As the hospitality and property sectors continue to merge, there has been an increase in demand for the full management services within the property sector. There has never been a better time to run your own Property-let Management Business.
According to a report by letting agent professional body ARLA Propertymark last year, nearly 50,000 properties have been changed from long-term to short-term letting. Its research, which was carried out by Capital Economics, found that a further 10% of landlords were considering offering short-term lets in the future.
Host and Stay Franchisees help more homeowners and partners unlock the potential in their homes, they list their rental properties on Airbnb, Booking.com, 60+ Booking Platforms including access to exclusive Platforms.
Franchisees handle the entire process for homeowners; including marketing, revenue, property, and guest management and generating income – Host and Stay's technology helps run every element of a booking.
Host and Stays' Franchise Partnerships are perfect for those individuals that are looking to take the next step in their career and want to open their own short let property management business but with the backing of Host and Stay’s brand recognition, established database and network.
Franchisees can find this route highly rewarding in the long run as cold start opportunities give potential franchisees the autonomy to set up the office and grow it how they see fit right from the beginning.
This is where an independent estate agency, letting agent, property management, or a property professional business wants to enhance their growth into a new market segment within the local property marketplace.
The Host and Stay licence structure allows you to utilise the intellectual property of the brand and its trademark to enhance your business in an exclusive territory as a full-service holiday lettings company whilst retaining the freedom of operating your business independently.
A license is only available to existing businesses with the infrastructure in place, and holds a monthly licence fee.
When you become a Host and Stay Franchisee, you automatically become a member of their Host and Stay Academy. You will learn who they are, what they do, how they do it, when they do it, why their customer centric approach is at the heart of their core values, and where they are going on this journey to revolutionise the short-stay industry.
Host and Stay will team you up with a Partnership Manager here at Host and Stay HQ, who will provide you with long-term individual support.
Host and Stay Are With You Every Step of The Way, Online and In Person.
Host and Stay will handle the entire process including marketing, revenue optimisation, and 24/7 guest management, meaning your clients properties are in expert hands and generating income. Leaving you to focus on growing your Property-let Management Business.
Host and Stay are looking for business partners, no matter where you’re located within the UK.
If you’re passionate about property, have great local knowledge, and are an ambitious like-minded individual entrepreneur, or experience property professional within lettings or estate agencies – then Host and Stay would love to hear from you!
Their partnership models are a unique relationship between their team and you. Their solution gives you access to the knowledge, support, and infrastructure needed to build a multiple income stream portfolio without having to do all the work yourself. Not everyone has the time or expertise to build a Short-stay lettings property portfolio.
Host and Stay will help you grow a portfolio of properties across your hometown and beyond, managing meaningful relationships with your own loyal customers. They will be with you the whole way.
This does vary on the size of your area, but typically, for a ‘cold start’ franchise, you should budget £15,000 to £20,000 for the Initial franchise fee plus ongoing investment for the first 12-18 months.
Benefit from a portfolio of managed properties that provides you with multiple recurring rental incomes
Year on year direct booking continuous growth
Training on all aspects of running the business