is set to become a R100 million company.Founded in 2015, Alimama Spaces is a start-up company that offers accommodation through platforms such as Airbnb, Trivago and Booking.com.
He notes the business is aiming for 500 listings over the next three years. “At that time, we will really be having conversations about listing Alimama Spaces on the JSE, depending on the regulatory framework and requirements at the time.”Manson explains that Alimama Spaces’ growth is due to latest technology trends that drive shared economy business models that help the firm to understand customers’ behaviour and provide them with exactly what they want, where they want it and how they want it.
According to Manson, the company now has 30 employees. “As and when demands arise, we supplement with additional staff from shared economy platforms like Sweep South. We are anticipating staff complement to reach 100 by the time we get to 500 listings.” “Alimama Spaces still doesn’t and will never have offices. All staff members work from anywhere, anytime.”
“What’s key is for the platform to continuously adapt, cater and scale as the business grows across different markets. New property acquisitions will at some point flatten and we will be on-boarding managed properties as the growth engines. After all, there is only so many properties one person can own.