Category: Get Hotel

Get Hotel – GetHotel.co

Sonder Raised $170 Million in Funding for Its Hotel and Short-Term Rental Model

Today, we are announcing that we recently closed on a Series E round of $170 million, led by Fidelity, WestCap, and Inovia Capital, which brings Sonder’s valuation to $1.3 billion. In the coming weeks, we expect to raise additional capital from new and returning investors that will bring our Series E total to around $200 million. This fundraise and valuation...

READ MORE Sonder Raised $170 Million in Funding for Its Hotel and Short-Term Rental Model

Chicago will start renting more than 1,000 of its empty hotel rooms to house coronavirus patients or those awaiting test results

Chicago will rent more than 1,000 empty hotel rooms as housing for those affected by the coronavirus, Chicago Mayor Lori Lightfoot announced in a press conference[1] on March 23. The rooms are intended to free up space in hospitals for patients in need of critical care. “Beginning today, individuals who either have a COVID-19 diagnosis or who are awaiting test...

READ MORE Chicago will start renting more than 1,000 of its empty hotel rooms to house coronavirus patients or those awaiting test results

Press

Serviced Apartment News November 30, 2020 – Serviced apartment and extended stay industry trends for 2021[1]. “Across all metrics extended stay hotels continue to perform better than the overall hotel industry six months following the start of the pandemic,” said Mark Skinner, partner at The Highland Group. Serviced Apartment News November 12, 2020 – US extended stay continues to outperform wider...

READ MORE Press

Generated by Feedzy