RadPad announces expansion to include short-term rentals

The short-term rental industry is gaining another big player
  • RadPad expands offerings in new partnerships.
  • More long- and short-term rentals will be available side-by-side.
  • The new Apply Instantly! feature vets potential tenants for landlords almost immediately.

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RadPad, the LA-based apartment search and rent payment startup, is opening its apartment rental marketplace to short-term rentals as part of a major new version release. This development expands RadPad’s reach, as it’s users will now be able to access inventories available on other short-term rental providers. Short-term rental providers such as onefinestay, the luxury rental provider that just got a $40 million shot in the arm from hotel giant Hyatt, and HomeSuite, the furnished condo provider, will begin listing short-term rentals on RadPad. Those new listings join the more than one million current long-term listings on RadPad. Onefinestay is currently competing head-to-head with Airbnb on the high end of the short-term rentals. Short-term rentals a popular option for many reasons RadPad honchos point to data that say that home ownership is at a 25-year low. They add that their research indicates that year-long rental leases are becoming unattractive to today's...