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Mohari Hospitality

Afroditis 6, Flat/Office 401, Nicosia, 1060, Cyprus

Overview

Mohari invests in long-term projects within the luxury hospitality sector, primarily in prime urban and resort markets.

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Hospitality
Visit website

Investment portfolio

  • Mint House

    Led · Series B · May 2022

    Mint House, founded in 2017 by CEO Will Lucas and based in New York, operates tech-enabled residential hospitality properties designed with full kitchens, expansive living areas and connected workspaces. Its proprietary tech stack and mobile-first model powers mobile check-in and keyless entry, pre-stocked groceries, 24/7 digital concierge services, on-demand fitness, smart thermostats and shoppable spaces. The company follows an asset-light operating strategy driven by long-term management agreements rather than traditional leases. Mint House currently operates 22 properties in 14 markets and reported growth of over 200% in 2021, having tripled its property count over the last two years. The company raised new capital to continue expanding its operations and business reach. Mint House offers apartment-style, tech-forward accommodations targeted at business travelers, using a mobile app for check-in, in-app messaging, and guest services. The company partners with multifamily developers and owners who typically lease between 20 and 200 units, and it provides an amenity-rich platform for all building residents. At the time of the article Mint House had 400 high-end residential units (200 in operation, 200 scheduled to open by summer 2019) and more than 250 additional units under contract. Mint House emphasizes delivering a top-rated guest experience and targets secondary cities with growing tech communities and business-traveler populations. The company plans to continue developing its technology, open in new buildings around the country, and increase staff to support future growth.

Team

No current team members are available.