Airbnb has announced the acquisition of Urbandoor, a marketplace for furnished and serviced apartments.
Terms of the deal have not been disclosed, but according to a statement, Urbandoor’s employees will join Airbnb.
Founded in 2015, Urbandoor helps business travelers with extended-stay accommodation, relocations and other long-term stays.
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The statement goes on to say that Urbandoor features “apartment communities” in more than 1,500 cities in more than 60 countries.
For Airbnb, the acquisition will strengthen Airbnb for Work’s proposition for the corporate travel community.
Greg Greeley, president of Homes at Airbnb, says: “Airbnb is partnering with property owners, developers, and residents to support hosting around the world.
"With the Urbandoor team, we’re looking forward to building on this work by developing new technology to benefit the real estate community and improve the guest booking experience for business travelers and anyone relocating or staying for extended periods of time.”
The plan going forward is to make Urbandoor’s longer-term listings bookable through Airbnb.
* Check out this interview with Greeley at The Phocuswright Conference 2018 in Los Angeles.
Executive Interview: Airbnb