Alternative accommodation platform Frontdesk has acquired Zencity, a Chicago-based short-term rental operator. The purchase, the first of several planned by Frontdesk, is part of an effort to expand its inventory of furnished apartments. “Today represents a meaningful milestone for Frontdesk,” said CEO Jesse DePinto. “We are thrilled to welcome the talented Zencity team and their impressive portfolio of apartments to our collection. This acquisition allows Frontdesk to build upon our value proposition for business travel customers who can now access a larger collection of high-quality short-term rental apartments.”
PhocusWire (06/06/23) Derek Catron