Kasa announced it has entered into a strategic combination with Mint House, adding Mint House’s portfolio of nearly 1,000 residential hospitality units to Kasa’s platform and widening its reach in both corporate and leisure travel.
As part of the transaction, Mint House properties in major U.S. markets will be integrated into Kasa’s network, including Mint House’s flagship presence at 70 Pine in Lower Manhattan. Kasa described 70 Pine as a landmark Art Deco tower that offers amenities such as a fitness center and an on-site gourmet market, alongside Michelin-starred dining options including Crown Shy and SAGA.
Kasa said the combination also expands its footprint in several growth markets, citing Washington, D.C., Dallas, Nashville, St. Petersburg and Tampa among the cities included in the expanded portfolio.
The company framed the deal as a scale play designed to lower costs and strengthen commercial operations across distribution, revenue management, sales and marketing, and guest engagement. Kasa said the added scale should improve operating efficiency across its nationwide platform and deliver stronger performance for property owners.
Kasa Founder and CEO Roman Pedan said the integration will bring the teams and capabilities of both companies onto a unified platform, with the combined scale expected to generate operating efficiencies and improved commercial outcomes for owners. Kasa also emphasized its experience managing transitions, noting it has completed 35 hotel and apart-hotel management transitions and intends to apply that playbook to maintain continuity across the Mint House portfolio.
Mint House CEO Christian Lee said the two companies share asset-light operating models and a guest-centric philosophy, and that Mint House chose Kasa to support a smooth transition. Lee will join Kasa as a senior advisor to assist with the integration and provide continuity for owners and partners.
Kasa said the expanded portfolio will continue to offer mobile-first check-in, always-on guest communications and a “high-tech, high-service” operating approach aimed at modern travelers. The company said it now operates more than 85 properties across the U.S. and works with institutional partners including Starwood Capital, Berkshire and Brookfield.
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“This is an exciting opportunity to bring the strong teams and capabilities from both organizations onto a unified Kasa platform. We expect our combined scale to deliver meaningful operating efficiencies and stronger commercial outcomes for owners.”
Roman Pedan, Founder and CEO, Kasa
“Kasa and Mint House have always been aligned in our asset-light models and guest-centric operating philosophy. Our shared focus on operational excellence is why we chose Kasa for this transaction and our close collaboration will ensure a smooth transition. We believe this transaction will drive further benefits to all properties that are part of the Kasa portfolio.”
Christian Lee, CEO, Mint House
