Life House Hotels, a NYC- and Montreal, Canada-based vertically integrated, modern lifestyle hotel management, development and technology company, raised $100M in funding.
The real estate equity investment came from Blue Flag Partners.
The company plans to use the funds to buy properties to be converted to the its brand.
Led by founder and CEO Rami Zeidan, Life House develops, designs, brands, and operates hotels that are powered with proprietary technology and its team. The company has built proprietary technology that drives direct bookings while decreasing operating expenses through automation and centralization of back office functions. The company operates properties across two core verticals:
– branded management of locally-rooted lifestyle hotels conceptualized and designed by its in-house team, and
– white-label hotel operations on behalf of independent hotel owners.