Airbnb property management startup Hometime acquires Hey Tom - Startup Daily

Google News - STR Property Management
Published: October 19, 2018
Hosting Operations

Summary

The Airbnb property management startup, Hometime, acquired Hey Tom. This acquisition signals consolidation within the STR property management sector, potentially offering more integrated services to hosts. It could also lead to changes in operational efficiencies and market dynamics, impacting how hosts manage their listings and guest experiences.

Key Insights

  • The acquisition of Hey Tom by Hometime signals a trend of consolidation within the property management sector.

Action Items

  • Consider the potential impact of this acquisition on your current property management strategy, and evaluate if this will affect your choice of property management tools.
    Effort: low
    Impact: medium

Tools & Resources

  • Hometime: The article mentions Airbnb property management startups like Hometime and Hey Tom.(hometime.com)
  • Hey Tom: The article mentions Hey Tom as an acquired entity.

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