Google Travel

Hostaway Announces $175 Million Strategic Growth Investment Led By PSG

Retrieved on:

Wednesday, May 31, 2023

Hostaway, a leading all-in-one vacation rental software and management system, today announced a $175 million capital raise.

Key Points:

Hostaway, a leading all-in-one vacation rental software and management system, today announced a $175 million capital raise.
The funding represents the largest in the sector to date and was led by PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth.
Hostaway has increased its revenues by more than 10 times since 2021 and achieved strong profitability alongside its growth profile.
We look forward to partnering with Hostaway in this new exciting chapter.”
Vista Point Advisors, a San Francisco-based boutique investment bank, served as the exclusive financial advisor to Hostaway.

RedAwning Announces the Acquisition of Lexicon Travel Technologies

Retrieved on:

Thursday, November 17, 2022

Marketing, PMS, Google Travel, Policy, Travel, Marriott International, Lexicon, Automation, Booking.com, Acquisition, Hotel, Expedia

Petaluma, Nov. 17, 2022 (GLOBE NEWSWIRE) -- RedAwning, the only complete marketing, distribution, reservations and hospitality platform for property managers in North America, today announced the acquisition of the business and client base of Lexicon Travel Technologies, the best performing channel manager in the US.

Key Points:

Petaluma, Nov. 17, 2022 (GLOBE NEWSWIRE) -- RedAwning, the only complete marketing, distribution, reservations and hospitality platform for property managers in North America, today announced the acquisition of the business and client base of Lexicon Travel Technologies, the best performing channel manager in the US.
As I got to know the RedAwning platform, I realized they have already solved many of the technical challenges Lexicon has been facing.
RedAwning presents one of the world's largest collections of vacation properties to guests wherever they shop for travel.
RedAwning also operates exclusive vacation property booking websites, including RedAwning.com for travelers, and RedAwning TravelPro, which enables 20,000 travel agents to book vacation properties.

Second Home Management Announces Entry Into Short Term Rental Property Management

Retrieved on:

Thursday, October 20, 2022

Second Home Management (SHM) is seeking to acquire property managers throughout the United States with strong local brands and passionate local teams, who pride themselves on providing great hospitality experiences to guests.

Key Points:

Second Home Management (SHM) is seeking to acquire property managers throughout the United States with strong local brands and passionate local teams, who pride themselves on providing great hospitality experiences to guests.
Second Home Management will be available to meet property managers at the RedAwning booth #224 at the upcoming Vacation Rental Managers Association Annual Conference.
Property Management business owners seeking to reach Second Home Management to inquire about possible strategic options can contact Misha Berman, VP, Acquisitions, at [email protected] or [phone].
Second Home Management was founded in 2022 to grow a leading multi-destination property management company with a key focus on local service and hospitality unmatched by other multi-destination management companies.

RedAwning Expands Exclusive Property Partnerships Throughout North America

Retrieved on:

Thursday, October 20, 2022

At RedAwning we firmly believe that hospitality is delivered locally, and having passion in local communities is what ultimately makes vacation rental travel a joy for guests, said Tim Choate, Founder & CEO of RedAwning.

Key Points:

At RedAwning we firmly believe that hospitality is delivered locally, and having passion in local communities is what ultimately makes vacation rental travel a joy for guests, said Tim Choate, Founder & CEO of RedAwning.
RedAwning presents one of the world's largest collections of vacation properties to guests wherever they shop for travel.
With over 15,000 properties represented on behalf of thousands of independent and professional hosts, RedAwning covers virtually every leisure destination in North America, and includes a comprehensive layer of exclusive services and support with every stay.
RedAwning also operates exclusive vacation property booking websites, including RedAwning.com for travelers, and RedAwning TravelPro, which enables 20,000 travel agents to book vacation properties.

RedAwning to Make Select RedAwning Homes Available to Marriott Bonvoy Members and Guests Through Homes & Villas by Marriott International

Retrieved on:

Wednesday, August 3, 2022

Emeryville, CA, Aug. 03, 2022 (GLOBE NEWSWIRE) -- RedAwning.com, the leading hospitality platform for short-term rentals, today announced that select RedAwning homes across North American destinations will now be available to Marriott Bonvoy members and guests for reservations with cash or points through Marriott Bonvoys home rental platform, Homes & Villas by Marriott International.

Key Points:

Emeryville, CA, Aug. 03, 2022 (GLOBE NEWSWIRE) -- RedAwning.com, the leading hospitality platform for short-term rentals, today announced that select RedAwning homes across North American destinations will now be available to Marriott Bonvoy members and guests for reservations with cash or points through Marriott Bonvoys home rental platform, Homes & Villas by Marriott International.
Homes & Villas by Marriott International is a global home rental offering launched in 2019 by Marriott International with a vision to bring Marriotts 95+ years of hospitality expertise to the home rental market.
Since Marriott International launched Homes & Villas in 2019, weve been seeking to join our high-quality experience for hosts and guests with Marriotts industry-leading audience of travelers.
To learn more about Homes & Villas by Marriott International, visit https://homes-and-villas.marriott.com/
RedAwning is the short-term rental industrys only complete marketing, distribution, reservations, and hospitality platform.

