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UnderTheDoormat raises close to £1 million for London homestay expansion project
Reading Time: 2 minutesLondon: Premium short-term rental platform UnderTheDoormat has announced it has successfully raised close to £1 million to focus on London expansion. The accommodation provider differentiates itself by only listing four and five star, fully-serviced properties for short term rent, which target customers who are willing to pay a premium. The total short stay market is […]
Airbnb’s Chinese rival in talks to raise over $200 million in funding
Reading Time: 2 minutesChina: One of Airbnb’s biggest Chinese rivals is in talks with Singapore’s wealth fund to secure $200 million in funding to take on the American vacation rental platform. Beijing-based Xiaozhu.com, who were reportedly almost acquired by Airbnb in 2016, lets its users rent out homes and apartments across China and it is now targeting the […]
TurnKey Vacation Rentals secures $31 million in funding
Reading Time: 2 minutesUS: TurnKey Vacation Rentals has secured $31 million in Series D funding to fund its expansion and development of vacation rental technologies. In the five years since its launch, TurnKey has grown to provide full-service property management to more than 3,500 premier vacation rental homes in top U.S. travel destinations. The funding was led by […]
Chinese rental start up secures $620 million funding
Reading Time: < 1 minuteChina: Rental start-up Ziroom has secured $620 million of investment led by private equity firm Warburg Pincus. Other participating investors include Tencent, Sequoia Capital China, China Renaissance, Principal Investment, Sunac Capital, GA Capital, H Capital, Source Code Capital, Haixia Asset and New Hope. Ziroom CEO Xiong Lin said, the proceeds will be used to expand […]