Navigating the Impact of Climate Change on Global Travel

How is climate change reshaping the travel industry and what does it mean for the future of global tourism? Marcus Räder is co-founder and CEO of Hostaway, the leading all-in-one vacation rental management software. Originally from Finland, Marcus has lived in many countries around the world including Sweden, Poland, and The Netherlands before settling in Canada. It was this passion for travel, real estate and his dedication to learning about the vacation rental ecosystem that enabled the creation of Hostaway. The company quickly grew thanks to the deep technological expertise of its founders, with over a decade of tech start-up success between them. Hostaway gives property managers all the tools needed to compete with hotels and other vacation rentals, including sales channel management, dynamic pricing and hospitality services. It now boasts preferred partnerships with Airbnb, Vrbo and Booking.com, in addition to a marketplace of over 100 integrated software partners. With Marcus at the helm, Hostaway has quickly become one of the leading PMS and Channel Management solutions in the market, growing revenue by 175% in 2023 year-on-year. In May 2023, Hostaway received a $162 million growth investment from growth equity firm PSG to accelerate innovation, enhance its platform and expand its offering through acquisitions.