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San Antonio hotel converted into apartments for short-term stays

San Antonio

US: Flexible-use hospitality and multifamily operator Placemakr will launch 28 short-stay apartments housed in the former Continental Hotel in San Antonio on 6 March 2025. The Washington DC-based operator Placemakr has worked in partnership with real estate developer Weston Urban on the project, known as The Continental, powered by Placemakr. The building has been vacant […]

Placemakr lands $65m to fuel fresh growth

Placemakr

US: Placemakr, a flexible-use multifamily and hospitality operator, has raised $65 million in new funding and appointed Timothy G. Franzen, the former president of Graduate Hotels, to its C-suite.

WhyHotel to launch in Miami in May

WhyHotel

US: Washington DC-based pop-up hotel concept WhyHotel is set to launch in Miami in Florida on 1 May. The alternative hospitality service provider takes over yet-to-be leased units in new luxury apartment buildings and operates them as fully furnished hotel suites. WhyHotel plans to operate more than 100 units at a newly-opened 719-unit complex at […]

WhyHotel raises $20m in Series B funding round

WhyHotel

US: Alternative accommodations provider WhyHotel, which specialises in both luxury short-term accommodations and now extended stay offerings, has raised $20 million in a Series B funding round led by Harbert Growth Partners. The Washington D.C.-based startup primarily operates pop-up hotels in newly built “luxury” apartment buildings that can be rented out. The round also saw […]