The accommodation rental brand of Stayz is set to disappear as its US-owned parent company, HomeAway, unifies its brand to more efficiently compete against Airbnb in the inner-city market. While Stayz was once Australian-owned by Fairfax, it was bought by HomeAway for $220 million in 2013, which in turn was bought by US travel giant Expedia in 2016.
But it’s been struggling to compete against Airbnb (that has seen its number of Australian listings soar in recent years) and the call for an Australian alternative has been answered by EzyStayz. Based out of Sydney, EzyStayz has been designed to offer all the features that are favoured by hosts and travellers on other platforms while the money invested stays on shore.
Stayz was traditionally more focused on the holiday rental market and favoured entire home listings outside of inner-city suburbs, rather than owner-occupied properties or individual rooms. But as the idea of homeowners renting out their residence while they’re out of town on weekends has become more popular, the short-term and inner-city rental market has increased.
Hosts who signed up to the Stayz platform because it was Australian owned and offered lower fees have been left disappointed by the move as HomeAway moves in line with the US-owned company Airbnb. But with the launch of EzyStayz, there’s now a local alternative, giving hosts a range of different options when it comes to the type of space they want to rent out and highly competitive commission fees.
New hosts signing up to the platform can take advantage of the first three months commission free, allowing them time to test out the site’s features. Calendar synchronisation with other holiday rental platforms means hosts can always stay up-to-date with new bookings (no matter where they are coming from) and hosts who perform well on the site are rewarded with a Superior Host status.
For Australian hosts looking to support a local company with competitive commission fees, EzyStayz is set to be the new alternative.