Puerto Rican technology and property management company Hospitri has invested more than $200,000 in technology development and talent over the past 12 months as it expands in the short-term rental and boutique hotel industry. The company operates in Puerto Rico, Florida, Jamaica and the Dominican Republic and manages about 400 properties through a platform developed in Puerto Rico that combines artificial intelligence, operational management tools and a hospitality team.
The investment focused on proprietary technology, operational efficiency and human capital. The AI system documents owners’ instructions, preferences and decisions, and the platform centralizes cleaning, maintenance, pricing, advertising optimization and property management while tracking operational performance. A mobile application is in beta testing with a group of owners and is expected to reach all Hospitri clients before the end of 2026.
The company added Virtual Property Managers, a bilingual customer communication center operating 24 hours a day, revenue management services and a sales team that recently welcomed Fernando Álvarez as sales executive. Founder and CEO Rodrigo Lloveras said the company exports technology from its Old San Juan origins. Co-founder and Chief Technology Officer Alexis Tavárez developed the platform with Puerto Rican firm Mitimiti Studio.
According to company data, some portfolios recorded revenue increases of 10% to 30% in their first year, and properties launched from scratch reached Airbnb Superhost status within three months. Since launching in early 2025, Hospitri has processed more than $9 million in bookings and expects to exceed $10 million before the end of 2026, with 228% growth in new properties across its four markets.
It secured nearly $150,000 in non-dilutive grants from Parallel18 and the Bravo Family Foundation, received a $50,000 All-Around Performance Award in September through the foundation’s Rising Entrepreneurs Program, and was among 10 Puerto Rican startups selected for Startup Grind 2026 in Silicon Valley, with support from the Department of Economic Development and Commerce, the Economic Development Bank and the Puerto Rico Science, Technology and Research Trust. For 2027 it plans to strengthen its platform, expand in existing markets and pursue a new funding round.