From pricing, booking, and management tools to on-demand cleaning, repair, and laundry services, startups serving homeshare hosts are helping to scale short-term property rentals on sites like Airbnb, HomeAway, and Booking.com.
Homeshare startups like Airbnb and HomeAway, as well as major internet travel sites like TripAdvisor and Expedia — which list properties for short-term rental — have grown significantly as a market and source of income for homeowners. Altogether, startups in the travel tech space secured more rounds of private market funding in 2016 than any other year since at least 2012.
Homeowners who manage multiple properties on travel tech platforms like Airbnb are colloquially called “superhosts,” and are a vital component of the homeshare business. The American Hotel & Lodging Association estimated that hosts managing more than one property accounted for more than 40% of Airbnb’s revenue in 2016.
Savvy entrepreneurs and investors have taken note of this market opportunity and created companies that cater to these hosts directly. Following an initial boom of company funding in 2015, several startups have continued to raise and enter the space, providing services as diverse as cleaning and home repair, to complete home listing and rental management.