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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Domio was founded in June 2016 and launched in August 2016 by Jay Roberts and Adrian Lam, both former real estate investment bankers at BofA Securities. [3] [9] [10] [11]In October 2018, Domio raised a $12 million Series A round from Tribeca Venture Partners and SoftBank Capital.
Some of these residents have lived at the Riviera Apartments in Miami Beach, Florida for more than 10 or 20 years — and now they have less than two months to get out, according to a CBS News ...
Vacation rental bedroom in Liesing, Austria. A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US.
To date, this is the largest funding round ever raised in the vacation rental management sector, [36] and the largest series B funding round ever raised for an Oregon technology company. [ 37 ] On October 18, 2018, Vacasa raised a Series B extension of $64 million, bringing the company's total funds raised to $207.5 million. [ 38 ]
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