FINLAND | Hostaway has continued its rise in the travel tech industry, doubling its workforce in the past two years.
Celebrating its 10th anniversary, Hostaway has marked the milestone with continued expansion, reinforcing its European roots while hiring at scale across multiple continents.
Backed by a record-breaking USD 365 million funding round secured in December, the largest ever in the short-term rental space, Hostaway has invested heavily in AI technology and strengthened its all-in-one platform.
STR operators use this platform to manage and grow their businesses in over 100 markets. The investment also established Hostaway as the highest-valued vacation rental software company.
Hostaway’s remote-first work model was key to this success, which eliminated geographical barriers to hiring and enabled the company to recruit top talent worldwide.
Today, its team spans 44 countries, combining local expertise with a global perspective to develop technology that meets the diverse needs of property managers across different markets.
The company received over 52,000 job applications in the past year alone, averaging more than 1,000 new candidates applying weekly. While Hostaway has hired globally, half of this year’s new hires have been in and will continue to be in Europe, reinforcing its commitment to investing in its home continent.
This focus was reflected in the appointment of a new Sales Director for Europe and the hiring of engineering and customer success professionals in France, Spain, Portugal, Italy, and Germany.
Strengthening local expertise was key to adapting Hostaway’s platform to regional challenges and compliance requirements, ensuring it remained the go-to solution for STR operators navigating diverse market needs worldwide.
Hostaway was also recently named one of G2’s Top 100 Fastest-Growing Software Companies, a recognition based on authentic reviews from STR property managers who trust the platform to power their businesses.
However, Hostaway’s expansion isn’t just about numbers; it’s about building a company where everyone has a stake in its success.
Unlike many fast-scaling tech companies, Hostaway has offered every employee equity in the business, no matter their role or where they are based. This commitment fostered alignment, ownership, and long-term dedication across its globally distributed team.
Alongside its growing workforce, Hostaway has doubled down on technology and product development. Its engineering teams have been working on a powerful AI-driven product set to launch later this year.
“Hostaway is growing faster than ever. In just two years, we’ve more than doubled our team, expanded across continents, and secured the largest funding round in vacation rental history. But we’re just getting started. As we celebrate 10 years of success, we’re building on this momentum to scale even further, driving innovation and expanding our impact in the STR industry,” said Marcus Rader, CEO and founder of Hostaway.
“With a remote-first model, we’re bringing together the brightest minds in the industry, no matter where they are, to drive innovation and push the boundaries of what’s possible in STR technology. We’re not just hiring for the sake of growth, we’re investing in people who will help redefine the future of this industry. With our world-class engineering teams leading the way, we’re developing cutting-edge solutions that empower property managers everywhere to run more efficient, profitable businesses.”
Headquartered in Finland, Hostaway provides vacation rental property managers with an all-in-one platform to automate operations and scale their businesses.
