Mint House Acquires Locale
Summary
This deal will drive Mint House’s growth and consolidate its position within the industry as a player for travelers seeking accommodations and multifamily owners to optimize building profitability. Situated in prime urban locations, it combines hotel services with homes, all empowered by a tech platform for an enhanced guest experience. Its properties are located throughout the U.S. and are designed with elevated apartment-style amenities and connected workspaces, offering comfort, personalized service, and consistency for guests. Its guest experience include mobile check-in and keyless entry, pre-stocked groceries, 24/7 digital concierge services, on-demand fitness, smart thermostats, and shoppable spaces. Locale’s acquisition adds to this growth, with planned openings in existing and new markets such as Menlo Park, CA, Madison, WI, and Phoenix, AZ.