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StayList collaborates with Vietnamese site Luxstay

StayList

Asia: Vacation rental bulk search service StayList has officially launched versions of its platform in Vietnamese and Thai, and begun a system collaboration with Vietnamese rental site Luxstay. When StayList first went live back in February, it was available in four languages: English, Japanese, Korean and traditional Chinese Mandarin. It primarily catered to travellers from […]

AirDNA outlines short-term rental growth in Vietnam

Vietnam

Vietnam: According to a report released by AirDNA, discerning Vietnamese entrepreneurs are seizing the opportunities in the home-sharing sector, amid a surge in listings in the country. The vacation rental data firm found that in the last two years, the number of entire homes listed on Airbnb and HomeAway/Vrbo in Vietnam rose by 452 per […]

Vietnam’s Luxstay secures $4.5m in bridge round investment

Luxstay

Vietnam: Vietnamese rental sharing startup Luxstay has announced it has raised US$4.5 million in a bridge round led by two Korean investors, GS Shop and Bon Angels. It represents the second time Luxstay has received outside investment this year, following a $3 million funding round from Y1 Ventures and CyberAgent Ventures back in January this year. The […]

Vietnamese rental startup Luxstay raises $3 million in bridge round

Luxstay

Vietnam: Rental sharing startup Luxstay has raised $3 million in a bridge round from investors including CyberAgent Ventures and Y1 Ventures. It said in a statement that CyberAgent Ventures, which is helping the startup with an internal structuring exercise and facilitated the bridge round, first invested in the firm in early 2018. Luxstay, which was […]

Young investors in Vietnam struggling to make profit in short-term rental industry

Vietnam

Vietnam: Short-term rentals have become more popular in Vietnam in recent years, especially at tourism sites and in big cities like Hanoi and Ho Chi Minh City (HCMC). Analysts note that most developers in Vietnam are young investors with many of them renting apartments for business. However, not all of them can profit from the […]