Hostaway Becomes First STR PMS Unicorn with $1B Valuation

10/27/2025

Hostaway has become the world’s first short-term rental property management software company to achieve unicorn status, reaching a $1 billion valuation. Growth has been driven by AI investments, including tools for automated guest communications, dynamic pricing, and workflow optimization. The company plans to accelerate global expansion while improving solutions for professional property managers, reflecting the broader professionalization and technological evolution of the STR market, which is projected to grow from $124.5 billion in 2024 to $344 billion by 2034.

Travel Daily News (10/22/25) Tatiana Rokou

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