ID
Q16839994

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