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PROPTECH FIRM UTILISING UNIQUE TECH TO MAXIMISE CLIENT RETURNS - London TV

PROPTECH FIRM UTILISING UNIQUE TECH TO MAXIMISE CLIENT RETURNS

Leading Proptech firm Staykeepers, provides a tech enabled platform for flexible stays, which guarantees increased revenues for its clients. Staykeepers’ innovative technology supports landlords and operators to fill empty units by promoting available properties across over 450 marketing channels, which has proven to increase client revenues by up to 80%.

Staykeepers’ custom-built technology operates using intelligent systems and algorithms across three main functions:

Operation Systems:

Access Control
Guest Vetting
Property Management System
Financial Systems:

Revenue Management
Market Data
Sector-Specific Proprietary Algorithms
Marketing Platforms:

· Distribution across over 450 marketing channels, including

o Airbnb

o Booking.com

o TripAdvisor

o Expedia

· Unique algorithms within the revenue management module to achieve price optimisation, delivering the best possible returns for clients.

· These prices are calculated using historical trends, local and competitor pricing and advanced financial modelling from a 0.3mile radius of a client’s building

Staykeeper’s value proposition allows owners to commit a small portion of their portfolio to flexible stays and achieve above market rates thanks to Staykeepers’ unique blend of technology, marketing exposure and world class revenue management capabilities.

Staykeepers’ modular services allows for incredible flexibility regardless if its operating with partial buildings (one or more floors) working alongside the owner or operator’s team, entire residential buildings or straight up national partnerships. This is a vital tool for clients to utilise when requiring an increase in revenues and/or decrease in operational costs.

Unlike traditional revenue management approaches, Staykeepers’ tech updates unit prices daily on multiple marketing channels, so assets can achieve the best possible price the market is willing to pay.

Using dynamic pricing technology, clients have seen a 65% increase in daily revenue on average across units since January 2022. For example, in New York, Staykeepers achieved a 249% increase in the average daily room rate within 3 months, following the use of targeted daily price optimisations.

Similarly, for a Build-to-Rent project in central London, the use of Staykeepers’ integrated platforms achieved a 110% increase in revenue from short-term lets of available apartments compared to long-term rental returns. In total, this resulted in over £5,400 of additional income per three-bedroom apartment in June 2022.

Founded in 2015, Staykeepers is one of the UK’s leading property technology companies focused on connecting quality build to rent, co-living and student accommodation with guests and travellers around the world. Recently the company has setup operations in the US where it is rapidly gaining traction with local and nationwide multifamily and student housing players.

Active in over 57 cities around the world and working with some of the biggest multi-purpose accommodation operators, Staykeepers works to fill short term and long term lets, affording its landlords and investors maximum exposure across world-leading platforms such as Booking.com, AirBnB and Expedia.