Dubai hospitality startup, MaisonPrive just announced that they’ve raised $4 million from an undisclosed private strategic investor.
The startup was launched back in 2017 by Rami Shamaa and Paul Mallee. What MaisonPrive does it that it allows travelers to book luxury apartments and properties – it’s basically similar to Airbnb, but it’s luxury-oriented and targets business travelers and tourists that are looking for short-term rentals in Dubai. In addition, the startup manages on its own the portfolio of the listed properties on behalf of the owners, and also offers a variety of services including check-in and check-out, concierge, cleaning and 24/7 support.
Another interesting fact is that this is the first investment secured by the startup. According to the founders, they’ll be using this investment to fund their growth plans as they expect the rate of tourists in Dubai to increase.
Paul Mallee says: “Dubai is now the world’s fourth most visited city. As leisure and business tourism grows, demand for our services will rise. That positions us for rapid growth in the years ahead.”
For more information, read here.