Property Management
Hostaway
All-in-one vacation rental software for professional hosts
The automation layer for operators scaling past 10 listings
Contact sales • No free trial
Comparison
Pricing, pros and cons, and buyer-fit side-by-side. Pick the one that matches your operation — or see why neither should.
Property Management
All-in-one vacation rental software for professional hosts
The automation layer for operators scaling past 10 listings
Contact sales • No free trial
Property Management
Affordable per-property vacation rental management with strong channel coverage
Strong feature-to-price ratio for budget-conscious property managers
From $14.99/listing • 14-day trial
Pick Tokeet if you want transparent $14.99/listing/mo pricing, no booking fees, no sales call, and enough PMS capability to run 3–50 listings. Pick Hostaway if you run 10–100 listings and need preferred-partner status with Airbnb, Vrbo, AND Booking.com simultaneously, 300+ integrations, and a more polished mobile app — and you're willing to go through quote-only pricing with $100–$500 setup fees.
Editorial perspective from the Tokeet side; factual claims about Hostaway are drawn from its review.
Contact sales • No free trial
Standard (quote)
Quote only — ~$40/listing/mo reported
10+ listings typical
Booking fee: Percentage on direct bookings (rate depends on negotiated quote)
Enterprise (quote)
Custom
50+ listings, management companies
Booking fee: Negotiated
From $14.99/listing • 14-day trial
Per listing
$14.99 per property per month; 20% discount on annual billing. No booking fees or transaction fees.
What Hostaway does well
Best-in-class multi-channel reliability — eliminates double bookings
Real-time API sync across Airbnb, Vrbo, Booking.com, and dozens more. Operators consistently report it as the most reliable sync in the market, which directly prevents costly double-booking incidents.
Preferred-partner status with Airbnb, Vrbo, AND Booking.com — the 'triple crown'
Hostaway is the only property management platform with preferred/premier partner status across all three major OTAs. Priority API access and faster feature rollouts mean fewer sync errors and access to channel-exclusive tools before competitors.
Owner portal with professional reporting — real value for co-host and management companies
Owners get their own login to view revenue, occupancy, and payout statements in real time, with customizable visibility controls. For co-hosting businesses, this transparency tool is a genuine client-retention feature.
What Tokeet does well
Competitive pricing with comprehensive features
84% of reviews mention pricing positively, appreciating flat per-property pricing with a wide range of functionalities and finding Tokeet more affordable than competitors.
Intuitive user interface and quick onboarding
The interface is sleek and easy to navigate, with new users able to get up to speed without extensive training.
Responsive customer support quality
Support agents provide speedy and professional responses that are kind and patient, helping users resolve issues efficiently despite the lack of phone support.
Where Hostaway falls short
1.8% booking engine fee on all direct bookings, introduced November 2024
Hostaway added a 1.8% guest service fee to every reservation through operators' own direct-booking websites. This undercuts one of the main advantages of direct bookings (avoiding OTA commissions) and was rolled out via a terms update that many users missed.
Steep learning curve and significant setup investment — not plug-and-play
Setup requires mapping channels, configuring automation rules, setting up owner statements, and training staff. Reviewers consistently note it takes weeks to become fully operational — a real barrier for small operators or teams without technical staff.
Opaque pricing and contract lock-in reported by users — cancellation is difficult
Hostaway requires a sales call to see numbers. Multiple HotelMinder reviews describe being signed into annual contracts they thought were monthly, and difficulty canceling mid-term. Read the contract carefully.
Where Tokeet falls short
Steep configuration learning curve
There is an immense level of configuration necessary to get the best out of Tokeet, with many processes requiring more work than competing platforms to reach equivalent functionality.
Limited mobile app functionality
The mobile app is not user-friendly with limited functionality compared to the full desktop experience.
Account management concerns
Some users reported Tokeet unilaterally changing plans and cancelling subscriptions without consent, leaving them unable to manage OTA connections.
Pick Hostaway if
Multi-property managers running 10-100+ listings across Airbnb, Vrbo, and Booking.com who need reliable multi-channel sync, team task management, and owner reporting in one platform.
Skip Hostaway if
You have fewer than 5 listings, you're budget-sensitive, or you rely heavily on direct booking revenue and can't absorb a 1.8% booking engine fee on every guest transaction.
Pick Tokeet if
Small to mid-sized property managers seeking affordable, feature-rich automation with strong channel management.
Skip Tokeet if
You require live phone support or advanced financial management for complex payment structures.
Hostaway
The automation layer for operators scaling past 10 listings
Tokeet
Strong feature-to-price ratio for budget-conscious property managers