OneFineStay Expands Into Los Angeles

Los Angeles, which has become a hotbed for the expansion plans of many, peer-to-peer and smartphone-enabled services in the past year, is the latest market for OneFineStay, an online marketplace for vacation rentals. Los Angeles is the second, U.S. market for the London-based startup, which also runs its marketplace in New York, London, and Paris. OneFineStay is venture backed by Index Ventures, PROfounders, as well as angels. The company differentiates itself from better known Airbnb, in that it focuses on luxury apartments with amenities.