AN OFFICIAL PRESS RELEASE
August 9, 2023

PEG Property Group Launches Short-Stay Strategy at Multifamily Communities in Salt Lake City

The new strategy enables Seven O2 Main Apartments and Paperbox Lofts to offer a hospitality-like option for short-term housing needs, vacations, business trips, and beyond through seamless bookings, personalized amenities, and superior service.

SALT LAKE CITY, UT – PEG Property Group, the multifamily and commercial property management arm of PEG Companies “PEG”, has joined forces with Lavanda, a prominent short-stay platform, to offer short-stay visits at two Salt Lake City-based multifamily properties, Paperbox Lofts and Seven O2 Main Apartments. The collaboration launches PEG into a new strategy to provide exceptional short-stay hospitality experiences at some of its multifamily communities.

 

“We are thrilled to announce the launch of our Lavanda partnership at Seven O2 Main and Paperbox Lofts,” said Annette Folch, Vice President of Property Management at PEG Property Group. “Our partnership with Lavanda, a renowned player in the short-stay industry, allows us to leverage cutting-edge technology and enhance the guest experience across our properties. We look forward to showcasing our partnership and the exceptional service we will be delivering.”

 

PEG will expand its reach by utilizing popular online platforms such as booking.com and Airbnb as additional distribution channels for the new short-stay inventory. With the integration of these platforms, PEG will increase visibility, attract a wider customer base, maximize space, and meet the growing needs for short stays in the current market. With a minimum length stay of three nights, short stay guests have the freedom to customize their stay according to their individual preferences and requirements, making PEG properties a top choice for flexible and tailored accommodations.

 

The collaboration between PEG and Lavanda signifies a commitment to innovation, excellence, and delivering exceptional experiences to guests and residents alike. By harnessing the power of technology and strategic partnerships, PEG continues to set new industry standards and solidify its position as a leader in the real estate market.

 

For more information about PEG and its diverse portfolio of properties, please visit https://pegcompanies.com/. To explore the exceptional offerings of Paperbox Lofts, and Seven O2 please visit https://www.paperboxlofts.com/, https://www.seveno2main.com/ For more information about Lavanda please visit www.getlavanda.com.

 

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About PEG Property Group
PEG Property Group is the multifamily and commercial property management arm of PEG Companies “PEG”, a leading commercial real estate investment firm, known for its unique approach to creating value. PEG Property Group manages properties in 9 states and has received numerous honors including multiple Property of the Year awards and Best Places to Work in Multifamily. For more information on PEG Property Group and its sister companies, visit pegcompanies.com.
About Lavanda
Lavanda is a leading short-stay technology platform, offering innovative solutions to property managers and owners. With a focus on streamlining operations, optimizing revenue, and delivering exceptional guest experiences, Lavanda empowers property professionals to thrive in the dynamic short-stay market.
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