Get a quote

Get an instant insurance quote

Get an instant quote
search icon
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Close icon

Sorry, we couldn't find ''.

Please check the spelling, try clearing the search box, or try reformatting to match these examples:

Address: 123 Main St San Francisco, CA
Market: Dallas-Fort Worth
Zip: 75204
City: Dallas

Note, if an address wasn't found, it's likely because we only support active listings on the market in our service area or that we haven't yet analyzed data for that home.

Check Out: Kissimmee, Gatlinburg, San Diego
Get an instant quote
search icon
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
search
Item
Locations
90292
Zip Code
Close icon

Sorry, we couldn't find ''.

Please check the spelling, try clearing the search box, or try reformatting to match these examples:

Address: 123 Main St San Francisco, CA
Market: Dallas-Fort Worth
Zip: 75204
City: Dallas

Note, if an address wasn't found, it's likely because we only support active listings on the market in our service area or that we haven't yet analyzed data for that home.

We independently review everything we recommend. When you buy or sign up through our links, we may earn a commission. Learn more
Get Airbnb insurance

Get a free quote and coverage for your investment.Learn more

  • checkmark
    Coverage for Airbnb
  • checkmark
    Save money on your coverage
  • checkmark
    No calls or hassle
Get a Free Quote
Get landlord insurance

Get a free quote and coverage for your investment.Learn more

  • checkmark
    Coverage for rental property
  • checkmark
    Save money on your coverage
  • checkmark
    No calls or hassle
Get a Free Quote
Become a better host and investor in just 5 minutes

Get the daily newsletter that makes learning about real estate investing fun. Stay informed and engaged, for free.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Property Management

Get your Airbnb managed by the best in the industry. Learn more

Get your rental property managed by the best in the country. Learn more
  • star icon
    4.8 Investor Rating
  • 40 000+ Properties
  • Staring at 5%
Schedule a call
Schedule a Call
Schedule a Call
Property Management

Get your Airbnb managed by the best in the industry. Learn more

Get your Airbnb managed by the best in the industry. Schedule a call
  • checkmarkstar icon
    4.8 Guest Rating
  • checkmark
    5-15 min Guest Response Time
  • checkmark
    10% of Monthly Revenue
Schedule a Call
Schedule a Call

Table of contents

Cap rate calculator
The cap rate calculator is used to understand and compare the potential return on investment from an investment property.
Enter the current market value or purchase price of the property. This is the basis for determining the capitalization rate.
Input the total yearly income generated by the property, including rent, fees, and any other sources of revenue, before expenses.
Input the percentage of annual gross income that represents the property's total operating expenses. This is an alternative way to represent operating expenses if the exact dollar amount is unknown.
Enter the annual dollar amount of all costs associated with managing and maintaining the property, such as utilities, taxes, insurance, and repairs.
Input the estimated percentage of time the property is unoccupied or not generating income. This accounts for potential income loss due to vacancies.
This field displays the calculated yearly income after subtracting operating expenses and adjusting for vacancy rate. This figure is used to determine the capitalization rate and evaluate the property's potential return on investment.
Calculate cap rate
0%
ResourcesseparatorProperty Management

Lodgify vs Hostaway: Which STR Property Management System Is Right for You?

Key takeaways

Lodgify vs Hostaway: Which STR Property Management System Is Right for You?

Lodgify and Hostaway are both property management systems designed for vacation rental operators who self-manage — but their core philosophies differ. Lodgify prioritizes direct bookings and your own branded website. Hostaway prioritizes channel management and operational automation across Airbnb, VRBO, and other OTAs. The right choice depends on how you want to generate bookings and run your operation. For hosts considering professional management instead, see Awning's full-service vacation rental management.

Lodgify: Direct Booking Website + PMS

Lodgify's defining feature is their website builder — they make it easy to create a professional direct booking website for your vacation rental, reducing dependency on Airbnb and VRBO. They also offer channel management, booking management, and basic operations tools, but the website and direct booking engine is their competitive differentiator.

Lodgify's Strengths:

•        Best-in-class direct booking website builder for vacation rentals

•        Payment processing and booking engine built in

•        Good channel synchronization with Airbnb, VRBO, and Booking.com

•        Reasonable pricing — starts at ~$13/month for 1 property

•        Good for hosts who want to build a brand and reduce OTA dependency

Lodgify's Limitations:

•        Weaker operations automation than Hostaway

•        Less robust channel management for operators distributing across 10+ channels

•        Financial reporting and owner portals less developed than Hostaway

Hostaway: Channel Management and Operations at Scale

Hostaway is a full PMS focused on helping property managers distribute across as many channels as possible and automate the operations that follow. Their strength is in the breadth of channel connections, the depth of automation, and the operational workflow tools they provide for growing property management businesses.

Hostaway's Strengths:

•        40+ channel connections with active synchronization

•        Strong automation: guest messaging, task management, cleaner coordination

•        Owner portal and financial reporting for professional property managers

•        Wide integration ecosystem — PriceLabs, Wheelhouse, Stripe, and more

•        Better suited for 5+ property operations

Hostaway's Limitations:

•        No direct booking website builder (requires third-party or custom site)

•        Higher price point than Lodgify for small portfolios

•        More complex to set up and configure

When to Choose Each

Your Situation Best Choice
Want a direct booking website as primary channel Lodgify
Managing 5+ properties across multiple OTAs Hostaway
Early-stage — 1-2 properties, simple setup Lodgify
Professional property manager needing owner portals Hostaway
Want to reduce Airbnb dependency long-term Lodgify
Need deep operations automation Hostaway
Want to eliminate self-management entirely Awning full-service management

Both platforms work best when combined with a dynamic pricing tool. Use Awning's Airbnb market data to understand demand patterns in your market, and the income estimator to project what professional management would deliver compared to self-management.

📎  Related Resources

Airbnb Market Data — Know Your Market

Airbnb Income Estimator

Awning Airbnb Marketing Service

Awning Full-Service Management

RedAwning Portfolio Management

Compare self-management to full-service →

Airbnb Management Company
Listings
Average Review Score
[Property manager name]
555
4.5
stars light
stars dark
RECOMMENDED
Awning Property Management
Learn More

FAQ

No items found.

Become a better host and investor in just 5 minutes

Get the daily newsletter that makes learning about real estate investing fun. Stay informed and engaged, for free.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.