Case Study: Select Stays achieves 90% faster owner reporting with Hostfully

Select Stays cuts owner report prep time by 90% with Hostfully

Select Stays, a hybrid property management company in San Diego, was struggling with the immense manual effort required to create financial reports for property owners using spreadsheets. This process, managed by their previous system, was taking 20-30 minutes per property and over eight hours each month, leading to unstructured reports and frequent owner inquiries. Seeking a scalable solution with superior reporting and an open API, the company turned to the vendor Hostfully and its property management system.

By implementing Hostfully, Select Stays gained access to customizable, automated financial reporting tools. The solution allowed them to generate clean, professional CSV exports with full payout transparency for all 45 properties in just 10 minutes. This resulted in a 90% reduction in report preparation time, eliminated many owner questions, and supported the company's growth, enabling them to triple in size with full automation. Hostfully also provided critical benefits like ensuring tax compliance and preventing accounting errors.

Select Stays