The Madrid-based online accommodation platform for students and professionals Spotahome has recently announced moving its headquarters to London from Madrid. After successfully snapping up the ex-Uber chief Cleo Sham, as its new COO, the startup is now poised to enter Europe and hire a staff of 200 people in the UK.
For the uninitiated, Spotahome is an online booking platform that enables one to find accommodation in a city for more than 30 days, without needing to visit and check out the place of their stay. As for the decision of moving base to London, Spotahome founder Alejandro Artacho tells FT that it was necessary since new executives wanted to be based there.