Onefinestay to Embark on 'Very Deliberate' Expansion With $40 Million Funding Round

Dennis Schaal

June 29th, 2015 at 8:12 AM EDT

Photo Credit: Onefinestay picked up $40 million in funding from a syndicate of investors, including Hyatt Hotels. Onefinestay / onefinestay

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In the same way that Onefinestay is the boutique Airbnb, this funding round is the smaller equivalent to its larger rival's recent $1.5 billion haul.

Onefinestay, the UK-based home-sharing site, finally confirmed the $40 million funding round, with participation from Hyatt Hotels, that it picked up late last year and CEO Greg Marsh vowed to maintain its "very deliberate" expansion pace. It is easy to see why five years after its founding the upscale, home-sharing site is still basically only in four cities -- London, New York, Paris and Los Angeles -- because its style of shar

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