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Paul Mallee on Maison Privee’s Saudi expansion and the launch of its Madinah venture
Reading Time: < 1 minuteUAE: Piers Brown, ceo of International Hospitality Media, met with Maison Privee founder and managing director Paul Mallee in Dubai to discuss the company’s newly announced joint venture in Saudi Arabia, the scale of the Madinah development, and how rising tourism demand under Vision 2030 is shaping opportunities for short-term rentals across the Kingdom.
Saudi short-term rental platform Gathern raises $72m Series B
Reading Time: < 1 minuteSaudi Arabia: Riyadh-based short-term rental platform Gathern has secured $72 million [SAR 250 million] in Series B funding, valuing the company at over $266 million [SAR 1 billion]. The round was led by Sanabil Investments, with participation from STV, Nuwa Capital, Endeavor Catalyst, and Pinnacle Capital. Founded in 2017, Gathern has become one of the […]