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Lodgerin is in the business of managing mid-term rentals for international corporate relations, student housing and others in need of professional temporary housing. To strengthen that mission, the company has released a web-based software application to assist customers in managing its core competency — safe, efficient housing processes.
They’re calling the product, Arrento, and in a March 28 statement, said that “property owners can list their properties, receive and manage bookings, sign contracts digitally, enable check-ins, and receive and centralize payments seamlessly through our integrated payment gateway.”
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The niche Lodgerin addresses is businesses and universities — its primary markets — that are faced with finding suitable, affordable and safe occupancy solutions for employees and constituents when working or serving in locations abroad.
Arrento isn’t much different from systems in place for the short-term rental market, and it’s definitely aligned with what countless property management systems do for institutional multifamily owners. However, there are added challenges intrinsic to international booking and tenant oversight, the market’s standard lease duration, and bridging payment standards across nations and housing markets.
It provides confidence to “property owners who have been hesitant to enter the medium-term rental market due to the risks traditionally associated with these types of contracts,” according to the statement.
The company states it provides a low-grade on-ramp to adoption, with property owners and managers needing to merely upload property and unit information, add photos and establish windows of availability. Users work within an admin experience that claims it can make new listings live within minutes without the need to access any third-party or ancillary systems.
The company’s CEO, Óscar Rubio, said in a statement that his product helps landlords “make more sense” of mid-term rentals.
“The tool is designed to be scalable, allowing for easy growth and adaptation to various property management needs. We encourage anyone who owns or manages residential real estate to explore how Arrento can help them tap into a new market,” said Rubio, who personally relocated to Miami last year, where the Madrid-based company has operations.
