Let's talk & chat!
[Credit: Hospitable]
[Credit: Hospitable]

Hospitable introduces integrated owner payment feature, claiming industry first

Twitter
Facebook
LinkedIn
Email
Go to your saved post page
Reading Time: < 1 minute

US: Property management software provider Hospitable has added a new Owner Payouts feature to its property management software, enabling managers to pay property owners directly through the platform. The company claims it is the first PMS in the short-term rental sector to offer fully integrated owner payments as a native feature.

The update links payouts to the finalised owner statements generated within Hospitable. Once a statement is published, the platform issues the payment automatically, with managers and owners able to connect bank accounts through a verification process and track the status of transfers.

The tool is designed to reduce the manual calculations and administrative work that typically accompany owner payments, an area where many operators still rely on spreadsheets or external software.

Owner Payouts sits alongside Hospitable’s wider suite of owner-facing functionality, including accounting tools, expense management, profit and loss reporting, a QuickBooks integration, and branded owner portals offering live performance data.

Pierre-Camille Hamana, CEO and founder of Hospitable, said the company focused on simplifying a process that becomes increasingly time-consuming as portfolios grow.

The feature is available on the Mogul plan and currently supports bank accounts in the United States, the United Kingdom, and Australia, with additional markets planned.

Highlights:

  • Hospitable launches integrated owner payment tool
  • Company claims to be the first PMS offering fully native owner payouts
  • Payments tied to owner statements to reduce manual processing
  • Part of broader expansion of owner-management tools
  • Available in the US, UK and Australia, with more regions to follow

Be in the know.

Subscribe to our newsletter »

  • Short Term Rentalz is part of International Hospitality Media. By subscribing, periodically we may send you other relevant content from our group of brands/partners.