While some people look forward to reconnecting with their families and friends, others are looking for quiet vacations to disconnect and recharge during this summer's travel season.
John Staff, a privately owned hospitality company that offers sleek cabin rentals in remote locations, has increased its occupancy rate by around 600% since 2018, according to John Staff, founder and CEO of Yahoo Finance Live. Its occupancy rate has gone up 92% in 2020 and 93% in 2021, according to an interview with Yahoo Finance Live.
Our revenue is up, our profit is up, our occupancy is stronger than ever and we are happy about where the business is today. Many city dwellers need to withdraw from their busy lives and limited spaces because of the strong rental demand for secluded cabins. Staff said that many guests are looking to unplug and be with nature, family, or both.
We are seeing a lot of demand for folks to reconnect with what really matters and find more time with those they care most about, and to escape the craziness of our everyday lives. In the last 12 -- 18 months, the expansion of the company was challenged by economic volatility and inflation pressure. The rising construction costs interrupted new outpost developments, according to staff. Demand remains strong for what we do, and we have a healthy business model that can absorb some of this, he said.
The Getaway camping experience provided to consumers is nothing but basic. The cabins are built to provide convenience and comfort for urbanites. Outposts are located within a two-hour drive from their respective city and are equipped with private hot showers, kitchenettes and a smores kit upon request. For an authentic isolated experience, WiFi is not available and there is a cell phone lockbox. Staff explained the team's vision: We built cabins where there is no Wifi, where you can be inspired by the trees, to have a campfire, to have a deep conversation with your partner or your kid, and where we try to get you to do nothing. The Gateway Campgrounds were recently introduced in order to meet growing demand. The new series provides more traditional outdoor experiences on developed camping grounds, at which guests can request tents or bring their own. The campground experience offers similar comforts to the company's cabins, but guests sleep under the stars, according to staff.