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hovelstay.com hosts budget conscious college students during their travels abroad
GLENDALE, Calif., Aug. 13, 2014 /PRNewswire/ -- hovelstay.com, a Los Angeles based startup that lists inexpensive and interesting places to stay for traveling college students, announced today that it has secured $1.2 Million US in Series A Funding. Private investors in London and Dubai lead the funding.
hovelstay.com allows the traveling student to find simple, sometimes unconventional, yet often affordable lodging while giving Hovel Hosts a chance to monetize free space.
"We really wanted to be the anti-luxury vacation rental site. Two of us who had years in the vacation rental business were always floored at how serious a lot of these vacation rental sites took their properties, describing them as luxury when in fact they weren't. So we decided on the approach of full disclosure – if it's a dump, we would love to have it, and students are in on this kind of experience. It's not just where you stay, its what happens when you stay there. The same experience as when you backpack through Europe during a summer break – you're willing to sleep on a bale of hay inside of a barn in Germany to save money. That's what we are selling. But, to be on the safe side, we do have some cool luxury listings, too." Michael Bolger, CEO/ Co-Founder of hovelstay.com.
Founded in 2014, hovelstay.com is a niche marketplace for college students seeking a little adventure within their crash-space. Be it a weekend to Los Angeles, or a summer internship on the outskirts of Oklahoma City, hovelstay.com is here to help find the cheapest and possibly most interesting sleeping accommodations.
Louise Miclat, 562-547-8350
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