Life House, a New York-based startup that provides management software for independent hotels, raised $60 million in funding from investors including online travel agency Kayak, valuing the company at $250 million.
Life House’s software handles the operations and finances of independent hotels, without owning the actual real estate. The company provides revenue and payroll management, check-in kiosks and other features for hotels from Miami to Taos, New Mexico. Life House generates revenue by charging hotels a fee on their sales or profit.
Founded in 2017, the company has grown quickly during the pandemic, boosting the number of hotels it ...
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