CHICAGO, April 23, 2019 /PRNewswire-PRWeb/ -- CuddlyNest, one of the global leading online accommodation rental websites, has unveiled its plans for the platform upgrade for an enhanced experience in the pipeline for early 2019.
The online rental marketplace with the lowest aggregate fees and price in the market has grown ever since 2016, disrupting the industry monopoly. Integrated with the industry-leading channel managers and listed among "ones to watch" in 2019 by Rentals United, CuddlyNest has attended VRMA, Serviced Apartment Summit Europe, ITB Berlin, and KIGO World in 2019, and is looking forward to its new product upgrade releases this summer.
The key to success and growth of CuddlyNest lies in its cost leadership. CuddlyNest's innovative booking fee sharing model to list properties at the lowest price online. The cost advantage of the lowest aggregated commissions translates into cost advantage and higher booking rates for any property listed on CuddlyNest.
CuddlyNest is excited to announce the integration with NextPax, who recently completed integration with Google to provide vacation rental inventory to it's hotel shopping experience.
"By integrating to NextPax, CuddlyNest now has access to a potential additional inventory of 600,000 vacation rentals and more than 10,000 hotels," says Erik Engel, CEO & Founder of NextPax. "NextPax provides direct technical integration of any inventory type onto the channel for property managers that are connected to our platform."
The distribution channel is integrated in a two-way flow with NextPax, allowing for real-time booking retrieval, synchronization of content (images, descriptions and facilities), property availability updates and price updates. CuddlyNest takes care of payments and has a fully integrated content distribution, making the onboarding seamless for any property managers. The CuddlyNest platform is currently listing over a million properties around 100 countries worldwide, providing any type of accommodation, from long-term serviced apartment rentals to hostels and shared rooms among others.
It is now confirmed that starting summer 2019, CuddlyNest is going to offer tour and activity bookings to provide safe, seamless and holistic travel planning for any type of traveller based guest preferences. These upgrade and strategic additions will majorly enhance the user experience of travel planning alongside offering one-stop platform experience. Followed in Autumn 2019, CuddlyNest is planning to release an app for easier instant bookings for travelers on the go, adapting to mobility needs of the global future traveler booking last minute.
"We wanted to solve the problem so many travelers face nowadays. Travel accommodation booking has become increasingly expensive, with online travel agencies charging vast commission fees. We are building a platform to democratize the market and bring power back to travelers, charging the lowest aggregate commission fee in the market, and therefore the lowest price in the market," says Ritesh Raj, the Partner & COO of the start-up.
The online travel booking startup is making the travel easier, and the future release of the app is a response of 72% of customers booking travels last minute.
Chicago based start-up was founded in 2016 with offices in Berlin & Croatia has grown ever since, today offering safe bookings of over million properties all around the world. CuddlyNest innovative booking fee sharing model has been the key to the company's success. The lowest aggregate commission fee in the market allows property managers to be in charge of their earnings while providing guests with the lowest booking price in the market and is integrated with the major channel managers NextPax, CiiRUS, Escapia and is the preferred partner of Avantio.
References:
- https://nextpax.com/news/nextpax-provides-vacation-rental-inventory-for-googles-new-vacation-rentals-in-hotel-shopping-experience/
- https://www.sojern.com/travel-insights/2018-i1
- https://nextpax.com/channel-partners/
- https://software.homeaway.com/about-us/partners/distribution
- https://www.avantio.com/blog/cuddlynest-is-now-our-new-preferred-partner-in-the-channel-manager/
SOURCE CuddlyNest
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