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

The Next Web
Siôn Geschwindt @ The Next Web 1 place · 12/18/2024 06:29 EDT

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

Short-term rental platforms like Airbnb have transformed travel. 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. Hostaway is a property management system (PMS) and software marketplace for the short-term rental industry. It will use the cash to.

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