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Los
Angeles, CA – October 2021 / Newsmaker Alert / AvantStay,
the premier next-generation hospitality platform redefining the way in
which people travel, transact and invest in the STR (Short-Term Rental)
industry continues to disrupt the space by announcing the recent launch
of its in-house brokerage division. The offering was a natural segue for
the hospitality brand as many of AvantStay’s existing clients and homeowners
were requesting to buy income producing homes with AvantStay handling the
sourcing, onboarding, design, property management and guest experience
all under one platform. By bundling sourcing, buying and managing, AvantStay
is creating retail and institutional investors access to the highest yielding
asset class in real estate today.
“We
launched our brokerage with a vertically integrated approach to investment
at the forefront of our thesis,” said Sean
Breuner, CEO and Founder of AvantStay. “The AvantStay platform powers
a premium buying experience to investors looking for high-yield returns
in the booming STR asset class. Our data and tech suite enables us to source
and underwrite high performing destination homes and work with our network
of agents to acquire a unique AvantStay property. Our team will then design,
onboard, distribute and manage with a completely hands-off approach for
the owner. We do all the work for you so that it is a seamless buying and
investment experience that delivers outsized returns for your investment
portfolio.”
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The
brokerage division allows for AvantStay to:
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Identify
potential high-performing assets based on buyer specifications
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Underwrite
the property’s performance, delivering a detailed revenue projection on
the home
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An in-house,
award-winning design team (Marriott’s best designed homes) will onboard
the home to both be aesthetically and functionally optimized for short-term
rental use
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Procurement
& installation team will leverage its national supplier to source &
buy high-quality furniture with steep enterprise discounts
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Manage
any value-add construction with its deep partnership network
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Fully
manage homes through AvantStay’s online platform – leveraging the AvantStay’s
proprietary direct booking platform augmented by a best-in-industry distribution
network with over 50+ channels to drive premium returns
AvantStay
also provides a full suite of property management services offering flexible
programs to meet owners’ long-term financial goals, maximize rental income
and invest in furniture, design and capital improvements that increases
the equity of the home.
“I
recently purchased an income producing property with AvantStay and I’m
already in talks with the team about a third,” said Steve Roger, a buyer
that worked with AvantStay on acquiring a STR property in Indio, California.
“The team has created such a seamless service, walking me through everything
from finding the deal, to running the investment returns, to closing on
the home. The moment the deal closed they had a team in place to make upgrades,
allowing me to take a backseat and trust their process. Then the cash just
starts rolling in.”
In
addition to AvantStay’s brokerage launch, the company is looking to work
with top real estate agents across destination markets. If you’re an active
agent in a destination market, join their agent network at Avantstay.com/agents
to become a part of their national referral program.
For
more information on AvantStay’s brokerage, please visit the website at
Avantstay.com/buy. For existing
homeowners, visit here: Avantstay.com/owners.
For questions, email: experience@avantstay.com
or dial +1 (833) HI-AVANT.
About
AvantStay
AvantStay
is the premier next generation hospitality platform redefining the way
in which people travel, transact and invest. AvantStay delivers a highly
curated experience customized to guests’ needs, using a proprietary tech
suite to power bookings, seamlessly operationalize in-field and remote
management, and activate authentic and elevated consumer touch points.
AvantStay currently operates in over 70 cities, with a drive-to market
approach, including 800+ premier properties across their diversified portfolio,
and an AUM of more than $1B. In 2019, AvantStay became one of the initial
twelve partners of Homes & Villas by Marriott International, and currently
offers distribution on more than 50 OTAs.
Media
Contact:
AvantStay@quinn.pr
212-868-3900,
ext. 406
Company
Contact:
Sean
Breuner |
