Skift Take
Traditional short-term rentals often don't work well for the digital nomad who also wants to socialize. Outsite is trying to fill that gap.
The company Outsite plans to purchase roughly 150 boutique hotels in Europe over the next five years to expand its cohousing community for digital nomads.
Three real estate investors — Extendam, Keys REIM, and Stone Capital — have committed a total of €300 million ($325.6 million) toward purchasing the properties, according to Outsite founder Emmanuel Guisset in an interview with Skift.
The real estate companies will own the properties, while Outsite handles bookings and property management, he said.
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