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HostawayTechCrunch
•Technology
Technology
77% Informative
Hostaway has closed a round of $365 million at a post-money valuation of $925 million .
New investor General Atlantic is leading the round, with previous backer PSG Equity also participating.
The company develops software for vacation rental operators to manage listings, bookings and communication across third -party sites like Airbnb and VRBO .
The short term rental industry is inherently a very fast-growing industry by virtue of people’s preferences.
But with more supply coming online, inevitably there will need to be more professionalization” coming into the frame.
“OTAs cannot serve the property manager from end to end,” says General Atlantic MD Raph Osnoss .
VR Score
74
Informative language
69
Neutral language
65
Article tone
informal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links
