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Vacation Rental News

Private Equity Firm Upper90 to Invest $50 Million in Apartment-Style Hotels


Pictured is a Domio apartment-style hotel in Nashville, Tennessee on September 16, 2017. A private equity firm is putting $50 million into a joint venture with Domio to develop additional such properties across the U.S. Domio

Skift Take: Upper90's joint venture hospitality developer Domio is further testament to the transformation of the hotel industry as new money goes into apartment-style properties rather than boxy, chain hotels. Investments like these will also contribute to urban gentrification.

— Dennis Schaal

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