Staze

Travel more for less and live spontaneously.

December 2019

Staze was born.

After years of staying in Airbnbs as Management Consultants, Henry and Jay knew you could get a better deal if you booked late and negotiated.

February 2020

Goodbye consulting.

Corona was still just a beer. Jay and Henry quit their jobs to focus full-time on Staze and got 3 weeks’ worth of bookings.

March 2020

Lockdown.

What would happen to travel? Were we crazy to keep building a travel business during a pandemic?

Joined Geovation.

June 2020

Hello Dustin!

We found our third co-founder and CTO, Dustin.

July 2020

Beta launch.

We launched an MVP so we could get feedback.

August 2020

Customer interviews.

We spoke to hundreds of people and realised booking last-minute trips is fundamentally broken so changed our product.

October 2020

Raised £500k. Networked like crazy.

December 2020

Properties.

First integration with a channel manager which will unlock thousands of properties on our platform.

February 2021

Growth focus!

Emma joined the team to supercharge our growth plans.

Summer 2021

Plan to raise and scale our product in the UK and US.

Visit website

Jay Olenicz

CEO

Henry Popiolek

COO

Dustin Silk

CTO

Showcase

We will become the last-minute brand of the short stay rental market. Our  mission is help friends to travel more for less, matching demand for spontaneous trips with cut-price stays that in turn helps property managers to  maximise revenue.

Problem

Holiday rentals are an under-utilised asset. For example, in the year up to February 2020 there were 47,116 dedicated rental properties in London listed on  Airbnb which were empty 31% of the time. That’s 5 million nights lost revenue. This distressed inventory is often priced at 4x the profit line and is hidden away  in search-directory styles booking websites which do not effectively cater to the needs of travellers looking for spontaneous trips.

Solution

Property managers can comfortably drop their prices by 50%. We help them  realise that by calculating their cost per booking with them and then link into their calendar to automatically share their last-minute availability in our app. For Guests, we do everything to inspire spontaneous travel, that means all the  best prices in one place, a focus on convenience with features such as travel  time and weather, and crucially – we make it easy for friends to book together.

Market

We are targeting the last-minute portion of the short stay rental market, worth £16bn globally. We’ll build initial market share by focussing on demand from early adopters of our target market in London alone, worth £20m. Staycations in private rentals have proven resilient in times of Coronavirus, and local travel is on the up, two factors which make this excellent timing to go to market. 

Traction

In our first three weeks we had £18,000 GMV, personally driving last minute  bookings to holiday rentals. Within three months we had a network of property  managers totalling over 5,000 properties across the UK. Since validating our core assumptions about the market opportunity, we’ve interviewed hundreds of Guests to learn about the spontaneous use case. The resulting value prop converts 36% of visitors, Guests say they love the app – our backend tech is  soon to catch up.