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Mnzil, TDG and Capital Partners launch a real estate fund to invest SAR 1 billion in elevating workforce housing in Saudi Arabia

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The partnership targets to develop up to 50,000 purpose-built workforce housing beds across Saudi ArabiaCompounds aim to improve workers’ everyday living experience through well-designed housing, recreational facilities and on-site servicesSites in Riyadh, Jeddah, Dammam, Khobar, Makkah and Madinah will be selected to bring workers closer to their workplacesDevelopment is expected to begin in Q4 2026

RIYADH, Saudi Arabia, Oct. 5, 2026 /PRNewswire/ — Mnzil, Saudi Arabia’s first and leading tech-enabled workforce housing platform, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR 1 billion in developing purpose-built compounds housing up to 50,000 workers across the Kingdom. Through the fund, Mnzil will serve as strategic partner and exclusive operator of the portfolio. TDG will lead site selection, design and property development, while Capital Partners will serve as fund manager.

The fund comes as Saudi Arabia’s economic diversification under Vision 2030 drives growth in construction, logistics, industry, tourism and other labour-intensive sectors, increasing demand for quality accommodation and services that improve workers’ everyday lives across the Kingdom.

By linking purpose-built accommodation directly to employer demand, the partnership aims to improve both the availability and quality of workforce housing. It will enable Mnzil to move beyond managing third-party supply and help shape the development of dedicated compounds designed around the everyday needs of workers across the Kingdom.

Majeed Albabtain, Chief Executive Officer of Mnzil, said: “For too long, the living conditions of the workers helping build and run our economy have not received the attention they deserve. Mnzil was founded to help change that. Improving workers’ lives is a collective effort, and we hope this partnership encourages greater attention and commitment across the Kingdom.”

As the Kingdom’s leading integrated workforce services provider, Mnzil brings together accommodation, transportation, catering and related services to help employers manage workforce needs and improve workers’ living experience. The company currently houses more than 30,000 workers for over 250 corporate clients across more than 30 Saudi cities. Its customers include Amazon, Noon, Nestlé, McDonald’s, and Americana. Mnzil is backed by US-based Founders Fund and was the firm’s first investment in Saudi Arabia.

Development is expected to begin in Q4 2026. The fund will target major economic and employment centres, including Riyadh, Jeddah, Dammam, Khobar, Makkah and Madinah. Locations will be selected to bring workers closer to their workplaces and help reduce commute times.

The compounds will be designed around workers’ everyday needs and Mnzil’s operating requirements, with furnished rooms, recreational and sports facilities, communal areas and open spaces. On-site maintenance, administration and related services will support day-to-day living.

Talal Raqaban, CEO of The Development Group, said: “Workforce accommodation is essential infrastructure for the Kingdom’s continued economic growth. Through this partnership with Mnzil and Capital Partners, TDG brings its development and delivery capability to an institutional-grade housing platform, combining purpose-built design, professional operation and proximity to major employment centres. We see this as a scalable, long-term investment opportunity that aligns with the objectives of Vision 2030 and market needs.”

The fund’s coordinated approach to development, ownership and management is designed to support consistent housing standards and long-term investment in the sector.

Saud Al Rajhi, Vice President – Real Estate Investments at Capital Partners, said: “The fund represents a specialised real estate investment strategy focused on the development of purpose-built workforce housing campuses, addressing an underserved segment of the Saudi real estate market. Through a built-to-suit model supported by long-term lease arrangements, the fund seeks to develop institutional-grade assets with contracted rental income and enhanced visibility on future cash flows. We believe this strategy provides a strong foundation for establishing workforce housing as an institutional real estate asset class in the Kingdom.”

Through the fund, the partners aim to make better living conditions an integral part of Saudi Arabia’s growth, giving the workers supporting the Kingdom’s development better places to rest, connect and feel at home.

About Mnzil

Mnzil is a Saudi-based, tech-enabled workforce housing platform focused on improving how companies accommodate and support their blue-collar workforces. The company currently houses more than 30,000 workers for over 250 clients across more than 30 cities in Saudi Arabia.

Mnzil brings together accommodation, transportation, catering and related workforce services through a single platform, helping employers manage their workforce requirements while improving the living experience of the people they employ. Mnzil is backed by Founders Fund and COTU Ventures. For more, visit https://www.mnzil.com.

About The Development Group

TDG is a real estate development company based in Riyadh, focused on originating, structuring, delivering, and managing high-quality real estate and mixed-use developments across their full lifecycle.

TDG works in collaboration with international developers, operators, and technical specialists to ensure projects are delivered, operated, and managed to global standards of design, construction quality, sustainability, and long-term performance. This model combines strong local market knowledge with proven international development and operating expertise. For more, visit www.tdg.com.sa.

About Capital Partners

Capital Partners is a Saudi based Shariah-compliant asset management firm licensed by the Capital Market Authority (CMA) of the Kingdom of Saudi Arabia under license number (25315-32).

The company specializes in structuring innovative investment solutions across various asset classes, with a particular focus on managing and operating real estate investment funds. For more, visit www.capitalpartners.sa.

