AvantStay

Hospitality platform for group travel

B2C
Hospitality
Travel

Company mission

To transform beautiful homes into incredible experiences and unforgettable memories, setting the new standard for the short-term rental industry.

Employees

201-500

HQ Location

Central LA, Los Angeles, CA

OTTA INSIGHTS

Few candidates hear
back within 2 weeks

88% employee growth in 12 months

Otta's take on AvantStay

Theo Margolius headshot

Theo Margolius

COO of Otta

AvantStay provides short term property rentals specifically tailored for group travel. Unlike online travel agencies who act as middlemen between property managers and travellers, AvantStay owns and operates all of the properties it rents out. This means they can maintain consistency and quality of service across the entire business – crucial for developing strong brand loyalty.

Award-winning interior designers have worked on all the properties, specifically designing all spaces with groups in mind, and guests have access to an app where they can easily choose add-on services such as spa treatments, grocery delivery or a private chef.

AvantStay now has over 600 properties in 60 cities and has plans for further expansion outside of the US. The business is investing in growing its portfolio, as well as further evolving its operational technology infrastructure, improving services by, for example, a partnership with Allianz Partners to offer customers trip cancellation and trip interruption coverage.

Total funding - $191m

Last 2 fundraises

Sep 2019

$20m

SERIES A

Dec 2021

$160m

SERIES B

This company has top investors

Company benefits

  • Health Benefits & Generous PTO policy
  • Discounted stays at our properties
  • Professional Development stipends
  • Perks at work
  • Team bonding events & Offsite

Founders

Sean took an MBA at Columbia Business School before working for Morgan Stanley for a year and serving as Director of Heighten. Alongside being Operating Advisor of Northern Lights Music Festival since 2013, they co-founded AvantStay in 2017.


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