Vietnam-based online home vacation rentals startup, Luxstay was founded in 2016 by Nguyen Van Dung and claims to have a network of 10,000 homes in the country till date. It acts as an intermediary between the organizations or individuals planning to outsource their accommodation services and tourists or business travelers who wish to rent luxurious accommodations like apartments, vacation villas, farmhouses, etc. The rental house owner on Luxstay is called Host Partner. The party that wants to rent a house on Luxstay is called Home Renter.
Luxstay takes care of all the services which arise between Host Partners and Home Renters helped by Service Partners, Payment Partners and Tax Agency Partners. These service providers are organizations which have registered in the Luxstay system, have been assessed and certified by Luxstay after meeting the necessary criteria to provide the legal services, payment services, and process tax filing, submitting, and finalizing under local law respectively.
The company raised US$3 million from CyberAgent Ventures, Y1 Ventures, and few other undisclosed investors as a part of bridge round funding. US$2.5 million was also raised in the pre-Series A round in early 2018 led by Genesia Ventures.
The Differentiating Factor
Luxstay claims to be the leading online homestay reservation in Vietnam with fast processing speed, secure payment methods and millions of vacation rentals to choose from. There is also an option for Host Partners to add their listing to the database of Luxstay with specifications of their accommodations which will give an idea of what the place would look like and their guest and booking preferences so they meet the desired home renters. Hosting via this platform can be a lucrative affair for the host partners as Luxstay will help them throughout this process using tools on the website.
You will find the best offers on the best lavish villas, bungalows and vacation rentals which come along with the finest and most desired amenities to make your homestay worth a lifetime. Be it any requirement, a vintage wooden house close to a beautiful sea beach or a swimming pool in your villa or a small cottage amidst the coconut palms and backwaters, Luxstay brings to you hundreds of options to choose from. It also promises to make you feel homelike, your own way.
Luxstay assures you an experience like never before. Each listing and reservation states its cancellation policy. You are just a few clicks from your dream vacation destination. Check out some enthralling homestay options only on Luxstay today.