Cozystay taking over first hotel as part of offering diversification
Canada: Chinese travel accommodations group Cozystay Holdings Inc. is diversifying from its core rental offering by taking over its first hotel. The company is steadily broadening its portfolio of hotels, co-living spaces, resorts and vacation rentals under management as part of its future growth strategy. Chief technology officer Peng Shen told Hotel Business: “Our founder, […]
Cozystay announces plans to open Ontario co-living space
Canada: Vancouver-based vacation rental firm Cozystay has announced plans to open a shared living and co-working space for business travellers in Kitchener-Waterloo in Ontario. Cozystay, which launched in 2015 as an online marketplace for clients to book vacation rentals and hotel rooms, has ramped up its expansion across Canada recently by taking over entire properties […]
Cozystay adds first properties in China with acquisition
China: Cozystay, a vacation rental platform for Chinese travellers, has added its first properties in China after acquiring Oak Properties. Oak Properties, which will continue to operate under that name, manages around 300 private rentals in China in cities including Taiyuan, Tianjin and Suzhou. CEO of Vancouver-based Cozystay, Galen Cheng, said: “We’ve had an incredible […]
China’s answer to Airbnb, Tujia Sweetome, invests in Cozy Holding Corp.
China: Cozy Holding Corp., renowned for its vacation rental platform, Cozystay, has announced its property management company, Cozy Living has secured investment from Tujia Sweetome. Sweetome is a China-based online vacation rental provider Tujia’s offline property management group. Tujia itself is China’s largest short-term rental firm and is widely considered as the country’s answer to […]