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Mandarin-backed Stay One Degree grows in US

Stay One Degree, a community which allows luxury travelers to experience vacation homes around the world directly from like-minded homeowners, is expanding into the U.S. following growth in both its community and home inventory in the U.S. market.

Already established in the UK, Europe and Asia, the community currently offers more than 3,500 properties in over 250 destinations. Committed to their U.S. growth, Stay One Degree Co-Founders Jorge Munoz and Thomas Bennett have opened a U.S. headquarters in Miami with plans to further develop its team and open additional offices in the market over the next 12 months. The expansion follows less than a year after Stay One Degree secured US$5 million in funding led by Mandarin Oriental Hotel Group. This collaboration will provide the Stay One Degree community with access to a range of exclusive benefits and bespoke experiences.

Stay One Degree property in Telluride, Colorado

Since its launch in 2018, Stay One Degree now has over 50,000 clients in 70-plus countries. It reports that during the past 12 months, there has been a +640% increase in the growth in U.S. clientele and a +370% growth of U.S. homes added to the portfolio.

In the next 12 months, Stay One Degree is currently projecting their U.S. community will increase by a factor of 10x and the number of homes in the market will increase by more than 300%. In addition to the projected growth in the U.S., Stay One Degree will also be launching a range of curated unique experiences for its members due to increasing demand. Experiences to include, Coast to Desert: Wellness Escape, combining a week stay in Malibu with a private yoga instructor and chef followed by luxury private helicopter charter to Palm Springs for the ultimate relaxation, among others.

Every Stay One Degree home is individually vetted and must pass 300 quality checks. Likewise, all prospective members are verified.

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