Hemenkiralik.com Receives Investment from 212 Capital Partners

Hemenkiralik.com, an online marketplace for people to list, and book short-term rentals in Turkey, has received an investment from 212 Capital Partners, the early-stage venture capital fund advised by 212 Ltd.

Founded by Remi Onur, Mehmet Ulku, and Alper Kaya, Hemenkiralik.com assists users in finding accommodation during their stay in Turkey: homeowners can list their available spaces for free; travelers have access to an objective review system with user-generated reviews about homeowners and their available listings.

Commenting on the investment, Numan Numanbayraktaroglu, Managing Director of 212 Ltd, said: “Growth in international tourist arrivals exceeds the growth of hotel bed capacity in Turkey, leading to a need for additional short-term stay space. 30 million Turks alone participate in domestic tourism for 45 million nights on an annual basis. There are 4 million secondary homes in Turkey with a significant portion occupied during holidays for less than two months per year.
“Hemenkiralik will be the leading online market place for short-term rentals targeting the real estate inventory in Turkey. The Founders have extensive experience in the Turkish internet space and we are excited about the opportunity to work with them”.

FinSMEs

28/04/2012

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