Worldwide: Life House has raised $60 million in Series C funding, led by new investors KAYAK and Inovia Capital, to begin selling its software platform to hoteliers. Investors Tiger Global, Derive Ventures, JLL, Trinity Ventures, Sound Ventures, Cooley LLP, and others participated in the funding round too. Life House plans
US: Metro Hotel in San Francisco has been added to the Life House portfolio, marking the second hotel to be operated in Northern California by the group this year. Metro Hotel is located in the Haight-Ashbury district of San Francisco. Ted and Ellen Soulis first purchased the property in 1985. As
US: Located in East Hampton, New York, Maidstone Hotel will be operated by Life House through summer 2021 with the owners Jenny and Jonathan Baker remaining involved in the property’s creative direction moving forward. The Baker’s acquired the hotel in 2008. It’s more than 150 years old and has previously
US: Five-star Wheatleigh Hotel has been operated by Life House since November 2020, witnessing a 76 per cent improvement in RevPAR with 72 per cent of bookings generated directly. Wheatleigh Hotel is set on 22 acres of countryside in The Berkshires and features the AAA five diamond restaurant Portico. Since
US: Tech-enabled management company Life House has acquired the management contracts of IMPRINT Hospitality’s portfolio, which comprises properties across the West Coast. The hotels, which include properties in New Mexico, California and Colorado, will continue operating with the existing independent branding. Life House will explore opportunities to reposition elect properties
US: Travel-tech investment firm Thayer Ventures has just placed $30 million of funding into tech driven hotel company Life House. Thayer Ventures led the funding round, which included participation from investors such as JLL Spark, Sound Ventures, Tiger Global, and several strategic investors like hotel owners David Hamamoto and Jim
US: Henley Investments has acquired its fourth and largest boutique hotel in Miami in partnership with Life House. With a total project capitalisation in excess of $40 million, the deal marks Life House’s expansion into managing bigger hotels. As a technology-enabled hotel management company, Life House is backed by institutional
