AltoVita, the corporate accommodation company, has announced a 367% year-on-year growth as part of its successful expansion into the US and APAC markets.

Driven by a demand for business travel, which is predicted to increase by 38% in 2022, AltoVita’s regional growth has resulted in a 2,873% increase in APAC and a 656% uptick in the US. The company says it can provide services across all 50 states in the US, and in 32 countries in the APAC region, including in India, China, and Singapore.

AltoVita is specifically built to create a cloud-based bridge between the fragmented property distribution system and Global 2000 companies, SMEs, government agencies, universities, and business travellers, with units in 1,553 locations. The company uses cloud-based automation to streamline the corporate accommodation booking process, rather than relying on manual e-mail and PDF processes.

AltoVita’s international success has also been mirrored in the growth of the team, with a 53% increase in headcount in 2022. Roles include technology, product, hospitality partner growth, customer success, marketing, and business development.

Supporting the start-up ecosystem

AltoVita has also launched its tailored offering for start-up companies so they can find affordable corporate extended-stay accommodation for their employees. AltoVita For Start-Ups provides discounted booking fees, no transaction fees, no security deposits, and consolidated billing statements and management. The start-up offering is available to companies less than 10 years old with under $5 million in annual revenue.

Vivi Cahyadi Himmel, CEO and Co-Founder at AltoVita, commented: “Our rapid expansion into the North America and APAC regions has emphasised the need for innovators like AltoVita in the corporate accommodation market. To match this demand, we’re increasing our manpower in these regions and developing new ways to support companies of all sizes. Our AltoVita for Start-Ups announcement spotlights our commitment to the start-up ecosystem, which is often an overlooked demographic for extended stay accommodation in the sector.”

Photo:  Karolina Saviova, COO (left) and Vivi Cahyadi Himmel, CEO.