Toronto-based vacation rental startup Hostaway has raised $175 million in a funding round to revolutionize the travel industry.
PSG Equity led the all-equity investment, which will fuel Hostaway’s global expansion and enhance its vacation rental management technology.
The startup offers a comprehensive platform with over 40 functions, including property management, marketing tools, channel management, accounting software, and more.
Hostaway aims to be a one-stop shop for property managers’ needs, and it has already gained significant traction with over 100,000 managed properties in 100 countries.
This funding marks a major milestone for Hostaway as it continues to reshape the future of travel and accommodations.
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