Guesty secures $130 million in Series F funding and targets IPO
Israel / US: Property management software platform Guesty has raised $130 million in a Series F funding round.
Israel / US: Property management software platform Guesty has raised $130 million in a Series F funding round.
Worldwide: Door-to-door luggage shipping company luggagecloud is expanding its reach into the serviced apartment sector.
US: Flexible apartment living membership company Landing has acquired tech-enabled flexible housing operator Barsala in a $30 million transaction.
The Netherlands: Amsterdam-based hospitality cloud Mews has become a unicorn, valued at $1.2 billion following its latest funding round of $110 million from existing and new investors.
UAE: Five-star property Marriott Executive Apartments, Dubai Creek has partnered with mobile F&B ordering platform IRIS to support in-room dining.
US: Extended-stay hotel franchisor My Place Hotels of America has partnered with Grubhub, an online and mobile food ordering and delivery platform.
UK: Business travel management platform TravelPerk has closed an additional $104 million funding led by SoftBank Vision Fund 2.
Worldwide: Technology and business consultancy BJSS has partnered with extended stay accommodation agency Situ to launch Xenia, an automated booking platform.
APAC/EU: Operator Frasers Hospitality has partnered with fintech platform Adyen to power payments across the group’s portfolio in Singapore, Malaysia, Australia and Europe.
UK: Global corporate accommodation platform AltoVita has unveiled its new free-to-use EcoStats tool to accurately estimate the CO2 emissions for each night’s stay in
US: Development and management company Brandt Hospitality Group has opened its first extended stay hotel in New York, the Home2 Suites by Hilton Poughkeepsie.
US: Tech-enabled hospitality and multifamily operator Placemakr has opened its 81-unit Navy Yard aparthotel in Washington DC.
Saudi Arabia: Baheej Tourism Development Company, a joint venture between ASFAR, the Saudi tourism investment company owned by PIF, and the Tamimi-AWN Alliance, has signed an agreement with operator Kerten Hospitality for its premium Cloud7 brand in Yanbu.
UK: Management company Switch Hospitality has completed the redevelopment of its aparthotel Birmingham with the addition of an on-site store.
UK: Eden Grove Developments Limited, the freeholder of The Coal Exchange Hotel in Cardiff, has appointed KEW Planning to redevelop the site and explore the addition of serviced apartments.
US: Choice Hotels’ midscale extended stay brand Everhome Suites has debuted in Nampa, Idaho, marking the third opening for the brand.
US: The independently owned and operated Shorehouse Hotel, located in Buena Vista, Colorado, has opened.
UAE: The Ascott Limited has unveiled ambitious expansion plans to grow its portfolio in the MENA region.
UK: Property management and development company The Nurtur Group will open its first serviced apartments offering in Preston, Lancashire, on 1st July.
UAE: Rotana has revealed its growing pipeline of planned openings in the Middle East, Africa and the UK..