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The Short Term Rental Landscape
As the hospitality and property sectors continue to merge, we are seeing an increasing demand for the full management services offered through Host & Stay. Fuelled further by our flexibility, ease of use and the incremental returns we deliver for our property owners.
In recent years residential letting has become more difficult for landlords. With the crackdown on financial tax breaks and the Government’s plan to abolish Section 21 evictions, landlords are concerned that they could be stuck with difficult or unwanted tenants for long periods of time. With many landlords being forced to change their strategy, it’s easy to see why they are looking to make the switch from traditional long-term lettings to holiday, and short-term lettings.
Host & Stay is an industry leader, and our service ensures we are the ideal partner for those looking to enhance the performance of their assets professionally and responsibly. We 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 business.
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The Short Term Rental Landscape
Many landlords are starting to switch from traditional long-term lettings, to short-stay holiday and corporate lettings and are now benefiting from improved financial returns.
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.