WASHINGTON, June 7 /PRNewswire/ -- TDY Lodging (Washington, DC) announced its latest string of real estate acquisitions in the furnished home rental and furnished apartment rental market. TDYLodging.com, one of the world's largest providers of furnished house rentals, furnished apartments, and hotels for the government and military, will now expand its market share in its latest string of acquisitions. The acquisition of BizLodging.com and CorporateHouseRentals.com will allow TDY Lodging to expand into the extended stay lodging, extended stay hotel, furnished executive apartments, and furnished home rentals market.
With an excess inventory of homes and apartments for sale in the market today, property owners in need of steady income are leasing out homes and apartment units to rental companies -- the short-term apartment lease and short-term furnished home lease market is booming.
Matthew Foster, a military veteran and founder of TDY Lodging, told reporters at IB Newswire, "These recent acquisitions will allow us to provide even more exposure for property owners who need to fill their vacant properties with quality tenants looking for short-term and mid-term leases."
SOURCE TDY Lodging