Have a Kozystay! This Indonesian hospitality and short-term rental management company helps you find affordable and well-designed accommodations around Indonesia. 

• Now, they just raised their Series A!

Investor check. Integra Partners, Cercano Management, and Intudo Ventures joined the round. 

• The amount raised was not disclosed. 

‍

🛋️ The ABCs of Kozystay

Kozystay works with real estate developers to manage and convert underutilized high-end properties into income-generating tech-enabled aparthotels.

This allows their guests to access high-end apartments and villas for short-term rentals or alternative accommodations. 

• With remote work reshaping how we travel and live, Kozystay’s model can accommodate both local and domestic travel behaviors. 

What you can find. You can discover and book urban apartments, anything from urban apartments in the city to dreamy villas in Bali. 

‍

🎟️ Milestone check

In the last two years, they’ve reached more than 7x revenue growth.

Oh, and they’ve also sealed partnerships with developers and brands like Homes & Villas by Marriott Bonvoy. 

• This allows their guests to earn loyalty points while booking Kozystay properties. 

‍

🍹 What’s next?

They’ll use the $$$ to expand their portfolio to over 1K high-end apartments and villas.

• They’ll continue expanding in Jakarta, Bali, and Bandung and have plans to enter new cities like Surabaya, Bogor, and Lombok. 
• Oh, and they also expect to reach profitability by the end of 2025.