5 years ago

TravelNest Secures £1.8 Million to Fuel Staycation Growth

  • TravelNest, a Scottish travel startup, has secured £1.8 million in funding from Silicon Valley Bank UK Branch and Scottish Enterprise

  • The funding will be used to drive the growth of staycations and support the strong rebound from the pandemic

  • TravelNest's products improve occupancy rates for vacation rental properties by automating marketing and enhancing exposure on leading booking sites

  • The company has recorded a triple-digit increase in night bookings made on its platform since lockdown restrictions were lifted.

      • ProblemTravel & Tourism

      "Property owners struggle to effectively market their vacation rentals and manage bookings across multiple platforms, leading to lower occupancy rates and lost revenue."

      Solution

      "TravelNest provides an automated marketing platform that increases vacation rental property visibility on major booking sites, simplifies listing management, and streamlines bookings and payments, ultimately boosting occupancy rates for owners."

      Covered on