Profitable Estay has built a leading brand in online booking of short-term luxury home rentals and services for travelers; with property management, upgrading for homeowners.
Why
Multi-generational travel
Chinese families like to vacation together, involving grandparents, parents and children.
Hotels aren’t family-friendly
One room can’t accommodate a whole family, while separate rooms can be far apart.
Booming demand
China’s booming travel market is boosting demand for short-term accommodation.
Market
RMB 30 billion
China’s short-term rentals market in 2016 – up 71.4x since 2012. In a RMB 400 billion hospitality market, short-term rentals for tourism has huge growth potential.
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