UAE hospitality platform Qstay raises $6.5m seed round

UAE hospitality platform Qstay raises $6.5m seed round
The company currently operates as a virtual hotel brand with 200 units. (Supplied)
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Updated 24 July 2022
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UAE hospitality platform Qstay raises $6.5m seed round

UAE hospitality platform Qstay raises $6.5m seed round

RIYADH: UAE-based hospitality platform Qstay has raised a $6.5 million seed funding round, in a mix of debt and equity.

The company currently operates as a virtual hotel brand with 200 units as it also provides digital access to nearby pools, beaches, gyms, and spas for its guests.

Founded in 2020, the company is planning to use its acquired funding to invest in technology as well as expand its footprint and product offerings.