Startups and companies in this list are selected for exceptional performance in innovation, growth, societal impact and management.

Many hosts are turning to midterm or long-term accommodation options as demand for short-term lodging plummets.

Hostfully, a San Francisco-based startup that helps professional short-term rental property managers maximize distribution and guest experience, has raised $4 million in a seed funding round, bringing its total funding to date to $7 million.

Brian Chesky, the chief executive, acknowledged tensions with hosts but said the relationship had improved over the last year.

David Jacoby, president of Hostfully, which helps professional short-term rental property managers maximize distribution and guest experience, is the latest to offer his insights on generative AI and its impact on the travel industry.

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This week, end-to-end property management platform Hostfully released its latest local recommendations report, and in this feature, co-founder David Jacoby and his team reveal its significance to the space to ShortTermRentalz.

Hostfully co-founder and CEO, Margot Schmorak said; “Operto's expertise in IoT and device management will bring tremendous value to Hostfully Property Management Platform users."

Hostfully is revolutionizing guest communication with the launch of InboxAI, a tool that reduces the time property managers spend on guest inquiries.

“Overall, this year’s findings paint a picture of a market adjusting to broader economic headwinds,” Hostfully said in its report.