Mint House, a NYC-based residential hospitality operator, acquired Locale, an Austin, TX-based company which specializes in the residential hospitality industry.
The amount of the deal was not disclosed.
This deal will drive Mint House’s growth and consolidate its position within the industry as a player for travelers seeking accommodations and multifamily owners to optimize building profitability. As part of the transaction, all Locale employees will join Mint House.
Led by CEO and Founder Nitesh Gandhi, Locale improves residential hospitality with its collection of apartments and aparthotels, designed for the modern traveler seeking space, privacy, and a connection to the local community. Situated in prime urban locations, it combines hotel services with homes, all empowered by a tech platform for an enhanced guest experience.
Founded in 2017, Mint House is a hospitality brand that combines homes and hotel services. Its properties are located throughout the U.S. and are designed with elevated apartment-style amenities and connected workspaces, offering comfort, personalized service, and consistency for guests. Its guest experience include mobile check-in and keyless entry, pre-stocked groceries, 24/7 digital concierge services, on-demand fitness, smart thermostats, and shoppable spaces.
The company is also expanding its footprint with new openings this year. The company recently announced the upcoming launch of its fourth location in Nashville, TN, at Marathon Village, and will open its first location in Washington, D.C. in Spring 2025. Locale’s acquisition adds to this growth, with planned openings in existing and new markets such as Menlo Park, CA, Madison, WI, and Phoenix, AZ.
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, across the U.S., including:
Austin, TX
Dallas / Fort Worth, TX
Denver, CO
Greenville, SC
Houston, TX
Madison, WI
Menlo Park, CA
Miami, FL
Nashville, TN
New York, NY
Philadelphia, PA
Phoenix, AZ
St. Petersburg, FL
Coming Soon 2025:
Washington D.C.
FinSMEs
11/02/2025