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Aviro360 Launches Third-Gen Mobile Inventory Product to Advance Yard Inventory Visibility and Intelligence

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Years of real-world yard operations led to the third-generation design that is 50% smaller, 75% lighter, and features faster deployment time

CHICAGO, Oct. 5, 2026 /PRNewswire/ — Aviro360, a leading global provider of yard visibility solutions for the logistics and material handling industries, is launching the third generation of its mobile inventory product, marking the evolution of a computer-vision solution refined through years of real-world operations. The latest generation retains the capabilities developed in previous versions while reducing hardware size by 50%, weight by 75%, and power consumption by 50%, with a mobile design that reduces installation time by 75%.

Through continued development and innovation, this third-generation mobile inventory product features an improved software layer that optimizes asset identification, location intelligence, and exception handling. The software remains fully backward-compatible with previous hardware generations, ensuring existing customers benefit from continued software innovation without requiring a hardware upgrade.

“In early deployments, we focused on automating the gate, but customers quickly showed us that the bigger problem started after the truck entered the yard,” said Ilhan Kolko, President and Managing Director at Aviro360. “That feedback pushed us beyond event capture into mobile inventory and full-yard visibility. The newest version reflects years of real-world operating data and refinement, turning continuous physical-world visibility into a more mature, integrated platform for yard operations.”

The next-generation mobile inventory product was built for continuous yard operations and provides reliable, 24/7 inventory visibility to meet modern yard demands. Its edge processing supports low latency, resilience, and operation during network disruptions, ensuring performance regardless of network conditions. Key features include improved vision-based AI scanning that works in all weather and lighting conditions, digital twin capabilities for yard assets, and universal vehicle compatibility.

“We realized we were losing minutes on every move just trying to find equipment. With automated yard checks, we are saving about five minutes per asset — and across a full day, that adds up fast,” said Scotty Fletcher, Ops Manager of Inter Metro Properties. “When that level of yard visibility is combined with gate automation, the whole flow improves because we know where things are at any given time, from the moment they show up.”

The Aviro360 mobile inventory unit achieves value through the following performance enhancements and metrics:

Reducing shrinkage / spoilage by >95%Reducing human labor by >80%Reducing asset search time by 90%Reducing admin errors & workload by >70%Maximizing dock and parking efficiencies

Units arrive configured and ready to deploy. Installation is typically completed in hours once vehicle mounting is in place, with the mobile inventory unit feeding into the larger visibility system. Early production proved computer vision could capture the yard; the previous generation hardened it for real operations; this newest model turns that accumulated physical-world intelligence into integrated, scalable yard-visibility innovation.

The latest generation gives 3PLs, distribution centers, depot storage facilities, and other yard operations real-time yard visibility, reducing data entry errors and inventory discrepancies that create costly exceptions and operational delays.

For more information on Aviro360’s mobile inventory product or to see how Aviro360 is equipping facilities with automated yard visibility and intelligence systems, please visit www.aviro360.com.

About Aviro360
Aviro360 is an AI-powered visibility platform transforming how yards and terminals operate. Created and incubated inside ConGlobal – one of North America’s largest container depot and terminal operators, with nearly 60 years of operational experience – Aviro360 was built by operators, for operators. Its ecosystem of solutions – automated checkpoints, mobile inventory scanning, and stacked inventory intelligence – captures real-time data, understands context, and orchestrates movement. Trusted by leading 3PLs, carriers, Fortune 500 shippers, and logistics hubs, Aviro360 helps reduce dwell time, increase throughput, and improve site productivity. Learn more at www.aviro360.com.

Media Contact:
Bob Spoerl
773.453.2444
424063@email4pr.com 

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SOURCE Aviro360

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As Vacation Rental Booking Platforms Evolve, Holiday Travelers Are Rethinking How They Book

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Savvy survey finds 81% of travelers encountered surprise fees when booking vacation rentals and 67% are very likely to switch from traditional to direct booking platforms to save hundreds.

AUSTIN, Texas, Oct. 5, 2026 /PRNewswire/ — Holiday travelers are not giving up their plans as costs rise; they are finding ways to stretch their budget further. New survey data from Savvy, a direct booking marketplace for short-term vacation rentals, finds that more than 70% of travelers plan to take a leisure trip between October and February, but rising accommodation costs and booking fees are prompting consumers to look for greater value and transparency.

Among the survey’s most notable findings, more than 67% of travelers say they would be very likely to use a direct booking platform if they could save about 15%, potentially hundreds of dollars per trip, compared with booking through a traditional online travel agency (OTA) such as Airbnb or Vrbo. At the same time, 81% say they’ve been surprised by fees when booking accommodations on major travel sites.

The findings are based on a survey of 1,002 Savvy database respondents, conducted in September 2026. The survey captures how travelers are approaching holiday travel costs, booking fees, and accommodation decisions as they plan trips for the upcoming season.

“Travelers are not giving up their holiday trips because prices are higher. They are getting savvier about where they spend their money,” said Eric Goldreyer, founder and CEO of Savvy. “If a booking platform adds fees and the price keeps climbing, people are going to look elsewhere. Booking direct gives them another option, one where they can see the real price upfront and connect directly with a professional property manager. Direct booking is all about less stress, less surprises, and more value.”

