Mint House, a premium residential hospitality operator offering long and short-term accommodations, has acquired Locale, a player in the residential hospitality industry.
Mint House is deepening its presence in key markets, including Nashville, Dallas/Fort Worth and the DC area, and expanding into new markets such as Menlo Park, CA; Madison, WI and Phoenix, the company reports. Locale’s properties will be rebranded and integrated into Mint House’s portfolio, bringing the company to a total of 22 properties in 13 markets.
“The alternative lodging sector is at an inflection point and as we kick off 2025, we see this as a timely and strategic opportunity to scale,” said Christian Lee, CEO, Mint House. “Locale shares Mint House’s focus on a premium hospitality offering in high-end multifamily properties. This combination will leverage the strengths of both companies to drive greater scale, efficiency, and an enhanced offering for all guests. It also positions us as the premier partner for multifamily developers looking to maximize building profitability.”
Locale, founded in 2016, offers accommodations that bridge the gap between hospitality and residential living, according to the companies. “From day one, our mission at Locale was to provide exceptional, tech-driven stays in premium multifamily and apart-hotel properties,” said Nitesh Gandhi, founder/CEO, Locale. “Mint House shares that same high standard, and I’m thrilled to join as a senior advisor to help drive growth and deepen our category leadership.”
As part of the transaction, all Locale employees will join Mint House.
