Incorporation of serviced home rental service reflects growing demand for alternative accommodations
by: BTE
Members of the World of Hyatt loyalty program can now earn and redeem points with Oasis, a serviced home rental service that Hyatt invested in last year. Oasis offers over 2,000 homes in more than 20 destinations worldwide. The company says its accommodations “combine the comfort and authenticity of a home with hotel-like amenities,” including in-person check-in, fresh linens and concierge services. Additionally, Oasis has locations in markets where Hyatt is currently underrepresented or not yet represented -- like Barcelona and Rome. Parker Stanberry, CEO and co-founder of Oasis, told BTE that the company is experiencing substantial growth, with bookings up over 250 percent in the US and European markets between 2016 and 2017. Half of all business, said Stanberry, is driven by longer-stay corporate accounts, and Oasis has developed partnerships with relocation and corporate housing companies to help drive this side of the business.
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