New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Getaway Secures $42M in Series C Funding
Getaway, an outdoor-and wellness-focused hospitality company that offers escapes to tiny cabins in nature located less than two hours outside of major U.S. cities, closed a $41.7-million Series C funding round led by Certares, with continued support from existing investors.
In 2020, Brooklyn-based Getaway saw a 150% increase in bookings year-over-year, and nearly 100% occupancy on its existing portfolio, as people looked for a way to safely travel to socially distant destinations during COVID-19. The Series C funding will accelerate the development and opening of new Getaway Outposts.
“Our mission at Getaway has always been to provide people with a simple way to disconnect in nature, and in 2020 we have seen people turn to Getaway as a destination to safely disconnect,” said Getaway CEO Jon Staff. “We’re excited to partner with Certares to continue our mission to provide mindful escapes where people can safely travel and reconnect with nature.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing