The Guild Raises $19 Million for Hotel-Like Rental Stays: Travel Startup Funding This Week

This week, travel startups announced more than $100 million in funding. >>Xiezhu (携住科技), a hotel technology vendor in Suzhou, China, has raised about $46 million (300 million renminbi). Addor Capital led the round. Qingdao Haikong Tiancheng Fund and SR Capital also participated. Founded in 2015, the company offers technology used at many hotels, such as its U Check self-check-in kiosks and apps for guests. The startup is increasingly branching out to provide software and internet-of-things hardware for facilities for the elderly and corporate offices, too. >>The Guild, an Austin-based startup that runs about 800 apartments as hotel-style short-term rentals in U.S. cities, said it had raised $17.1 million in equity and securities options from 91 investors, according to a filing with the U.S. Securities and Exchange Commission. The investment includes converting debt to equity and issuing shares and a warrant, the filing said. The Guild's units typically have apartment-style layouts and kitchens with other hotel-like amenities such as keyless locks on entry doors. Co-founders Brian Carrico and Chris Herndon started the company in 2016, and the startup raised $20 million a year ago. >>Mint House, a hotel startup, raised an undisclosed round of funding, with Allegion Ventures participating. Mint House disclosed raising $15