Close

Cart

Total $0.00

Checkout

Book. Stay. Go. eliminates upfront cost of mobile room key adoption for hotel partners through $100M strategic financing partnership with Direct Capital.

SAN FRANCISCO – June 14, 2016 – Book. Stay. Go., today announced a strategic partnership with Direct Capital, a division of CIT Bank, N.A., to provide $100M pre-approved equipment financing to hotel partners through the Book. Stay. Go. + ASSA ABLOY Hospitality Door Hardware Upgrade Program.

“Today, we are pleased to announce our strategic partnership with Direct Capital – the first of it’s kind in the industry to accelerate mobile key adoption,” said Viko Bhakta, CEO/Co-founder, Book. Stay. Go. “In our customer development, capital expenditure requirements to upgrade existing door locks and enable smartphone room keys are a valid, and often-asked question.”

“With our Direct Capital partnership, our customers can expect $0 capital expenditure requirements through our Book. Stay. Go. + ASSA ABLOY Hospitality Door Hardware Upgrade Program. Instead, partners and innovative hoteliers can expect a low monthly, fixed payment, which will have an immediate ROI with the increase in operationally efficient guests delivered at lower acquisition costs through Book. Stay. Go.,” said Bhakta.

“We are very excited to announce our partnership with Book. Stay. Go . to provide a wide variety of financing options to assist hotels in the Book. Stay. Go. + ASSA ABLOY Hospitality Door Hardware Upgrade Program,” said Samuel Young, Hospitality Financing, Direct Capital. “Our standing as a division of CIT Bank, N.A. allows us to provide $100M pre-approved equipment financing to accelerate mobile room key adoption in the hospitality industry – in addition, we pride ourselves on our ability to complete high level transactions fast, hassle free and at a great price.”

Earlier this year, Book. Stay. Go. launched an exclusive Book. Stay. Go. + ASSA ABLOY Hospitality Door Hardware Upgrade Program to onboard select hotel partners with a complete mobile solution, offering an entire software suite of mobile functionality, combined with door hardware upgrades to enable smartphone room keys provided by the most trusted hotel door hardware provider in the world, ASSA ABLOY Hospitality.

Starting today, the program is open to all hotels, including luxury, lifestyle and boutique hotels, as well as branded hotel owners. Hotel partners can easily apply for pre-approved financing by visiting www.ve-go.com and access the Direct Capital application directly from the homepage. Hotel partners can also apply for Direct Capital pre-approved financing at HITEC Booth #1336 in New Orleans.

Hotels join Book. Stay. Go. to offer an entire software suite of mobile functionality, including mobile booking, check-in, check out and chat messaging. Through the Book. Stay. Go. + Assa Abloy Hospitality Door Hardware Upgrade Program, hotel partners upgrade door hardware to enable smartphone room keys and complete the mobile experience.

With Book. Stay. Go., travelers can control their entire stay from their mobile device, with a single, slick mobile app. The app offers a number of useful features for travelers, including deep Uber integration, which allows users to automatically link their hotel destination information into the Uber app, for hassle-free travel to and from the hotel.

Below is the full feature list now available on Book. Stay. Go.:   

  • Offer high-demand, last-minute and corporate rates
  • Direct mobile bookings 
  • Mobile check-in prior to arrival 
  • Skip front desk with smartphone digital room key 
  • Free WiFi network & password info 
  • One-tap Uber trip integration
  • Mobile check out with expense reporting options, including Expensify 

To become a member of the Book. Stay. Go. + ASSA ABLOY Hospitality Door Hardware Upgrade Program, visit Booth #1336 at HITEC New Orleans and go home a Mobile Hero! 

About Book. Stay. Go.

Book. Stay. Go. provides a complete mobile solution for hotels. Book. Stay. Go.delivers a guest-facing mobile app for mobile booking, room selection, check-in/checkout and mobile room key.

For more information, visit www.bookstaygo.com.

Download Book. Stay. Go. on the App Store.

Contact: Michael Lofberg

michael@ve-go.com / 3617742957

About Direct Capital

Direct Capital, a division of CIT Group Inc. is an American financial holding company founded in 1908 with more than $65 billion in finance and leasing assets. 

CIT maintains leadership positions in middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and global vendor finance.

Contact: Samuel Young

syoung@directcapital.com / (603) 766-9371

Related News

Urban Creation Implements ASSA ABLOY Hospitality Mobile Access and Locking Solutions at its New Stylish Student Accommodations

Intelity Asks: 'Are You Embracing Modern Technology?'

JUCY Snooze Christchurch Integrates ASSA ABLOY Hospitality Mobile Access for Complete Guest Convenience

New Radisson RED Hotel Employs ASSA ABLOY Hospitality Mobile Access as Key Part of Dedicated Hotel App

Park Plaza Arena Pula Modernizes Guest Service with Implementation of ASSA ABLOY Hospitality Mobile Access

Why Digital Messaging is the Top Key to Loyalty for Travel Brands

ASSA ABLOY Hospitality to Showcase Latest Security Technology and Design Innovations at HITEC 2016

New ASSA ABLOY Hospitality White Paper Addresses Best Practices for Implementing Mobile Access Solutions in the Rapidly Evolving Hotel Industry

Hotel Mobile Apps Lagging Behind; Fail to Wow Customers

Expressway Inn Bismarck Adapts to Evolving Travel Trends with Rollout of ASSA ABLOY Hospitality Mobile Access

Book. Stay. Go. Launches SaaS-Enabled Hotel Marketplace, Featuring Mobile Check-in and Mobile Room Keys

CPH Studio Hotel Adopts Advanced Student Housing Security Technology With ASSA ABLOY Hospitality Mobile Access

How Can Hotels Use On-Demand Technology to Cut Costs and Improve the Guest Experience?

Roomkey.io Launches Complete Mobile Solution for Hotels

Intelity Study Reveals Mobile Check-In One of Top Services for Hotel Apps

Menin Hospitality Selects RoomKey as Preferred Mobile Travel Agent

Marriott Expanding Mobile Check-in and Checkout Services to Ten Additional Brands

Quadriga Launches New Mobile Housekeeping App Across 11 Hotels

Handheld Hospitality Announces “At Your Service”™ a Mobile Device App for Hotels & Guests at HITEC

All News »

Please login or register to post a comment.