Hostaway secures $365M to cash in on short-term rental boom 

Quick Summary:

They’ve made it easier for tourists to access personalised, private accommodations and for property owners to monetise their spaces.   With global tourism now on track for a full recovery post-COVID, Hostaway has secured a cool $365mn at a $925mn valuation as it looks to cash-in on the boom in short-term rentals.

Short-term rental platforms like Airbnb have transformed travel.

Hostaway is a property management system (PMS) and software marketplace for the short-term rental industry.

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Article Details

Author / Journalist: Siôn Geschwindt

Category: Technology

Markets: NetherlandsCanadaFinlandFranceItalySouth AfricaSpain

Topics: Ecosystems Insider

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 11:29:00 (4 days ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 703 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 24577373

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About The Next Web

Main Topics: Technology

Official Website: thenextweb.com

Year Established: 2006

Headquarters: Netherlands

News Last Updated: 5 days ago

Coverage Areas: Netherlands

Ownership: Independent Company

Publication Timezone: GMT +1:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #13

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