Scottish start-up TravelNest has secured £1.8 million from Silicon Valley Bank UK Branch (SVB) and Scottish Enterprise to help drive staycation growth and support a strong rebound from Covid-19. In common with the wider travel industry, TravelNest experienced a bookings downturn in the wake of the coronavirus pandemic but the vacation rental platform has seen a significant bookings bounce back as traveller confidence returns. TravelNest’s product improves occupancy rates for vacation rental properties by automating marketing and increasing exposure on top booking sites like Airbnb, Booking.com, Expedia, TripAdvisor, Vrbo and TUI, while reducing administration time for vacation rental owners. Since lockdown measures eased earlier this year, TravelNest has recorded triple-digit increases in nights booked via its platform.