About Nustay

Nustay is an online hotel booking platform, with a disruptive new hybrid concept not seen before. Offering an extensive inventory of more than 1.5 million hotels worldwide, at the best prices on the market.

Nustay uses a unique AI driven approach to searching hotels, which enables our users to find the right, most relevant and best-value-for-money hotel offers, based on the user’s personal preferences.

Business Concept

Nustay is a Danish start-up company within the hotel booking market that offers its customers a new hybrid concept, combining the best aspects of existing online booking systems. The Company is an Online Travel Agency that delivers personalised hotel deals for each registered user depending on the preferences of the user and the type of stay. Nustay has a vision of becoming the best and most disruptively innovative hotel booking platform in the world. The Company’s innovative and advanced hotel booking platform has been under development since 2014 and is today online, active and has proven its ability to handle customers all over the globe.

Vision

Nustay's vision is to provide smart access to the best prices for all hotels and rental properties in the world through one search.

Mission

Nustay’s mission is to always have the biggest inventory of hotels & rental properties at the best prices, with 100% transparency in “what you see is what you get“.

History

Nustay was founded in September 2014 after our CEO & Founder had a terrible experience after booking a hotel.

A few years ago, I went on a holiday to Thailand. From my computer back home in Denmark, I had booked a fantastic-looking hotel right by the beach, thinking this would be a great vacation. However, upon arriving at the hotel, I quickly found out that this hotel did not meet my expectations. I kept thinking that if I had known more about this hotel, I would have booked another hotel from the start. Being an entrepreneur, it dawned on me – what if there was a hotel booking site where you not only could book hotels based on price and location – but also after your personal preferences?

Board of Directors

  • Michael Telling Jørgensen

    Board Member
    • Partner at Telling & Nesgar Hotel Consultancy
    • Previous positions: Managing Director of Hotel Sankt Petri (5*), Kokkedal Slot (5*) and Hotel D’Anglettere (5*+). Member of the board: First Hotels AS, Flying Elephant AS, Hotel Residens Møen, Rødvig Kro & Badehotel.

    With 20+ years hotel management experience within the luxury segment, combined with numerous hotel industry related board positions. Michael is one of of Scandinavia’s most experienced and respected hospitality executives.

  • Carl Erik Skovgaard

    Board Member
    • Partner at DLA Piper Denmark, international business law advisory firm.
    • Previous positions: Partner at DELACOUR Limited Partnership Law Company, Honorary Consul for The Republic of Iceland in Denmark.

    Carl Erik is mainly engaged in serving on company boards and dealing with business transfers/M&A. The combination of his law and finance degrees makes him a preferred advisor to executive boards and boards of directors, and he has vast experience in preparing strategies as well as in management at both operational and tactical levels.

  • Simon Skouboe

    Chairman & Founding Investor
    • Business owner and professional investor. Largest Shareholder in Nustay.

    10+ years experience as active investor and board member in numerous companies in various industries, including IT and hospitality. Strategic business advisor to Nustay since the company’s conception.

Management

  • Mathias Lundoe Nielsen

    CEO & Founder
    • Award-winning entrepreneur
    • Has built 5 tech companies during his career

    A seasoned e-commerce entrepreneur with five startups to his name, Mathias Lundoe Nielsen is on a mission to conquer a USD 500 bn market with Nustay.com.

    As of today, he has successfully raised more than USD 6 m in seed capital for Nustay from a VC firm and angel investors, building the organization to cover 60+ full time employees in Copenhagen and Kiev, with plans of ambitious global expansion.

    Academically, Mathias Lundoe Nielsen holds a CBL with Henley Business School and is a keynote speaker on the use of big data in the travel market with TEDx and numerous others thought leader events.

