Helsinki-based Hostaway raises €164 million to expand its leadership in the rebounding vacation rental sector

Is in this specific scenario that Hostaway, a Finnish leading all-in-one vacation rental software and management system, is announcing a €164 million capital raise. “We are thrilled to partner with PSG, as we continue to elevate the vacation rental industry and unlock value for property managers beyond what had been thought possible,” says Marcus Rader, CEO and Co-Founder of Hostaway. “We have operated with incredible speed and efficiency, balancing growth with our current strong profitability, and this investment represents a significant milestone in our journey toward global market leadership. The opportunities are endless!” “We are impressed with the quality of the Hostaway team, their vision and execution in building what is, in our view, a highly differentiated category leader with multiple levers of value creation,” says Edward Hughes, Managing Director at PSG. “We believe the company has a significant opportunity to lead this industry, as it continues to scale its integrated platform, expand globally and help its customers meet the growing demand in the short-term rental market.