RICHMOND, B.C. – Cozystay Holdings Inc. is a technology-first, accommodation group with a growing portfolio of hotels, vacation rentals, and resorts under management. Headquartered in Richmond, B.C., the company is announcing that it has signed a new deal with the Abercorn Inn Vancouver Airport to relaunch the property as a part of its growing line of specialty properties: Cozystay Signature: Abercorn Inn Vancouver Airport.
This expansion follows Cozystay’s recent announcement that it has taken over another iconic British Columbia property, Lake Okanagan Resort, now known as Cozystay Signature: Lake Okanagan Resort.
“This property is an exciting addition to Cozystay’s portfolio because it is the first hotel that we have chosen to introduce into our collection,” said Galen Cheng, CEO of Cozystay. “This historic hotel is an iconic property in Richmond and being able to bring it into our expanding portfolio is a meaningful milestone for the team.”
Cozystay has recently added 25 new team members to support its rapid growth.
“I believe that one of the key drivers of our success is our strict adherence to our Vacation Rental Service Standard (VRSS) protocol that ensures consistent, quality service,” added Cheng. “We are bringing this service consistently to all of our properties so that guests can have that same feeling of home whether they are staying at our vacation rentals, resorts or hotels.”
The VRSS is a strict set of guidelines and procedures that includes safety certification and insurance coverage, professionally furnishings, a bonded and insured cleaning team, highly trained account managers, high-quality towels, linens, and premium luxury mattresses and smart-lock property entry system.
“We are seeing great consolidation in the hospitality industry, people want the convenience and amenities of vacation rentals - with the consistency in quality and professionalism that hotels have traditionally offered,” said Cheng.
Major moves were made by both AirBnB and the Marriot in April of this year. AirBnB announced its plans to take over several floors of 75 Rockefeller Plaza, with plans to convert them into overnight apartment-style suites. Around the same time this year, the Marriot announced that it would be launching its own vacation rental platform.