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Mint House acquires Locale to expand residential hospitality offer
Reading Time: < 1 minuteUS: Flexible living operator Mint House has acquired residential hospitality company Locale. The transaction includes both cash and stock with Mint House investors supporting the deal through the investment of additional capital. Locale’s properties will be rebranded and integrated into Mint House’s portfolio, bringing the company to a total of 22 properties in 13 US […]
Merilee Karr discusses the STAA’s partnership with Locale
Reading Time: < 1 minuteLondon: Merilee Karr, chair of the UK Short-Term Accommodation Association [STAA] and CEO of UnderTheDoormat, speaks to ShortTermRentalz at last month’s Short Stay Show about the association’s partnership with digital property management expert company Locale to launch a new prototype buildings management platform, Trusted Hosts.
STAA waives fees for small corporate and new members for two months
Reading Time: 2 minutesUK: The UK Short Term Accommodation Association [STAA] has announced that it is to waive its membership fees for the next two months for some of its existing corporate members and all new members. The chair of the trade body representing the short-term rental sector, Merilee Karr, said: “In these unprecedented times, where the travel […]
STAA and Locale launch Trusted Hosts buildings management platform
Reading Time: 3 minutesUK: The UK Short Term Accommodation Association [UK STAA] and Locale presented Trusted Hosts, a new prototype buildings management platform, at last week’s Short Stay Show in London. The short-term rental trade body and the digital property management expert company have partnered to create the new prototype technology for the short-let industry. It was unveiled for the […]
Locale raises $11m in Series A funding round
Reading Time: 2 minutesUS: Austin-based upscale aparthotel brand Locale has announced that it has raised $11 million in Series A funding. The round was headed up by Amplo, with participation from Susa Ventures and Metropolis Capital Partners. The latest round brings the firm’s total funding to date to $14 million. Locale, founded in 2016, aims to convert apartments […]
Locale to expand property footprint in Texas
Reading Time: 2 minutesUS: Aparthotel firm Locale is expanding its footprint in Texas with newly signed leases across five luxury residential buildings in Dallas and Fort Worth. The Dallas and Fort Worth units are scheduled to be available in early September. The addition of two new markets will take the number of units the Austin-based startup operates to […]
Locale secures $2.5m in Seed Round funding
Reading Time: 2 minutesTexas: Austin-based apart-hotel brand Locale has announced it has secured $2.5 million in Seed Round funding led by Amplo and Susa Ventures. It represents Locale’s first funding round since the company’s launch in Austin in late 2016. Since then, Locale has expanded to Houston and Nashville, where it now leases and manages more than 150 furnished apartments for short and extended stays. With the additional […]