The property sharing market has exploded in the last few years, driven primarily by Airbnb. Host management services are trying to make it easier for consumers that want to let out their properties, by taking the hassle of it away charging a cut of the rental fees.
Formerly known as Airsorted, Houst was one of the first companies in this space, which enabled it to expand quickly and capture a large portion of the market. Hostmaker, a rival to Houst, went bust and Houst acquired a portion of Hostmaker’s non-UK operations, mainly in France, Portugal, Spain, and Italy, as well as the UK accounts.
These are operationally complicated businesses, so scaling will be challenging. After a difficult few years, re-establishing itself and moving forward will be the main focus of the company. Houst is currently active in 23 cities with more than 8,000 listings.
Kirsty
Company Specialist at Welcome to the Jungle