Company Overview
Qstay is transforming the global landscape of hospitality and rental investment property management through their innovative, technology-driven platform that reduces operating costs by up to 50%, utilizing AI-powered customer service and digital concierge services to enhance the guest experience. For guests, we offer a tech-centric, design-led hotel experience that combines superior comfort with affordability. Our platform manages the entire guest journey, from booking through checkout, ensuring a low-touch and enjoyable stay. For property owners, Qstay provides compelling economics, hands-off management, and a credentialed partnership that optimizes investment returns. Our end-to-end solutions cover property acquisition, management, and utilization, driving higher ROI and reducing operating costs by up to 50% compared to traditional hotels. Highlights: • Strong Financials: 192% revenue growth from 2020 to 2023 • Projecting 18% EBITDA margin by 2025, with ~80% of CapEx funded by landlords • Qstay's properties have significantly better performance metrics compared to our competitors. • Occupancy rate that is 1.4x higher than competitors. • Qstay's properties generate 1.3x more revenue per available room compared to our competitors. • Operating over 300 properties across 9 markets and 4 countries, with plans for expansion into additional markets between 2024-2026. • More than 130 000 nights booked through Qstay’s platform • Qstay hosted more than 60 000 guests