Stay Expands Property Offering via Booking.com

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- Stay Inc. ("Stay" or the "Company"), a vacation rental platform with operations in both Canada and the United States of America, has announced a partnership with Booking.com, one of the world's leading online travel platforms with a mission to make it easier for everyone to experience the world. This strategic partnership allows Stay to expand their global property portfolio to guests worldwide through the properties listed on the Booking.com platform.

Stay will now feature over 28 million reported listings available on Booking.com, offering guests unparalleled access to diverse accommodation options including homes, hotels, villas, apartments, and more. With Stay's commitment to excellence in hospitality and the expanded accommodation offering, travelers can expect a seamless booking experience and unparalleled stays across more than 175,000 destinations in more than 220 countries and territories across the globe.

"Expanding our presence via Booking.com is a strategic move for Stay as we continue to enhance our offerings and reach a broader audience of travelers," said Scott McGillvary, Executive Chairman of Stay. "We are excited to bring our curated selection of properties to guests, providing them with even more choices for their next adventure."

Stay prides itself on delivering exceptional customer service and unique accommodations tailored to meet the needs of modern travelers. This partnership with Booking.com is an important step in Stay's journey to provide memorable experiences and unforgettable stays for guests.

For more information about Stay and its properties, please visit Stayapp.co.

About Stay:
Stay is an online marketplace (stayapp.co) that currently facilitates short-term rentals (STR) and will be expanding into the mid and long-term rental markets. This host-centric platform is designed for professional hosts, property managers, and entrepreneurial minded real estate investors. The platform also provides guests with access to a competitive alternative offering quality and "professionally" managed properties.

For further information: Nick Sama, Phone# (416) 992-7917, Email: nick@stayapp.co

About Booking.com:
Part of Booking Holdings Inc. BKNG, Booking.com's mission is to make it easier for everyone to experience the world. By investing in the technology that helps take the friction out of travel, Booking.com's marketplace seamlessly connects millions of travelers with memorable experiences every day. For more information, follow @bookingcom on social media or visit news.booking.com

Forward- Looking Statements
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations (including negative and grammatical variations) of such words and phrases or state that certain acts, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".

Forward-looking information in this press release may include, without limitation, statements relating to: the completion of the Transaction and the timing thereof, the execution of the Definitive Agreement, the proposed business of the Resulting Issuer, shareholder and regulatory approvals, and future press releases and disclosure.

These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding general economic and industry factors, market conditions, management's ability to manage and to operate the Stay business, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of each of the Resulting Issuer, the Company, or AF2 may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

SOURCE Stay Inc.