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Cash boost for high-end Airbnb-style short lets agency

Onefinestay, a firm offering very high-end Airbnb-style short-let accommodation in London and three other cities, has secured a new investment of over £20m.

Onefinestay offers homes in London, New York, Los Angeles and Paris and operates on the same basis as Airbnb, but its target audience is the very high end tenant willing, in some cases, to pay over £1,000 per night. 

Some properties come with five-star hotel-style services including a concierge and private dining, and have so far attracted tenants from over 130 countries.

Onefinestay has now secured $40m of investment from, amongst others, Hyatt Hotels, as well as a former global chief executive of Abercrombie & Kent, the high end travel and estate agency concern.

A statement from the firm says the new funding will allow it to realise its ambition to create “the ultimate experience of boutique hospitality through a series of service delivery, e-commerce and technology developments, to enhance the company’s offering for guests and homeowners.”

Onefineday has also appointed a new London manager - Scott Vernay - who previously worked for Waitrose.

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