Hospitality tech startup Casai has made its second acquisition in six months with Roomin joining the portfolio.
Terms of the deal have not been disclosed but Roomin, which is also a property technology specialist, gives Casai a presence in Brazil leisure destination Florianopolis.
Mexico-based Casai wants to establish itself as the major player in the Brazill and Latin America more widely.
The company announced the acquisition of Q Apartments in August.
Daniel Hermann, chief growth officer, Casai, says: “Casai’s arrival in Florianópolis is strategic for the company's positioning in Brazil. In addition to being an important tourist destination, the city is a national center of innovation.
"The acquisition of Roomin, which is fast growing and holds one of the best portfolios in the region, is in line with Casai's fast expansion process. In addition, Roomin is present in the best neighborhoods in Florianópolis and we know that location is essential when curating a high-end guest experience.”
Casai, which translates to smart home, announced funding of $48 million in October 2020.
Walmir Junior, CEO, Roomin, says: “We want to join efforts to deliver the best global hospitality experience, with a guest-centric focus. The Roomin team will continue to deliver the best experience for both guests and property owners, but with Casai’s added technological expertise and large-scale vision. Our main objective is to create spaces and experiences with a wow factor that make people feel at home, while maximizing returns for investors.”