Flexible / Coworking Archives | Page 21 of 31 | CREtech
With the coronavirus pandemic freezing international, business and convention travel, many hotels are turning to a group of consumers they’ve never before relied upon for revenue: local residents. That has led many hotels to come up with new ways to appeal to consumers who live nearby, from marketing wellness staycation packages and hosting online seminars to establishing coworking operations fo...
Oct 2 (Reuters) - Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID-19 pandemic roiled the travel industry.
WeWork is selling control of its China business, the latest sign that the company is abandoning its former rapid growth approach and looking to reduce risk. A group led by investment firm Trustbridge Partners paid $200 million to increase its stake in WeWork China, which leases and effectively sublets office space in the country, the companies said.
Apartment rents in big cities are dropping, but some entrepreneurs and venture investors are still making long-term bets on the housing industry. Co-living and rental-apartment management company Common completed the raising of $50 million in new venture capital this month, becoming the latest apartment startup to wager it can expand despite the pandemic. Earlier this summer, apartment-development...
When startups go public, a big part of the process is opening up their books and being more transparent about their business model. With global short-term rental giant Airbnb moving towards its own IPO, the company has introduced a new product tha...
The pandemic is raising the hurdles for entrepreneurs launching travel startups. Yet that hasn’t deterred venture capital firm Howzat Partners. The firm expects to raise up to $120 million (€100 million) for a new fund that will invest in travel startups and other digital businesses.
Short-term office company Regus put half a dozen of its New York City workcenters into bankruptcy as the company seeks Chapter 11 protection for upwards of 100 locations across the country.