Hostaway Secures $365M to Drive Global Expansion and AI Innovation
The vacation rental software leader plans to enhance its platform, expand internationally, and invest in AI-driven tools following a major funding round led by General Atlantic.
- Hostaway raised $365 million in a strategic growth investment led by General Atlantic, with participation from PSG Equity, valuing the company at $925 million.
- The funding will support international expansion, particularly in key markets like France, Spain, and Italy, as well as further development of AI-powered tools.
- Hostaway's platform integrates with over 200 marketplace partners, helping short-term rental managers streamline operations, manage listings, and optimize pricing across platforms like Airbnb and VRBO.
- Recent additions to the platform include Dynamic Pricing, Hostaway Capital for property management loans, Hostaway Insurance for rental property coverage, and Smart Lock integrations.
- With over 1 million properties now on its platform, Hostaway has experienced 10x growth since 2023, positioning itself as a leader in the rapidly growing short-term rental industry.