Worldwide: Privately owned rental marketplace Zumper has announced the launch of FlexPass, the company’s new subscription offering for remote and nomadic renting.
FlexPass has been launched to give renters access to thousands of premium, fully-furnished short-term rentals worldwide [minimum stay bookings of 30 days] without hidden fees, security deposits or leases. An annual subscription will cost $300 a year although the offering is currently free to renters who book before 31 March.
The offering works by first asking renters to fill out a form detailing their preferences before the FlexPass concierge sends a list of property recommendations from Zumper’s network. Potential renters are invited to select a property from the curated list, which Zumper then books for them.
Zumper’s network of 100+ cities from popular destinations to “hidden gems” across the world, including in the United States, Europe [such as London, Lisbon, Madrid, Berlin, Barcelona, Paris], the Middle East [Dubai] and Asia [Singapore and Hong Kong].
The news follows August’s announcement that Zumper was launching its short-term rental product for the first time and securing $30 million in a Series D funding round.
The investment round, which took the company’s total funding to date to $178 million, was earmarked for short-term rentals at a time when consumers are demanding, and in some cases requiring, flexibility in housing choices on one purpose-built platform.
Zumper now offers an inventory of more than half a million short-term listings, and its CEO, Anthemos Georgiades, joined the STRz podcast last year to discuss the product and funding announcements.