Urbandoor Adds 40,000 Units To The World's Only Multifamily Network Of Instant Book Serviced Apartments

SAN FRANCISCO, Jan. 31, 2018 /PRNewswire/ — Less than six months after launching the first corporate booking and management platform for the multifamily industry, Urbandoor has expanded its instant book network by adding over 40,000 units across 50 cities. In just the past month, thousands of new apartments from Cortland Partners, Greystar, and others have gone live on the Urbandoor marketplace. With these added properties, businesses and corporate travelers from around the world can now instantly book serviced apartments in Columbus, OH, Atlanta, GA, Dallas, TX and dozens of other major markets. More and more multifamily owners are now able to sustainably increase NOI by listing their unoccupied inventory on Urbandoor. For leading Companies, Travel Management and Relocation Management agencies, Urbandoor provides the easiest way to book a serviced apartment in over 700 markets around the world.

“Our goal is to make booking a serviced apartment for business travel and relocation as easy as booking a favorite hotel. We seamlessly onboard multifamily communities and send bookings, not leads, from corporate customers looking for a fully-furnished serviced apartment. By opening multifamily to the best global corporate demand, Urbandoor enables owners to optimize the value of their assets and increase NOI in new and efficient ways without taking inventory risk. As a booking occurs, a community can set up a unit with furnishings, housekeeping schedule and cable/wifi – all with just a few clicks,” said Urbandoor’s CEO and Co-Founder, Erik Eccles.

As the leading platform for serviced apartments, Urbandoor offers multifamily owners and operators a marketplace with zero inventory risk. With a simple onboarding procedure and integrations to industry systems, Urbandoor can enable instant booking for vacant units within a matter of days.

“Over the past two years, we’ve worked with the top owners and operators to understand their needs. In almost every case, multifamily operators are looking for solutions that help them capture meaningful increases in NOI while taking advantage of the growing demand from corporates,” said Urbandoor’s Head of Supply, Damon Gacicia.

Tim Hermeling, Executive Vice President of Marketing at Cortland Partners who recently added their nationwide portfolio to Urbandoor marketplace echoed these sentiments. “We are continually looking for ways to add new demand channels to our communities. Urbandoor allows us to take part in the growing demand from corporate travel and relocation without adding work to our on-site teams or having the risks of dedicating units for corporate travelers. Their platform is very flexible and easy-to-use for both the customer and us.”

About Urbandoor
Urbandoor’s booking platform (urbandoor.com) offers companies a better solution to their typically unmanaged extended stay lodging, making it as easy to book a furnished, serviced apartment as it is to book a hotel. Urbandoor enables this through providing apartment owners, managers and corporate housing providers a better way to offer and operate serviced apartments for business travel and relocation. With 100% duty of care compliant inventory in 700 markets, Urbandoor provides the necessary alternative to hotels and vacation rentals. Founded in 2015, Urbandoor is the trusted way to find and experience serviced apartments.