STAY


Associated tags: STR, HGTV, Stay, Television, Entrepreneurship, Tourism

Locations: US, MEXICO, TORONTO, ON, CA, LOI, CANADA

Stay Expands Property Offering via Booking.com

Retrieved on: 
Thursday, April 18, 2024

This strategic partnership allows Stay to expand their global property portfolio to guests worldwide through the properties listed on the Booking.com platform.

Key Points: 
  • This strategic partnership allows Stay to expand their global property portfolio to guests worldwide through the properties listed on the Booking.com platform.
  • Stay will now feature over 28 million reported listings available on Booking.com, offering guests unparalleled access to diverse accommodation options including homes, hotels, villas, apartments, and more.
  • "Expanding our presence via Booking.com is a strategic move for Stay as we continue to enhance our offerings and reach a broader audience of travelers," said Scott McGillvary, Executive Chairman of Stay.
  • Stay prides itself on delivering exceptional customer service and unique accommodations tailored to meet the needs of modern travelers.

Stay Inc. Announces Partnership with NextPax

Retrieved on: 
Thursday, December 21, 2023

Stay, through this collaboration with NextPax, will be able to increase their accommodation portfolio advertised on their marketplace with any of NextPax’s associated accommodation partners.

Key Points: 
  • Stay, through this collaboration with NextPax, will be able to increase their accommodation portfolio advertised on their marketplace with any of NextPax’s associated accommodation partners.
  • This partnership expands NextPax’ distribution reach, allowing its clients to target travelers actively seeking quality short-term rentals in North America.
  • Key benefits of the Stay and NextPax partnership include:
    Amplified Visibility and Reach: Property owners and managers using NextPax can now easily showcase their premium vacation rentals to a targeted audience of travelers on Stay.
  • Together, we will continue to set the standard for quality and service in the short-term rental industry.”
    “We are delighted to announce our partnership with Stay,” said Lennart Kok, Director of Distribution Partnerships at NextPax.

Stay Inc. Announces $5 Million USD Offering

Retrieved on: 
Thursday, December 7, 2023

TORONTO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Stay Inc. ("Stay" or the "Company"), a platform in the short and long-term rental industry with operations in both Canada and the United States of America (“Stay USA Inc.”), is pleased to announce that it is seeking to raise up to $5 million USD in an offering (the "Offering") of class A common shares of the Company (“Common Shares”) pursuant to Rule 506(c) promulgated under Regulation D of the Securities Act of 1933, as amended (the "Securities Act") and/or other applicable exemptions from registration under the Securities Act and applicable state law.

Key Points: 
  • TORONTO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Stay Inc. ("Stay" or the "Company"), a platform in the short and long-term rental industry with operations in both Canada and the United States of America (“Stay USA Inc.”), is pleased to announce that it is seeking to raise up to $5 million USD in an offering (the "Offering") of class A common shares of the Company (“Common Shares”) pursuant to Rule 506(c) promulgated under Regulation D of the Securities Act of 1933, as amended (the "Securities Act") and/or other applicable exemptions from registration under the Securities Act and applicable state law.
  • A Private Placement Memorandum (“PPM”) details the Offering of 33,333,333 Common Shares at a price of US$0.15 per Common Share for aggregate gross proceeds of up to US$5 million.
  • The Common Shares sold through this Offering will be restricted shares and will not be freely tradable until expiry of the statutory period under Rule 144 under the Securities Act, or if such Common Shares are registered.
  • Although general solicitation is permitted under Rule 506(c) offerings, purchasers must be accredited investors and meet certain Securities and Exchange Commission verification requirements for validation of their "accredited investor" status.

Stay Inc. and AF2 Capital Corporation Announce Letter of Intent for Reverse-Takeover Transaction

Retrieved on: 
Tuesday, November 14, 2023

It is intended that the Transaction will result in the combination of Stay and AF2, with the common shares of the resulting issuer to the Transaction (the “Resulting Issuer Shares”) being listed on the TSX Venture Exchange (the “Exchange”), subject to approval of the Exchange.

Key Points: 
  • It is intended that the Transaction will result in the combination of Stay and AF2, with the common shares of the resulting issuer to the Transaction (the “Resulting Issuer Shares”) being listed on the TSX Venture Exchange (the “Exchange”), subject to approval of the Exchange.
  • Stay is excited about this opportunity to expand their capital raising opportunities, reach, and create a broader awareness of the Stay brand, while providing its existing and future security holders with liquidity on a recognized stock market.
  • Stay has been granted access to exclusive high-profile properties in partnership with Scott McGillivray, the host of television shows such as HGTV's Vacation House Rules and Renovation Resort.
  • Vacation House Rules' cottages and Renovation Resort's cabins are currently booking on the Stay platform.

Stay Partners with RedAwning to Expand its Short-Term Rental Offering

Retrieved on: 
Tuesday, June 6, 2023

TORONTO, June 6, 2023 /PRNewswire/ - Stay Inc. ("Stay" or the "Company"), Stay is pleased to announce its partnership with RedAwning to expand its short-term rental offerings - stayapp.co .

Key Points: 
  • TORONTO, June 6, 2023 /PRNewswire/ - Stay Inc. ("Stay" or the "Company"), Stay is pleased to announce its partnership with RedAwning to expand its short-term rental offerings - stayapp.co .
  • Stay, a leading short-term rental platform, is pleased to announce a new partnership with RedAwning, a premier provider of vacation rental technology services.
  • This partnership will expand Stay's offerings to include RedAwning's inventory of professionally managed vacation rental properties across North America.
  • "We are thrilled to be partnering with RedAwning to offer our users even more options for their short-term rental needs," said Blake Porretti, Stay COO.

Stay platform Goes Live, Expects Rapid Growth and Expansion in 2023

Retrieved on: 
Thursday, April 13, 2023

TORONTO, April 13, 2023 /PRNewswire/ - Stay Inc. ("Stay" or the "Company"), Stay is pleased to announce that is has officially launched its online platform - www.stayapp.co .

Key Points: 
  • TORONTO, April 13, 2023 /PRNewswire/ - Stay Inc. ("Stay" or the "Company"), Stay is pleased to announce that is has officially launched its online platform - www.stayapp.co .
  • This host-centric platform is designed for professional hosts, property managers, and entrepreneurial minded real estate investors, and is currently offering free hosting.
  • Stay is experiencing rapid growth boasting over 14,00 0 registered users during its first few months of launch and averaging 5,000 visits a week.
  • "We're thrilled to have gone live with Stay and to see such rapid growth in such a short time," said Co-Founder Scott McGillivray.

STAY Builds for Growth with Infor

Retrieved on: 
Wednesday, March 3, 2021

LONDON, March 3, 2021 /PRNewswire/ --Infor today announced that luxury serviced apartments provider STAY has deployed Infor HMS property management system for its 169 apartment properties in Camden, London.

Key Points: 
  • LONDON, March 3, 2021 /PRNewswire/ --Infor today announced that luxury serviced apartments provider STAY has deployed Infor HMS property management system for its 169 apartment properties in Camden, London.
  • Learn more about Infor HMS: https://www.infor.com/en-gb/products/hms
    Following a thorough review of the market, Infor was chosen based on specific invoicing capabilities for the extended stay sector, deep domain expertise within the hospitality industry (including references with Fraser Suites) and the ease of integration with other systems.
  • "The serviced apartment and extended stay market has bucked the downward trend of the hospitality industry under COVID," said Calum McIndoe, Infor Hospitality.
  • Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation.