Kasa Living, a venture-backed company with a tech platform it says reduces operating costs for hotels, is adding the newly renovated Niche Hotel in downtown Redwood City to its management portfolio.
The 42-room Niche, at 868 Main St., about five miles from Stanford University, is slated to open in March. Raps Hospitality owns the hotel, which was previously home to the Pacific Euro Hotel.
Raps Hospitality also owns another Kasa-managed hotel, the La Monarca Hotel in San Francisco, which opened in June 2020.
San Francisco-based Kasa is known for catering to tech-savvy and often-solo travelers — even offering micro-rooms for those that don't need the extra space. The company offers 24-hour self check-in, notably without the assistance of a front desk.
"The Niche Hotel is the only hotel in Downtown Redwood City and the first in the area to be designed specifically for the tech-industry traveler. This is our seventh Kasa property in the Bay Area, and we are looking forward to more expansion in this market," CEO Roman Pedan said in an email.
It manages more than 60 hotels in 33 U.S. markets and Tokyo.
The company hired Luke Callinan and Tom Riley to drive hotel acquisition and development in November. CEO Roman Pedan said the company is able to offer higher salaries employees because it hired fewer on-site employees and its operating platform has built-in efficiencies.
It has raised more than $56 million through its Series B round, according to Crunchbase.
