What is Getaway?
Getaway, formerly known as Postcard Cabins, offers contemporary cabin rentals and glamping experiences designed for comfort and community within natural settings. The accommodations feature essential amenities such as kitchens, warm showers, and air conditioning, with pet-friendly options available. Positioned as an ideal destination for families, friends, and solo travelers, Getaway also facilitates unique event hosting for celebrations and corporate retreats. As part of Marriott Bonvoy's Outdoor Collection, the company provides a seamless booking experience and loyalty program integration, enhancing its appeal in the burgeoning outdoor hospitality market.
How much funding has Getaway raised?
Getaway has raised a total of $64.2M across 2 funding rounds:
Series B
$22.5M
Series C
$41.7M
Series B (2019): $22.5M with participation from Starwood Capital Group
Series C (2021): $41.7M led by Certares Management
Key Investors in Getaway
Starwood Capital Group
Starwood Capital Group, a prominent investment firm founded in 1991, brings extensive real estate market expertise to its backing of Getaway. Their involvement suggests a strategic focus on hospitality assets and growth-stage companies within the real estate sector.
Certares Management
Certares Management, established in 2012, specializes in direct investments within the travel and hospitality industries. Their significant backing of Getaway highlights a strategic partnership aimed at driving growth through deep sector experience and operational collaboration.
What's next for Getaway?
With a major strategic investment and a substantial total funding amount of $64.2M, Getaway is poised for significant expansion and operational enhancement. The company's focus on modern cabin experiences and its integration into the Marriott Bonvoy portfolio suggest a strategic push towards scaling its offerings and potentially acquiring new properties or enhancing existing ones. This capital infusion will likely fuel further development of its community-focused amenities and event hosting capabilities, solidifying its position as a leader in the curated outdoor hospitality sector.
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