LyricAirbnb is the lead investor in a new $160 million funding round for hospitality startup Lyric. “To be competitive in 2019, real estate must offer flexibility to the customer, just like any other business.”Lyric kitchens come full stocked. Every Lyric apartment includes a Casper mattress, Frette linens and toiletries from Malin + Goetz. For real estate owners, having Lyric absorb units can help get a new rental building to full occupancy faster. Kitchell, who has worked in real estate technology since 2009, cofounded Lyric in 2014 with president Joe Fraiman.

Source: Forbes April 17, 2019 15:11 UTC