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Hostarea

Hostarea Revenue

Software DevelopmentFlag of PTSanto António, Madeira Island, Portugal1-10 Employees

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Hostarea revenue & valuation

Annual revenue$85,555
Revenue per employee$86,000
Estimated valuation?$273,776
Total fundingNo funding

Key Contact at Hostarea

Flag of PT

Olya Timoshina

Co-Founder at HOSTAREA

Company overview

HeadquartersCampus da Penteada, Funchal, 9020-105, PT
Website
Employees1-10

About Hostarea

Hostarea is a modular cloud-based service for vacation property management. Hostarea's users are both hosts and laborers. Hosts will have access to a consolidated accommodation calendar, dashboard, hospitality-support services marketplace, CRM, and integrations with booking services. Workers will get a place to search and manage orders. Our product will have solutions for organizing the check-in and check-out process, property maintenance (cleaning, laundry, plumber, electrician, handyman, insect removal, and so on), insurance, and tax and legal paperwork. We use technological solutions such as RPA, AI, and machine learning to automate these processes. An important advantage of the platform will be the opportunity for real estate investors to change their business model from the less profitable long-term rental to the more profitable use of properties as a hotel. The complexity and cost of time usually stop owners from the more lucrative but significantly messier short-term rentals model. Our project involves the creation of three basic elements. The first is the control and automation elements for the main business processes. The second is a community of investors (owners) and helpers. The third is the base of competition and knowledge. Our project will need to use local property management and cleaning services. At the first stage, we plan to select the most significant tourist locations in Portugal, but next, it has to be worldwide. In the future, our project should become a marketplace offering tourist property management services and job offers in the global market. Hosterea will connect not only cleaning and laundry services, plumbers, electricians, handymen, pest control, insurance, tax, and legal paperwork services with the owners, but all professionals on the market in the globe.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Founder/Owner

Employees by Department

Hostarea has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

Hostarea has never raised funding before.

Frequently asked questions

Hostarea is located in Santo António, Madeira Island, PT.
Hostarea generates an estimated annual revenue of $85,555. This revenue figure reflects the company's market position and business performance in its industry.
Hostarea has an estimated valuation of $273,776. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Hostarea has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

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