Canadian Startup, Stay22, Shares the Wealth, Winning Big Alongside its Partners as Disruptor of the Year

Stay22, a startup company working out of Montreal – Canada’s growing tech and innovation scene – has become a leader in the travel technology industry. The company has amassed $250,000 in commission for its growing list of partners, with recent additions like Secutix, TicketSource, Pollstar, Ents24, and London Theatre Direct. As Stay22 continues to rack up partnerships, its inventory has also grown. Today, Stay22 offers users access to the largest inventory in the world, with over 35 million bookable listings worldwide.

Last year, Stay22 raised $750K in seed round funding to transform the way event travelers book accommodation.

“We’re super excited about the rate of adoption of the event & entertainment industry. It’s inspiring that we can have such a positive impact for our partners in helping improve their user experience, and generate that sum of revenue for them,” said Stay22 CEO & Co-founder Andrew Lockhead.

Recently, Stay22 won the 2019 Disruptor Award at the Ticketing Business Forum, alongside partners London Theatre Direct (Product Innovation Award) and Ticketek (Ticketing Business of the Year).

To date, Stay22 is used by over 1,000 events in 30 countries to provide travelers and event-goers access to lodging, from hotels to Airbnb and other alternative accommodation. Stay22’s partners receive a commission from each booking made through their website or platform on the Stay22 map.

Stay22’s focus on customer experience and integration ease have been instrumental in reaching a 7.1% conversion rate, which amounts to nearly 3 times as high as the online travel agency average. Since 2018, Stay22 has created $10M in booking volume, half of which came from January 2019 only.

The company is laser-focused on customer experience and plans to add to its already stellar offering. In the coming months, Stay22 will add features such as opportunities for users to book advance parking and reserve at restaurants. Users traveling by car or renting one will have the opportunity to reserve parking ahead of their stay in order to reduce time and stress searching for a spot. The restaurant feature will also enable users to plan out their stay in more detail. Stay22 will also add airports to their maps so that users flying in can plan their travel to and from the airport before arrival.

Stay22 is an accommodation solution tailored for event travelers. The interactive map gives event travelers the power to curate their event experience down to their ideal type of lodging and its distance from the event venue. Using Stay22, event attendees can stay close to the action, while event organizers and ticketing platforms provide stellar customer experience through the map and benefit from each booking.

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Fortune Chuku

Fortune Chuku is an IT Consultant and Researcher. He is passionate about education and entrepreneurship.

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