US: Texas-based online vacation rental booking site VacayMyWay has partnered with global digital trust platform SUPERHOG to debut a property damage guarantee worth up to $5 million in a bid to lead the way in host damage protection in the vacation rental industry.
Through the partnership, SUPERHOG is providing a $5 million guarantee for property damage and public liability alongside its digital toolkit, which includes guest screening technology, to all VacayMyWay hosts. Each guest and host is ID verified to ensure safety and accuracy, and reimbursements within three to five days of filing a claim, as well as pet damage protection.
The policy has been created to facilitate a seamless guest screening and security deposit process, while providing VacayMyWay hosts with the peace of mind that they are hosting guests who will treat their property with respect, allowing them to focus on other aspects of their business.
VacayMyWay CEO Jim Stewart said: “VacayMyWay is extremely proud to be the first vacation rental platform offering this level of proactive damage protection via SUPERHOG – a benefit unmatched by our larger competitors. Our guiding philosophy is to simplify the vacation rental process and get back to the fundamentals of vacations – without hassle and with confidence and transparency.
“That principle prompted this partnership which brings a higher level of safety and security to both our hosts and travellers, allowing both parties to travel with peace of mind,” he added.
Leo Walton, co-founder and growth director of SUPERHOG, said: “SUPERHOG’s partnership with VacayMyWay emphasises the common goal that both our companies share when it comes to improving trust and safety in the vacation and short-term rental space.”
While SUPERHOG’s mission is to solve the trust and protection gap facing short-term rental hosts, operators and guests around the world through its tech-based AI-supported toolkit, VacayMyWay aims to simplify the booking journey for guests and listing process for hosts, having launched in November.