AB Newswire

SafelyStay Takes Top Honors at the Travel Innovation Summit at the 2014 PhoCusWright Conference and Builds Momentum in the $85 Billion Vacation Rental Market

Creating a Framework of Trust and Verification for Guests and Owners, SafelyStay Makes Transactions Easier. New Agreement with Travelport will Enable 70,000+ Agents and Travel Managers to Conduct Vacation Rental Transactions Safely and Efficiently

 
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Wyckoff, NJ -- (SBWIRE) -- 12/19/2013 -- SafelyStay, which brings trust, accountability and security to both guests and hosts in the vacation rental market, won The General Catalyst Award for Travel Innovation, at The Travel Innovation Summit @ The PhoCusWright Conference in November.

The award includes $250,000 investment, which the company plans to use to deliver on the promise of making vacation rentals as safe and easy to book as a hotel reservation.

The company also announced a new partnership with Travelport, a leading distribution services and e-commerce provider for the global travel industry. Under the partnership, SafelyStay will power safe and instant vacation rentals with secure payments, accidental damage insurance and guest verification. SafelyStay powers instant reservations for ZenRentals and Tripping.com, a large leading rental vacation services provider, and expects to announce additional agreements soon.          

“We are delighted and honored to have won this award from our peers and industry experts,” said Andrew Bate, Founder and CEO of SafelyStay. “Coupled with the deal we’ve announced with Travelport, the award is validation of the industry’s recognition of the need for safety, security and transactional efficiency in the vacation rental space.”

He concluded, “We will be making additional announcements in the weeks ahead as our innovative, trust-based solution continues to gain traction in the industry.”

About SafelyStay
Based in Atlanta, SafelyStay provides guest verification, secure payments and damage waiver protection – creating a seamless and efficient booking process within a peer to peer vacation rental transaction. It therefore serves as the PayPal of the vacation rental industry, whose annual transactions have been valued at greater than $85 billion. SafelyStay helps the industry gain credibility and trust among consumers, shortening transaction times and costs – to spur additional industry growth. SafelyStay was founded in 2012.

Press Release Source : AB Newswire