Hostmaker: a one-off or a property management domino effect?
UK: Last week’s news which saw property management company Hostmaker enter administration has left the rest of the short-term rental industry reeling over the short- and long-term impacts on the global market. The company’s demise was almost inevitable as soon as a report emerged in The Sunday Times a fortnight ago that its parent company, […]
Hostmaker enters administration: London-based team made redundant
UK: London-based short-term let property management company Hostmaker has gone into administration, a week after news of the firm’s potential insolvency first broke in the Sunday Times newspaper. The administration has prompted redundancies for the entirety of Hostmaker’s London-based team, and Houst [formerly Airsorted] is now believed to have bought the company’s client base. The […]
Hostmaker becomes latest operator to go live in Dubai
Dubai: London-based short-term rental property management company Hostmaker, has gone live in Dubai in its second major overseas venture beyond Europe after Bangkok. The operator is out to capitalise on Dubai’s increasingly quick growth rates for short-term rentals ahead of the new year. Speaking to Gulf News, Hostmaker founder and CEO, Nakul Sharma, said: “The […]
Klevio announces partnership with Hostmaker
UK: Klevio, a manufacture of smart intercom systems, has announced a partnership with home rental service provider Hostmaker. Hosts will be offered an exclusive rate to install Klevio, so guests can gain access to the property via an app on their phone. Rather than replacing your lock and keys, Klevio One connects to an existing […]
Calls for London Mayor to ban TfL short-term let adverts
UK: The Mayor of London is being asked to ban adverts on the Transport for London (TfL) network which appear to call on landlords to offer tourist lets only as opposed to homes for Londoners. The Residential Landlords Association (RLA) has put pressure on Sadiq Khan to remove the marketing campaign adverts, which were put […]
Hostmaker pulls “misguided” adverts after criticism
UK: After criticism for appearing to encourage landlords to let their properties to short-let visitors only, Hostmaker has brought down “misguided” rental adverts on the TfL network. The firm, which launched in 2016, manages London-based properties that are listed on to Airbnb and other lettings platforms, had faced mounting criticism after it was found to […]
Management firms filmed implying how to bypass UK letting laws
London: A number of leading Airbnb management platforms have been caught on film explaining how they can help landlords in London bypass the UK’s strict short-term letting limits. An investigative journalist from the BBC programme, Inside Out London, secretly recorded staff from firms such as Hostmaker, Cityrelay and GuestReady telling an undercover reporter how they […]
Entries still open for short-term rental category at Serviced Apartment Awards
London: Short-term rental platform providers and operators are being advised to enter a rental category at International Hospitality Media’s annual Serviced Apartment Awards in March. The Serviced Apartment Awards, now in their fourth edition, are the only awards created for and by the serviced apartment, aparthotel, extended stay and short-term rental industry. In addition, the […]
Spotahome and Hostmaker unite to help London landlords offer longer-term rentals
UK: Hybrid letting agent Spotahome and Airbnb management service Hostmaker have reportedly agreed a deal to help London landlords bypass the city’s maximum short-term rental laws. Airbnb now enforces a 90-night limit after councils in London introduced the restriction in late 2016. To help make renting their properties out on Airbnb viable, Spanish property tech […]
Hostmaker announced as founding member of inclusive tech alliance
UK: Hostmaker has been announced as a founding member of an alliance which is being launched to improve diversity within the tech sector. The Inclusive Tech Alliance (ITA) has been set up in response new research by agency Inclusive Boards that will show the sector is significantly lagging behind others on diversity within senior leadership. […]