Travelers Are Watching Their Accommodation Budgets

For most travelers, accommodations represent a significant portion of the holiday travel budget. Per the survey results, nearly 64% plan to spend about $2,500 on accommodations per trip.

With that budget in mind, travelers are looking for ways to cut costs. Booking directly with a hotel, vacation rental company, or host is the most popular cost-saving strategy, cited by 43.7% of respondents. Other top strategies include traveling during off-peak periods (40%), avoiding platforms with high service fees (38.6%), and using discount or deal sites (37.9%).

Price and Transparency Could Change Where Travelers Book

The survey data suggests consumers are not just looking for a lower price, they want to know what that price actually includes. Lowest total price and transparent pricing without additional fees ranked as the top two factors influencing where travelers book a vacation rental, cited by 49.48% and 36.33% of respondents, respectively.

And when the potential savings are clear, travelers say they are willing to change their habits. When told they could save about 15%, potentially hundreds of dollars per trip, by using a direct booking platform instead of a traditional OTA like Airbnb or Vrbo, more than 67% said they’d be very likely to use the alternative.

“Travelers are telling us what matters most is price, transparency, and a better booking experience,” added Goldreyer. “If consumers are willing to change how they book to save hundreds of dollars, that’s a very clear signal. They want a solution, and direct booking stands out.”

As consumers finalize their holiday plans, where they book has become just as important as where they travel. With accommodation costs and platform fees putting pressure on travel budgets, travelers are looking for ways to spend less, avoid surprises, and get more value from their stays.

For more information about the direct booking marketplace, Savvy, and to finalize your next trip, visit Savvy.com.

About Savvy  

Savvy is the direct booking marketplace where professional hospitality meets savvy travelers. With transparent pricing and zero service fees, Savvy helps travelers save up to 20% per booking while enjoying exceptional stays at more than 150,000 professionally managed properties. The platform connects travelers seeking a better booking experience with professional property managers who are passionate about delivering exceptional guest experiences.

For professional property managers, Savvy offers complete control over guest relationships, pricing, policies, and service, rewarding exceptional hospitality and supporting sustainable business growth. For more information, visit Savvy.com.

Contact: Emily Eastin
Interdependence
424023@email4pr.com
217-840-7455

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SOURCE Savvy

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ThreatHunter.ai’s JAXBERT SECURE Feeds Continuous Evidence Into Defense Contractors’ SPRS Scores Under Full CMMC Self Attestation

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Argillite, MILBERT, and TACT-IO cover 27+ NIST SP 800-171 practices and keep the live SPRS score current

BREA, Calif., Oct. 5, 2026 /PRNewswire/ — ThreatHunter.ai, a Service Disabled Veteran Owned Small Business with 19+ years protecting networks, today highlighted how JAXBERT SECURE helps defense contractors stand behind SPRS scores they now attest to on their own. It pairs the JAXBERT CMMC Level 2 platform with three managed security tools that feed it evidence continuously.

With Phase II certification dropped in July and DARS class deviation 2026-O0025 Revision 3 making Level 2 (Self) the default, CMMC is now full self attestation across all 110 NIST SP 800-171 practices. An SPRS score is a False Claims Act representation nobody checks before the contractor signs.

DoW CIO Kirsten Davies said at the Billington Cybersecurity Summit on September 9 that cybersecurity “needs to be contiguous and continuous, and it needs to be at the pace of the threat.”

JAXBERT SECURE does not just document security. It runs part of it:

MILBERT, identity threat detection: compromised credentials, privilege escalation, unauthorized access. 9 practices.TACT-IO, vulnerability management: continuous scanning, prioritized remediation, patch tracking. 8 practices.Argillite, managed detection and response: 24/7 monitoring by ThreatHunter.ai hunt teams with containment and evidence generation built in. 10 practices.

Because the modules feed evidence as they work, the live SPRS score reflects current security status, and manual assessment work drops roughly in half.

The platform walks contractors through all 110 practices in plain English, calculates a real time SPRS score, and generates an 80+ page System Security Plan, a POA&M with AI remediation plans, a SHA-256 evidence vault, and a mock assessment mode.

“Your SPRS score is a statement you sign, and right now nobody checks it before you do. We built JAXBERT SECURE so the evidence behind that score comes from security work happening every day, not a spreadsheet someone finished last spring,” said James McMurry, CEO of ThreatHunter.ai.

One product, everything included, for teams of 1 to 100, at $30,000 a year fixed.

Schedule a free 20 minute demo at https://www.threathunter.ai/jaxbert/demo/.

About ThreatHunter.ai

ThreatHunter.ai is a Service Disabled Veteran Owned Small Business providing threat hunting, managed detection and response, and compliance solutions to defense contractors, government agencies, and commercial organizations.

For more information, visit https://www.threathunter.ai. 

Media contact ThreatHunter.ai, 1.888.674.9001, 424115@email4pr.com 

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SOURCE ThreatHunter.ai

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