Click here for the 2020 Best of Orlando® Readers Poll ballot!

Thursday, October 12, 2017

Airbnb is building its own apartment complex in Kissimmee

Posted By on Thu, Oct 12, 2017 at 11:58 AM

click to enlarge PHOTO VIA AIRBNB
  • Photo via Airbnb
Airbnb is hoping a new c0-branded apartment complex in Kissimmee, Florida, will bridge the gap between rent-paying locals and tourists.

It's no secret that traditional apartment complexes and landlords have often been at odds with the home-sharing company, since travelers aren't on the lease and they often come with unwanted noise and foot traffic. One apartment company even went so far as suing Airbnb for not removing units from its site.



So, naturally, Airnbnb has decided to just make their own residential buildings designed to be friendly to both tenants and travelers. The project is called "Niido Powered By Airbnb."


Residents who sign a yearlong lease with the Niido will be allowed to rent out their place for up to 180 nights a year on Airbnb. If they stay with the guest, which is called a "hosted stay," there is no limit.

Of course, Niido takes a cut of your Airbnb earnings but also provides extra services to renters and travelers, like keyless entry and something called a "MasterHost," who can be called via an app to assist with anything that comes up during a stay. The complex also offers cleaning services for a cost.


According to CNBC, the 324-unit apartment complex in Kissimmee will be the first apartment building to open under the Airbnb brand. However, the project is overseen by Miami-based Newgard Development group, who will retain 100 percent ownership of the complex.

While no exact date or location has been announced, Niido says they plan to open the complex sometime in the first quarter of 2018.

Tags: , ,

Orlando Weekly works for you, and your support is essential.

Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of Central Florida.

Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.

Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep Orlando’s true free press free.

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Read the Digital Print Issue

May 27, 2020

View more issues

Calendar

© 2020 Orlando Weekly

Website powered by Foundation