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Homelike, a long-stay condo provider for company vacationers, has ceased operations after 10 years in industry.
The Germany-based corporate mentioned in a observe on its website online it’s not taking new bookings however that current bookings stay legitimate.
Homelike introduced “8 digit” investment from hospitality funding corporate QIG in 2023 in addition to a merger with Q International Community, an current corporate throughout the QIG portfolio. A press unencumber on the time printed Homelike had $100 million in reserving volumes in 2023.
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The merger adopted Homelike’s investment of $14 million in mid-2018 and mentioned the funding would move against scaling the platform, tech construction and product enlargement.
The platform presented 45,000 furnished flats throughout roughly 100 Ecu towns on the time. It introduced within the Netherlands in 2018, adopted by way of Spain in 2019 and america in 2021.
The observe additionally mentioned customers can proceed to get admission to their knowledge referring to bookings by way of the Homelike dashboard till the tip of this month.
PhocusWire has contacted Homelike for a observation.
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