Avantstay – Premier Short-term rental company based out of LA has laid 19 Employees of its core workforce ~ 3.2% in the last month.
AvantStay recently hired a new COO and executed a reorganization of the company to eliminate redundancies and introduce new team members. The company currently has a total head count of 600 employees.
AvantStay currently has 89 open positions for hire, 42 of which are for urgent placement. The company also expresses that Travel demand is robust and the company is doing very well with back-to-back record months.
AvantStay is the premier next-generation hospitality platform. AvantStay delivers a highly-curated experience customized to guests’ needs, using a proprietary tech suite to power bookings, seamlessly operationalize in-field and remote management, and activate authentic and elevated consumer touchpoints.
AvantStay currently operates in over 100 cities, with a drive-to-market approach, including 1,000+ premier properties across their diversified portfolio, and an AUM of more than $2B. In 2019, AvantStay became one of the initial twelve partners of Homes & Villas by Marriott International, and currently offers direct bookings on more than 60 OTAs.
AvantStay follows suit after Sonder, Zumper, Bungalow & Waunderjaunt – exposing the troubling water ahead in hospitality & real estate.
Correction – Laid off employees count & statement from the company