Luggage Storage Offers New Revenue Stream for NYC Businesses


Posted January 27, 2022 by mtmatre

London-Based Company Expands to New York City Giving Businesses an Additional Source of Income for Their Extra Space

 
NEW YORK CITY, January 27, 2022 — The world’s first luggage storage network is expanding across the pond and offering NYC businesses an additional source of income and foot traffic. Stasher connects businesses with visitors who want to keep their luggage safe while they enjoy a city. Since 2015, Stasher has connected hundreds of thousands of travelers to over 2,500 businesses in 250 cities worldwide. They are now expanding their international presence into the U.S. Market starting with New York City.

While the industry is poised to return to pre-COVID levels of tourism by 2025 (New York Dept. of City Planning), the new Omicron variant has NYC facing another challenging time of decreased tourism. Temporary storage offers a revenue stream that does not require any additional resources or expenses for businesses and serves the increasing number of short-term or day travellers.

The UK’s largest hotel brand, Premier Inn, has called Stasher “their best innovation project alongside Amazon lockers.” Premier Inn is projected to make over £1million in 2022 on aggregate from their StashPoint locations.

“Stasher has been a great way to make our unused space work for us as well as helping us upsell our other restaurants and bars. Especially as the travel industry slowly recovers, we welcome every chance we get to boost our hotels’ profitability,” says Premier Inn.

Stasher customers are often in a city for a quick layover, waiting for a flight, arriving early, or spending the day in a city without a vehicle to stash bags and luggage. Stasher locations (StashPoints) allow visitors to explore a city comfortably with peace of mind. Travelers with oversized bags, musical instruments, or sporting gear are especially appreciative of having a secure option to store their items.

Businesses benefit from additional income, foot traffic, and indirect revenue with about 50% of Stasher customers purchasing additional goods and services at their StashPoint locations.

In addition to their partnerships with larger hospitality brands such as Accor Hotels, The Atlas Hospitality Group, Premier Inn, Marriott Group, and Hotels.com, small and independent businesses have also boosted their revenue by hosting StashPoints. One independent property in London earned an additional £50k ($68k USD) in one year of storing luggage.

With an average booking value of $17, even small spaces can make a difference in revenue. A StashPoint in Gare du Nord added an extra €20k ($22k+ USD) in revenue with a storage capacity of 10 bags.

Stasher’s service is free for businesses to sign-up and requires no subscription or membership fees. Once a business is listed on Stasher, customers book a reservation directly with Stasher online or through the app. The business is immediately notified via email and through the host dashboard app. All insurance and customer support is provided by Stasher. Each month, Stasher pays the business directly for each bag stored.

For businesses interested in making their extra space make money by becoming a host on Stasher, more information can be found at: www.stasher.com/becomeahost.

###



About Stasher:
Stasher is the world’s first luggage storage network that connects businesses to customers who want to keep their luggage and belongings safe while exploring a city. Headquartered in London, UK, over 2,500 “StashPoints” can be found in 250 cities worldwide, stashing hundreds of thousands of bags each year and providing an additional source of income and footfall for thousands of businesses. For more information, please visit www.stasher.com.

Please Direct All Media Inquiries To:

Mt. Matre - Press & Media Relations
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mt. Matre
Country United States
Categories Business , Tourism , Travel
Tags business , Small Business , tourism , new york , NYC
Last Updated January 27, 2022