Leading Automotive Digital Logistics Marketplace, Autosled, Secures Series A Funding and Board of Directors

Retrieved on:

Wednesday, March 9, 2022

Autosled, the modern automotive digital logistics marketplace, announced that it has completed its Series A funding round and established its Board of Directors.

Key Points:

Autosled, the modern automotive digital logistics marketplace, announced that it has completed its Series A funding round and established its Board of Directors.
Autosled has confirmed the closing of a $5 million Series A round as the company continues its mission to revolutionize the automotive transport marketplace.
Lyndon personally witnessed the widespread logistical issues within Automotive with the launch of the Tesla Model 3.
In addition to completing its Series A round, Autosled has appointed John Stewart to the board of directors.

Leading Automotive Digital Logistics Marketplace, Autosled, Secures Series A Funding and Board of Directors

Retrieved on:

Wednesday, March 9, 2022

ROCKVILLE, Md., March 9, 2022 /PRNewswire-PRWeb/ --Autosled, the modern automotive digital logistics marketplace, announced that it has completed its Series A funding round and established its Board of Directors.

Key Points:

ROCKVILLE, Md., March 9, 2022 /PRNewswire-PRWeb/ --Autosled, the modern automotive digital logistics marketplace, announced that it has completed its Series A funding round and established its Board of Directors.
Autosled has confirmed the closing of a $5 million Series A round as the company continues its mission to revolutionize the automotive transport marketplace.
Lyndon personally witnessed the widespread logistical issues within Automotive with the launch of the Tesla Model 3.
In addition to completing its Series A round, Autosled has appointed John Stewart to the board of directors.

RedAwning’s Brand Drives 87% Lift in Bookings on Vrbo and Materially Outperforms Other Top Brands on Airbnb

Retrieved on:

Wednesday, February 2, 2022

Awareness, Growth, CEO, Collection, Marketing, Travel, GLOBE, Industry, Google Travel, Booking.com, CA, Hotel, Online shopping, Tourism, Q4, Expedia, Airbnb

This very high impact result was produced through a combination of 66% more reservations for the test group with a higher average booking value than the control group.

Key Points:

This very high impact result was produced through a combination of 66% more reservations for the test group with a higher average booking value than the control group.
The test group also achieved 15% higher searches and benefited from a 53% improvement in the view to book ratio (booking rate for guests who view the property page).
We literally make more money for the property managers and individual hosts we partner with than any other industry provider.
RedAwning is one of the largest single U.S. vacation rental suppliers to every major travel website, including Booking.com, Expedia, Vrbo, Airbnb, and Google Travel.

RedAwning Announces Industry Leading Dynamic Rates with Host Control Integrated Into Its Full Service Marketing, Distribution, and Reservations Platform

Retrieved on:

Wednesday, September 29, 2021

Marketing, GLOBE, Booking.com, Collection, Â, Pricing, Google Travel, Travel, Tourism, Hotel

This combination has led RedAwning to industry-leading daily rates and occupancy, while maintaining host control of how their property is priced.

Key Points:

This combination has led RedAwning to industry-leading daily rates and occupancy, while maintaining host control of how their property is priced.
Any host or property manager not leveraging true dynamic rates, updated at least daily, is missing out on a significant revenue and earnings opportunity.
That can lead to higher occupancy at lower rates, instead of higher occupancy at higher rates which is RedAwnings model.
Now weve taken things one step further by empowering each host with total control of their rates.

RedAwning Announces Industry Leading Short Term Rental Performance Results, 24% Ahead of the Industry

Retrieved on:

Tuesday, August 24, 2021

Industry, Growth, GLOBE, Pigeon Forge, Tennessee, Business, Booking.com, Travel, CO, Google Travel, ADR, Marketing, Business development, Season, Collection, Shoulder, Tourism, Hotel

Emeryville, Aug. 24, 2021 (GLOBE NEWSWIRE) -- RedAwning, the only complete marketing, distribution, reservations, and hospitality meta platform for short term rentals, today announced industry leading mid-year performance results for the first half of 2021.

Key Points:

Emeryville, Aug. 24, 2021 (GLOBE NEWSWIRE) -- RedAwning, the only complete marketing, distribution, reservations, and hospitality meta platform for short term rentals, today announced industry leading mid-year performance results for the first half of 2021.
Also, RedAwning ADR and Revenue Growth rates exceeded the industry in 18 of RedAwnings top 20 destinations.
The estimates, which are based on comparable rental properties, seasonal trends, and occupancy projections, have become an industry standard.
RedAwning also operates exclusive vacation property booking websites, including RedAwning.com for travelers, and RedAwning TravelPro, which enables 20,000 travel agents to book vacation properties.