Automatic - 10 Minutes News for Hoteliers - Page 143

Veranó Hotels + Resorts Appoints Pierre-Alex Maillard as Area General Manager

🏨 In San Juan, Puerto Rico, on December 19, 2024, VERANÓ Hotels + Resorts named Pierre-Alex Maillard Area General Manager of their new luxury lifestyle hotel, VERANÓ San Juan. Maillard, with 20 years in luxury hospitality, previously led Hyde Midtown Miami to a top TripAdvisor ranking and managed Serafina Beach Hotel. VERANÓ San Juan boasts design-forward social spaces, luxurious Ó suites, a rooftop restaurant, and exclusive club memberships. Maillard's role will be vital in VERANÓ's expansion, including upcoming properties at Caimito and Cabo Rojo.

4 min

Square Partners with Sysco

📱 Hostaway, a vacation rental software company, secured a $365 million investment led by General Atlantic with PSG Equity's participation. Since its 2015 founding by Marcus Räder, Saber Kordestanchi, and Mikko Nurminen, Hostaway has grown to manage properties in over 90 countries with a 230-employee remote workforce across 44 countries. It offers integrated property and channel management, AI tools, and automation, with over 200 marketplace partners. The investment will fuel further growth, AI development, and international expansion, especially in France, Italy, and Spain. The short-term rental market is a $133 billion GMV sector, growing at a 12% CAGR, with Hostaway positioned as a market leader. William Blair and Cambon Partners were financial advisors for the deal.

Hostaway Announces $365 Million Strategic Growth Investment Led by General Atlantic

💰 Hostaway, a vacation rental software company, received a $365 million investment from General Atlantic and PSG Equity, becoming significant minority shareholders. Founded in 2015, Hostaway serves properties in 90 countries with over 230 employees in 44 countries. It offers a platform with over 200 marketplace partners and has top partnership designations from Airbnb, VRBO, and Booking.com. The company aims for international growth and AI development. The short-term rental market is a $133 billion GMV industry, growing at 12% CAGR.

4 min

Americans Set Their Sights on Travel in 2025 as Budgets and Loyalty Soar

📌 Hostaway, a vacation rental software and management system, has received a $365 million investment led by General Atlantic with PSG Equity also participating. Founded in 2015, Hostaway operates in over 90 countries with a fully remote team of over 230 employees from 44 countries. The company has partnerships with top travel agencies including Airbnb, VRBO, Booking.com, and has recently launched Dynamic Pricing, Hostaway Capital, Hostaway Insurance, and Smart Lock integrations. The short-term rental market is valued at $133 billion and has grown at 12% CAGR over the last decade. Hostaway plans to use the funds for international expansion, product development, and AI initiatives.

4 min

HBX Group launches an AI ‘Trainer’ to Streamline and Optimize Training for Customer Service Professionals

📌 Hostaway, a vacation rental software provider, has landed a $365 million strategic growth investment led by General Atlantic with PSG Equity participating. The company, founded in 2015, boasts over 200 marketplace partners, clients in 90+ countries, and a remote workforce of 230+ employees across 44 countries. The investment will support international expansion, product development, and AI initiatives. Hostaway has tripled in growth since PSG Equity's backing in 2023 and plans to expand in markets like France, Spain, and Italy. The short-term rental sector is valued at $133 billion, with a 12% CAGR over the last decade. General Atlantic and PSG Equity will become significant minority shareholders post-deal, marking the largest transaction in Hostaway's market segment.

AiPMS Now Available to Boutique Hotels

🏠 Hostaway, a vacation rental software company, has obtained a $365 million investment from General Atlantic with PSG Equity's participation. Since its 2015 inception by Marcus Räder, Saber Kordestanchi, and Mikko Nurminen, the company has grown to serve properties in over 90 countries with a workforce of 230 employees across 44 countries. The platform boasts 200+ marketplace partners and key API integrations. This marks Hostaway's largest transaction, set to fuel international growth, product enhancement, and AI advancements. The short-term rental sector, valued at $133 billion with a 12% CAGR over the last decade, comprises over 21 million properties worldwide. Hostaway aims to expand, particularly in France, Italy, and Spain, leveraging this investment.

4 min

Visito Surpasses 2 Million Guest Interactions

🏨 Hostaway, all-in-one vacation rental software, received a strategic growth investment of $365 million led by General Atlantic, with PSG Equity participating, becoming significant minority shareholders. Founded in 2015, Hostaway has over 230 employees in 44 countries, serving customers with properties in over 90 countries. With 200+ marketplace partners, it offers property management, channel management, AI, automation, analytics, communication, marketing, and operations tools. The short-term rental sector is valued at $133 billion, growing at 12% CAGR. Hostaway is expanding, especially in France, Spain, and Italy.

4 min

AI-Powered Hotel to Debut at CES 2025

📈 Hostaway, a vacation rental software company, secured a $365 million investment led by General Atlantic with PSG Equity participation. Founded in 2015, it supports properties in over 90 countries and employs over 230 people across 44 countries. Hostaway is the first company to earn the highest partnership designations from Airbnb, VRBO, and Booking.com, and aims to grow further, especially in France, Spain, and Italy. The short-term rental market is valued at $133 billion and growing at a 12% CAGR, serving over 21 million properties globally.

How Europe’s DMA Is Changing Hotel Marketing on Google

💰 Hostaway, an all-in-one vacation rental software founded in 2015, has secured a $365 million investment led by General Atlantic with PSG Equity's participation. The company, having over 230 employees across 44 countries, manages properties in over 90 countries and offers over 200 marketplace partners. The investment will support Hostaway's international expansion, product development, and AI initiatives, making General Atlantic and PSG Equity significant minority shareholders. Hostaway is recognized by Airbnb, VRBO, and Booking.com and intends to expand in France, Italy, and Spain, leveraging the growing $133 billion GMV short-term rental market.

Flexa, Nighthawk Wallet Integrate

🏠 Hostaway, a vacation rental software, secured a $365 million investment led by General Atlantic with PSG Equity participation. Founded in 2015, Hostaway operates in over 90 countries with 230 employees across 44 countries. It is the first to earn top partnership designations from Airbnb, VRBO, and Booking.com. The short-term rental sector is a $133 billion market, growing at a 12% CAGR. Hostaway will use the funding for international expansion, product development, and AI initiatives.

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