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Saudi Airbnb Rival Eyes 2028 IPO After $72 Million Fundraise

Bloomberg•Tuesday, September 23, 2025 at 2:09:29 PM
PositiveFinancial Markets
Saudi Airbnb Rival Eyes 2028 IPO After $72 Million Fundraise
Gathern, a Saudi Arabian vacation rental company, is making waves in the market with plans for an initial public offering in 2028, following a successful $72 million Series B funding round. This significant investment not only boosts Gathern's growth prospects but also highlights the increasing interest in the vacation rental sector in the region. With CEO Latifah Altamimi at the helm, Gathern is poised to capitalize on the growing demand for alternative accommodations, making this a noteworthy development for investors and travelers alike.
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