Thomas Archer expands his business
Thomas Archer (C3 2002-07) emailed the Club to share some exciting news about his company, “I am very pleased to announce that today my short term rental management company, The London Residents Club, merged with 3 other European brands to create ALTIDO. The new company manages more than 1,700 distinctive properties across 21 destinations in Europe, with a centralised head office in London, satellite offices in core locations including Lisbon, Milan, Edinburgh and Rome; and a robust strategy to scale globally. We currently employ over 120 people and have formal partnerships with Marriott and Airbnb.
All four companies are fast-growing, privately owned, profitable and have enjoyed organic growth in their core markets. ALTIDO has immediate plans to expand its operations and develop into new markets across key European locations; expecting to double inventory in the next 12 months.
We have never raised funds before but will shortly have a pitch deck available. I would love to hear from anyone who might be interested in investing or anyone who has experience in the broader hospitality space and might have some wise words for us. Please email me at firstname.lastname@example.org.”