Bookings were also up
Travel booking platform Stayforlong reveals huge growth in 2023
An online travel platform for longer stays, Stayforlong, has revealed its growth figures for 2023, which is says “solidifies” its position as a “key player” in the travel industry.
It said revenue soared by 61% compared to 2022, reaching a total of €680.6 million, while bookings saw a 88% increase, reaching 309,556 in total.
The platform facilitated travel experiences for more than 946,000 travellers in 2023, marking a 143% year-over-year growth.
The year also saw Stayforlong expand its reach to 24 countries including key markets like the UK, France, US, Germany, Italy, and Spain.
The platform saw significant growth across all regions, with a particular focus on Western Europe.
Stayforlong is poised for continued growth in 2024 with ambitious goals to achieve.
It hopes to increase bookings by 30% compared to 2023, reaching an estimated 402,423 bookings alongside a gross revenue of €300 million in 2024, to exceed the previous year's record by over 100%.
As a trusted name in the travel industry, Stayforlong recognises the evolving needs of travellers and provides options to cater to diverse preferences, reflected in the
It hopes that by looking at cost saving opportunities for Stayforlong customers when booking premium travel experiences for longer stays, the firm will be able to achieve its targets.
“We are incredibly proud of the tremendous growth we achieved in 2023," said Luis Osorio, CEO of Stayforlong.
“This success is a testament to our commitment to providing exceptional travel experiences for our customers and collaborating with leading hotels across the globe."
He said: "We are confident that by leveraging our strong foundation and innovative approach, we will continue to be a driving force in the travel industry in 2024 and beyond."