SafeStay Australia partners with I-PRAC for $6m investment

Australia: Australian short-term rental safety auditor SafeStay have announced a partnership with I-PRAC international.

The two together will be investing $6m into the Australian short-term rental market in order to improve safety standards and bolster the sector’s legitimacy.

SafeStay was founded by a trio of Australian experts who sought to improve safety standards in the industry after seeing significant amounts of fraud, injury and even fatalities. Their current programmes use a meticulously designed framework and audit inspection process to ensure legitimacy of the various properties.

Damian Morgan, SafeStay Australia co-founder, said: “We aim to certify 100, 000 Australian properties to lift cleanliness and safety standards for both guests and hosts during this challenging time. Guests are our number one priority and we want them to know that they are safe with SafeStay.”

Every property checked over by SafeStay gets a seal of approval, to provide credibility for operators, and to build trust. These efforts have been increased due to the safety concerns levelled by the global pandemic.

The partnership with I-PRAC will ensure that when purchasing a gold certification from SafeStay, owners will be able to get a free membership with ASTRA and free I-PRAC verification. I-PRAC, who specialises in fraud prevention, hope that this partnership will improve the legitimacy of the industry within Australia.

Chris Maughan, I-PRAC co-founder, said: “As I-PRAC has grown over the last four years, we have been looking into partnering other brands who have the same vision and mission as I-PRAC to bring a cleaner, safer and more trusted hospitality sector for consumers. Been able to partner with SafeStay Australia falls in line with our mission and we are delighted and proud to be associated with a leading safety organisation who are also dedicated to building a safe and trusted short-term rental industry.”

This news comes as regulation rises in Australia. Western Australia has recommended restrictions on the industry, while New South Wales has only recently delayed attempts to publish an industry code of conduct.