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Kasa enters into strategic combination with Mint House. News provided by. Strategic expansion solidifies Kasa as the industry leader in flexible accommodations and creates a best-in-class commercial operation to service corporate and leisure guests NEW YORK, Jan. 14, 2026 /PRNewswire/ - Kasa, the leading hotel and apart-hotel brand and manager for the modern traveler, today announced that it has entered into a strategic combination with Mint House, a premium residential hospitality operator of nearly 1,000 units nationwide. As part of this transaction, Mint House's properties across premier U.S. markets will be integrated into Kasa's platform. Under the terms of the transaction, Kasa will take over properties in premier U.S. markets, including the landmark 70 Pine building in Lower Manhattan, an iconic Art Deco tower in Lower Manhattan which features a state-of-the-art fitness center, gourmet market, and the Michelin-starred restaurants Crown Shy and SAGA. In addition, the transaction expands Kasa's footprint across multiple high-growth, premier markets including Washington, D.C., Dallas, Nashville, St. Petersburg, and Tampa. The transaction brings together the best of both companies, creating scale that drives down costs, strengthens Kasa's commercial capabilities, and expands a platform already home to top-ranked properties across the country. That scale enhances performance across distribution, revenue management, sales and marketing, and guest engagement, while improving operating efficiency nationwide. "This is an exciting opportunity to bring the strong teams and capabilities from both organizations onto a unified Kasa platform. We expect our combined scale to deliver meaningful operating efficiencies and stronger commercial outcomes for owners," said Roman Pedan, Founder and CEO of Kasa. "We're thrilled to welcome Mint House's buildings, owners and guests into the Kasa network." Kasa brings deep experience managing complex operational transitions. To date, the company has successfully completed 35 hotel and apart-hotel management transitions across the country, executing with discipline, transparency, and minimal disruption for owners and guests. That transition expertise will be applied to ensure continuity and performance across the Mint House portfolio. This strategic expansion reinforces Kasa's longstanding commitment to delivering high tech, high service hospitality designed for the modern traveler. Like the rest of Kasa's existing hotel and apart-hotel portfolio, these properties will continue to offer mobile-first check-in, 24/7 guest communications, and the kind of convenient, thoughtfully-designed experience that today's modern traveler has come to expect. "Kasa and Mint House have always been aligned in our asset-light models and guest-centric operating philosophy. Our shared focus on operational excellence is why we chose Kasa for this transaction and our close collaboration will ensure a smooth transition. We believe this transaction will drive further benefits to all properties that are part of the Kasa portfolio." said Christian Lee, Mint House CEO. As part of the transaction, Lee will join Kasa as a Senior Advisor to support the transition and promote continuity for owners and partners. For Kasa's current owner partners, the addition of Mint House properties strengthens a platform designed to deliver long-term performance across a diverse portfolio of hospitality assets. With increased leverage on fixed costs and deeper commercial resources, Kasa is positioned to continue supporting owners through disciplined execution and seamless transitions, reinforcing its role as a trusted operating partner in the hospitality sector. About Kasa Kasa is the leading hotel and apartment hotel brand and manager for the modern traveler. Our robust hospitality operating system combines Kasa's proprietary technology and streamlined operations to deliver exceptional guest experiences and maximize property owner profitability. Kasa was founded by executives from KKR, Apollo, Goldman Sachs, and Airbnb to reimagine hospitality through a blend of institutional professionalism and technology-driven scalability. With over 85 properties across the US and trusted partnerships with leading institutions such as Starwood Capital, Berkshire, and Brookfield, Kasa has become the industry standard for guests, property owners, and communities alike. Discover the Kasa advantage at kasa.com. SOURCE Kasa

Kasa acquires Mint House with silver lake support. Photo Credit: An image of a kitchen in a two-bedroom unit at 70 Pine Street in Manhattan that is managed by Kasa Kasa Kasa, a leading operator of apartment-style hotels and traditional lodging properties, has acquired Mint House in an all-equity transaction. This acquisition is expected to create the largest U.S. operator of apartment-style and traditional hotels, with approximately 85 properties and over $150 million in annual bookings. Mint House has raised more than $80 million in venture capital since its founding in 2017, with shareholders including Mohari Hospitality and Revolution Ventures. Roman Pedan, founder and CEO of Kasa, described the acquisition as a strategic move to enhance Kasa's portfolio and operational capabilities. * Acquisition of Mint House: Kasa has acquired Mint House in an all-equity deal, aiming to become the largest operator of apartment-style and traditional hotels in the U.S. * Financial and Ownership Details: Mint House has raised over $80 million in venture capital since its inception in 2017. The shareholders of Mint House exchanged their holdings for minority stakes in the combined entity. * Leadership and Vision: Roman Pedan, the founder and CEO of Kasa, sees this acquisition as a strategic step to expand Kasa's portfolio and operational expertise. * Market Positioning: The combined entity is expected to leverage Kasa's technology and Mint House's operational expertise to enhance guest experiences and property owner profitability. * Strategic Expansion: Kasa's acquisition of Mint House positions the company as a dominant player in the U.S. market for apartment-style and traditional hotels. This move could lead to increased market share and enhanced competitive positioning in the hospitality sector. * Leveraging Technology and Expertise: The integration of Kasa's tech-enabled hospitality operating system with Mint House's operational expertise is likely to drive operational efficiencies and improve guest experiences. This could set a new standard for hospitality management in the industry. * Capital Efficiency: Mint House's successful fundraising history indicates strong investor confidence. Kasa's acquisition could attract further investment, as the combined entity is positioned to capitalize on the growing demand for flexible and technologically advanced lodging solutions. The acquisition of Mint House by Kasa reflects a broader trend in the travel industry towards consolidation and technological integration. As consumers increasingly seek flexible and tech-driven lodging options, operators like Kasa are well-positioned to capitalize on this demand. The use of AI and data-driven decision-making in hospitality management is becoming more prevalent, as evidenced by Kasa's focus on enhancing guest experiences through technology. This acquisition not only underscores the strategic importance of technology in the hospitality sector but also highlights the potential for further innovation and growth in the market. As the industry continues to evolve, such strategic acquisitions will likely play a crucial role in shaping the future of travel and hospitality. Stay ahead with travel trade today - AI news that matters. Get curated travel AI insights - choose the newsletters that matter to you. Join thousands of travel leaders. Unsubscribe anytime.