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 parent firm “files notice of intention to appoint administrators”
UK: According to a report in the Sunday Times newspaper, property management firm Hostmaker is urgently seeking talks with new investors as it continues to struggle with spiralling losses. The company, which is bankrolled by backers including Thai property developer Sansiri and Hong Kong real estate investor Gaw Capital, is reported by the newspaper to […]
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 […]
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. […]
Marriott International expands European home-sharing pilot
Europe: Marriott International has announced the expansion of its home-sharing pilot to include Paris, Rome and Lisbon in addition to London. From 2 October, travellers can choose from more than 340 properties across four European markets with the opportunity to earn and redeem points across Marriott’s award-winning loyalty platform, including Marriott Rewards and Starwood Preferred […]