Los Angeles, California - HostGPO, the leading group purchasing organization (GPO) for the short-term rental industry, is pleased to announce the successful completion of its latest funding round, raising an impressive $6 million. The investment was led by Navitas Capital, with participation from 75 & Sunny and OMNIA Partners.
HostGPO has quickly emerged as a trusted resource and thought leader within the vacation rental and corporate housing market. The company's innovative approach to supply chain management empowers its members to deliver exceptional guest experiences while maximizing profitability.
By partnering with renowned vendors and leveraging its extensive network, HostGPO negotiates exclusive pricing and favorable terms that are tailored specifically to the unique needs of the short-term rental industry. This strategic advantage enables HostGPO members to access high-quality products and services at unparalleled prices, helping them stay ahead in the highly competitive hospitality landscape.
"Our mission at HostGPO is to revolutionize the short-term rental industry by providing our members with the tools they need to deliver amazing experiences for their guests," said Jeff Iloulian, Co-Founder of HostGPO. "This funding will enable us to expand our network of vendor partners, enhance our technological capabilities, and further establish ourselves as the go-to resource for the vacation rental and corporate housing market."