    We have a unique position as a new player in the hotel OTA market with a radically different approach that puts the customers’ personal preferences and low prices first. With this approach, we believe that we can attract a large number of customers and take a sizable part of the market for online hotel bookings in the future.
  • Michael Barabash

    CTO
    • Previous position: CTO / Software Architect BETLAB
    • Other positions: Senior .NET developer / Software Architect Luxoft, CTO/ Software Architect IntelliSoft

    Michael is responsible for all technological decisions on Nustay’s platform. Ensuring that all requirements and vision from stakeholders are matched with outstanding technical development and all technical teams operate at the highest level. He also ensures that our systems architecture and architectural process are resilient, agile, and ready to meet all fast growth business challenges.

    With over 12 years’ experience at the highest levels of complex software architecture and systems engineering, Michael is one of Europe’s leading talents in high load complex systems, programming languages, platforms and development processes.

    With refined skills in systems architecture, C#, Golang and Python development. Michael believes the human factor is one of the most important aspects in software engineering and constantly works to evolve and form agile project management and development processes, to lead highly motivated teams to their best performance.

    Nustay is a bright example of a tight and effective partnership between business, development and operations. I'm excited to be involved in such global high-load product, which has a mission to deliver the best prices for customers all over the world.
  • Søren Morbitzer Christoffersen

    CFO
    • Previous positions: CFO & EVP at Ultrabulk Shipping A/S, Zacco A/S, Svitzer A/S and TDC Mobil A/S. FD at Xerox Denmark A/S, RVP at Citibank N.A. and senior auditor at KPMG
    • Other positions: Board member in various shipping- and transportation companies, Executive advisor, Co-coordinator of first TEDx Frederiksberg, and Mentor at DTU Hardtech Entrepreneurship

    With an educational background as M.Sc. in Economics & Business Administration and State-Authorised Public Accountant, Søren has for more than 30 years worked with all aspects of Financial Management and Leadership – and in a range of industries, from banking, telecommunication, consulting, e-commerce, to shipping during 15 years with A.P.Møller Maersk companies.

    Søren, being responsible for management and all finance, legal and compliance aspects within Nustay, is driven by working in a professional and passionate environment. He has during most of his career worked with change management in growth companies, amongst other things being instrumental in Svitzer’s profitable growth from a 60 MUSD local operator to an 800MUSD global business operating in more than 35 countries.

    Søren is an experienced people manager and has in his previous positions build and developed highly skilled and efficient organisations - people, processes and systems.

    I think Nustay has developed a unique business model, with huge benefits for the customer. At the same time the intelligence behind the model forms a fantastic base for Nustay to capture a substantial part of the market and even be able to fund most of the future growth internally - I have no doubt this will happen ! As a newcomer to the company, I also have to say that I enjoy tremendously working with such passionate, ambitious and skilful colleges.
  • Doug Costello

    CCO
    • Previous position: Head of Business Development, Nustay.com
    • Other positions: Founder and Managing Director of TEDxKEA

    Doug holds the responsibility for building and managing Nustay’s global hotel partnerships. It has been Doug’s core mission to ensure Nustay has the best prices on the market and full direct booking ability at every hotel, in all corners of the world.

    Joining Nustay early in the company’s conception, Doug has over the past three years, systematically and strategically partnered with the top hotel suppliers around the world.

    Before joining Nustay, Doug won the branding and license rights for TED in Denmark, a global non-profit thought leading organization and went on to found TEDxKEA, which he ran as Managing Director for 3 years.

    From the very beginning I have been intoxicated by the ambition of Nustay. Undaunted by the competition, Nustay is carving out our market share with a better product, better prices and better service.

Group Structure

All business activity is consolidated in Nustay A/S:

Nustay A/S is a company duly incorporated under the laws of Denmark with business registration no. 36090316, and with its registered office at Nyhavn 43b, st. 1051 Copenhagen K, Denmark (“Nustay”). Nustay was established on 16 September 2014.

Nustay A/S has two fully owned and controlled subsidiaries:

  • Verified Hotel Booking ApS (CVR: 39288664)
  • Tech Venture ApS (CVR: 39739887)

Partners

google
Bizspark Plus Alumni
amazon web services
sedermera
Nordnet

Career

We’re always on the hunt for talented people to join Nustay’s team as we rapidly expand.
Click here to see our job openings