At the time, a spokesperson told The Real Deal that Stay Alfred had to close properties and furlough employees because of Covid-19, but that the company would remain in business. The company shut down social media accounts last month, fueling rumors that the business was closing for good. That was up from $66.5 million in 2018.īefore the pandemic hit, the Spokane, Washington-based firm had 221 employees and operated 2,500 units in 33 cities. Tecela secured lease tenant Stay Alfred, the leading provider of travel apartments since 2011, making it the hospitality brands 33rd domestic location. ![]() And now, it’s over,” Allen told the Spokane Business Journal, which first reported the company’s closure.įounded in 2010, Stay Alfred - not to be confused with Hello Alfred, a startup that coordinates errands and other tasks - generated $100 million in revenue from short-term rentals last year, Allen said. Registered Agent is INCORP SERVICES, INC. (2818 N Sullivan Rd, Spokane Valley, WA, 99216, US, Florida): FEI Number, Events, Annual Report Dates, Officers and Principals. The apartment is 14 minutes on foot from Progressive Home Field and offers access to Heinens of Downtown Cleveland Grocery Store. Pacific, ) Stay Alfred Inc., a one-time darling of Spokane’s entrepreneurial ecosystem, is closing its doors permanently, says Jordan Allen, founder and CEO of the short-term rental company. Looking for a place to stay Stay on campus at The Saxon Inn It has the comfort and style of a small luxury hotel. COSI and Grand Prix Karting are also worth visiting. LeVeque Tower and Ohio Theatre are local landmarks, and the area's natural beauty can be seen at Columbus Commons and Genoa Park and Amphitheater. Upscale travel apartments in the worlds best Downtown neighborhoods providing guests with the reliability of a hotel stay and the. “At one point, we were a $100 million company. Each property follows a strict cleaning protocol covering over +100 criteria so there are no nasty surprises upon check in. Detailed business profile of STAY ALFRED, INC. Alfred On 12Th Street apartment is located in Cleveland, 6 minutes walk from Playhouse Square Center, and offers guests the outdoor swimming pool and a fitness center. Stay Alfred at 250 High is located in Downtown Columbus, a neighborhood in Columbus, and is in the entertainment district. ![]() Stay Alfred, a hospitality startup that raised $62 million, is closing its doors for good.Įnding weeks of speculation and rumor, CEO Jordan Allen said revenue dried up during the coronavirus pandemic, and in March, the firm failed to raise $30 million in funding that would have let it stay open. Stay Alfred was founded based on the idea of offering innovative, reliable, and consistent short-term vacation rentals at a price thats affordable, while.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |