Domio announces acquisition of Chicago-based Reserve Rentals
Chicago: Domio has announced it has acquired Chicago-based Reserve Rentals for $1.4M to expand its apart-hotel accommodations to Chicago. The acquisition will give Domio instant access to its eighth market in America. Reserve Rentals’ 32 multi-room units will join existing properties on the Domio platform in Austin, Nashville, San Diego, Boston, New Orleans, New York […]
Domio raises $12 million to accelerate development of technology platform
United States: New York-based travel technology platform Domio has announced it has raised $12 million in Series A funding this week. The round of funding was led by Tribeca Venture Partners. SoftBank Capital NY and Loric Ventures also participated in this round. Following this round of funding, Domio is planning to accelerate the development of […]
New York-based Domio aims to become the ‘Airbnb of group travel’
United States: Vacation rental company Domio aims to become the ‘Airbnb of group travel’ after announcing a $50 million joint venture with private equity firm Upper90 to open aparthotel properties. The New York-based company is renting out curated vacation apartments to group travellers and started out by targeting young people travelling together in groups. It […]