InsuraGuest, a SaaS (Software-as-a-Service) company, recently expanded its reach to include Europe and the United Kingdom, and has set its sights on expansion to Asia by mid-2020. An article discussing the company reads, “According to InsuraGuest CEO Douglas Anderson, there were 2.8 billion hotel nights stayed in Europe, compared to approximately 1.1 billion in the U.S. in 2018. . . . In the same period, there were 2.6 billion hotel nights stayed in Asia — a market InsuraGuest is also planning to enter in the near future. Currently, the U.S. hotel industry has reached $218 billion in annual revenue, with roughly $100 billion spent on vacation rentals last year (http://ibn.fm/KWIyy). With distribution in the U.S. and Europe, InsuraGuest will reach a combined demographic of approximately 3.9 billion hotel stays and will double its vacation rental opportunities.”
To view the full article, visit http://ibn.fm/c05sK
About InsuraGuest Inc.
InsuraGuest is a SaaS (Software-as-a-Service) company utilizing its proprietary flagship InsurTech software platform to provide specialized insurance products to end users in the business-to-business (B2B) and business-to-consumer (B2C) markets. The company’s first focus is on the B2B hotels and vacation-rentals sectors, integrating its API with clients’ property-management systems to offer guests a specialized guest-protection policy. The platform-and-policy combination InsurTech product helps transfer the exposure to liability away from the client/property while guests benefit from potential accident and loss coverage during their stays. For more information, visit the company’s website at www.InsuraGuest.com.
NOTE TO INVESTORS: The latest news and updates relating to InsuraGuest are available in the company’s newsroom at http://ibn.fm/InsuraGuest
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