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Hostaway co-founders L to R: Saber Kordestanchi, Marcus Räder and Mikko Nurminen [Credit: Hostaway]

Hostaway expands workforce and boosts investment in AI

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Finland: All-in-one vacation rental software and management system, Hostaway, has marked its ten-year anniversary by growing its team and expanding hiring internationally.  

Over the past two years, the company has doubled its workforce and expanded hiring across multiple continents, particularly in Europe.

Following a $365 million [£289 million] strategic growth investment round in December, Hostaway has invested in AI technology and enhancements to its property management platform, which serves operators in over 100 markets.

Hostaway has also adopted a remote-first model, enabling global hiring and a presence in 44 countries.

The software provider said that it had received more than 52,000 job applications in the past year, with European hires making up half of the company’s recent expansion, including roles in sales, engineering, and customer support.

The company is also investing in AI-driven tools, with new product launches expected later this year. Hostaway was recently listed among G2’s Top 100 Fastest-Growing Software Companies, based on reviews from STR property managers.

Hostaway CEO Marcus Räder said: “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 will empower property managers everywhere to run more efficient, profitable businesses.

“AI-driven technology and best-in-class support is the future of STR management, and we’re building it now,” he added.

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