Qstay Hospitality Technologies, a next-generation digital hospitality platform, raises $6.5 million in a Seed round.
Qstay operates as a virtual hotel brand which provides luxury hotel-like services and amenities such as bathrobes, slippers, luxury toiletries, bathroom amenities, tea and starbucks coffee. The platform also provides digital app-based access to nearby pools, beaches, gyms and spas for its guests staying in beachfront properties.
“The capital will be used to accelerate the amazing growth we’ve seen so far and the concept plans to expand to at least five cities across Europe and the Middle East the next 12 months,” Artur Khayrullin, Qstay Hospitality founder and Co-CEO, said.
The platform is developing a differentiated, tech-driven platform that will provide efficient booking, digital concierge and a unified on-demand platform for maintenance and service. The raised funds will provide Qstay with additional capital to accelerate and supercharge Qstay’s vision.
Over the next few years, the platform plans to continue investing in technology and expanding its footprint and product offering to drive an unparalleled guest experience, while also delivering greater value to its investors, real estate partners and guests.
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