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Roomorama Merges with Lofty
Roomorama.com, an established leader in online short-term rental accommodation, today announced its merger with short-term rental site Lofty.com – a move which will cement Roomorama’s position as the leading marketplace for mid-range to high-end holiday rentals. With the merger comes an injection of US $2.1 million in seed funding.
With a current listing of 50,000 properties in more than 3,600 locations worldwide, Roomorama is set to more than double this number by the end of 2012.
“International travellers and property owners are continuing to embrace the short-term rental model, and I’m confident that this merger will deliver what the industry has been seeking - higher quality, improved reliability, and a swifter booking process,” added Jia En Teo.
Article by : Guest Writer, Nick Walton
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