Houst
| Privately held company | |
| ISIN | 🆔 |
| Industry | Property management |
| Founded 📆 | 2015 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people | James Jenkins-Yates (CEO) Adam Byrtek (CTO) Bertie De Margary (CFO) |
| Brands | Houst, Airsorted |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Houst, formerly known as Airsorted, is a property management company based in London.[1] Founded in February 2015, the company now operates in 20 cities worldwide, and helps hosts manage the short-term letting of properties across platforms such as Airbnb, Booking.com, Expedia, and VRBO. The company offers a package of services to hosts including listing creation, pricing optimisation, guest vetting, guest communication, property maintenance, house-keeping, and laundry services.[2][3][4][5] Houst has managed over 6,000 properties and 250,000 bookings.[6]
History
Houst was founded as Airsorted in 2015 by James Jenkins-Yates (CEO), Tom Jones (Former CCO), and Daniel Scott (Former COO).[7] In 2019, Houst’s CEO was listed on the Forbes 30 under 30 list for his successful entrepreneurship in founding the “world’s largest Airbnb management company”.[8] In January 2020, Houst rebranded from Airsorted to differentiate themselves from Airbnb, and to also reflect the increased number of platforms used by the company to list properties on behalf of hosts.[9][3]
In 2017, Houst disclosed that they had raised £1.5 million via a funding round led by Concentric, and raised a further £5 million in 2018 via a Series A funding round led by Pi Labs and Atami Capital.[10][11][12] Later in 2018, Houst raised another £2 million through a crowdfunding campaign, and raised another £1.25 million on Seedrs in 2019.[13][14]
In 2018, Houst began operating in Dubai and later acquired a Dubai-based competitor Sama Sama Holiday Home Rentals LLC in January 2019.[15] In February 2020, Houst also took over management of the UK accounts of their competitor Hostmaker, and also acquired part of Hostmaker’s non-UK operations across Europe.[16][17] This acquisition led to Houst managing an additional 750 homes in London, 250 homes in Lisbon and Barcelona, and 200 homes in Madrid.[2]
In July 2022, Houst was the first small or medium enterprise (SME) to undergo a restructuring plan under the Corporate Insolvency and Governance Act (CIGA), enabling 300 employees to retain their jobs.[18][19][20]
References
- ↑ Clemente, Savio P. (6 February 2022). "James Jenkins-Yates of Houst On How To Create A Travel Experience That Keeps People Coming Back For…". Authority Magazine. Retrieved 26 August 2022.
- ↑ 2.0 2.1 "Houst (Airsorted) Crowdfunding Investment". www.seedrs.com. Retrieved 10 August 2022.
- ↑ 3.0 3.1 Stevens, Paul (23 January 2021). "Property management company Airsorted rebrands to Houst". Short Term Rentals. Retrieved 10 August 2022.
- ↑ "Everything we know about Airsorted, the new short-term home rental management company that just launched in Toronto". Toronto Life. 10 September 2018. Retrieved 26 August 2022.
- ↑ Britten, Elise (16 June 2018). "The new hassle-free Airbnb for Bristol homeowners". BristolLive. Retrieved 26 August 2022.
- ↑ "Realty Corporation Ltd announces investment in Houst". Short Term Rentals. 19 February 2019. Retrieved 10 August 2022.
- ↑ "45. Airsorted - TechRound100 Finalist". TechRound. 3 June 2019. Retrieved 10 August 2022.
- ↑ "James Jenkins-Yates". Forbes. Retrieved 10 August 2022.
- ↑ Gosling, Emily (4 February 2020). "Ragged Edge rebrands Airsorted as Houst to move away from its Airbnb-based origins". Creative Boom. Retrieved 10 August 2022. Unknown parameter
|url-status=ignored (help) - ↑ "Airsorted raises £5 million in Series A funding to fuel global expansion". Growth Business. 19 March 2018. Retrieved 10 August 2022.
- ↑ "Airsorted, a fast-growing Airbnb management startup, raises £1.5M". TechCrunch. Retrieved 10 August 2022.
- ↑ "Airsorted looks to global expansion following £5 million investment | PhocusWire". www.phocuswire.com. Retrieved 26 August 2022.
- ↑ "UK-based hosting management platform Airsorted raises £2.1 million on Seedrs". Tech.eu. 9 May 2018. Retrieved 10 August 2022.
- ↑ "Houst (Airsorted)". www.seedrs.com. Retrieved 10 August 2022.
- ↑ Wayman, Rebecca (30 January 2019). "London's Airsorted Limited acquires holiday home rental firm in Dubai". Bdaily Business News. Retrieved 10 August 2022.
- ↑ "Houst acquires Hostmaker". Concentric. 2 March 2020. Retrieved 10 August 2022.
- ↑ "Hostmaker Collapse Prompts Further Consolidation in Europe's Short-Term Rental Market". Skift. 2 March 2020. Retrieved 26 August 2022.
- ↑ "Hundreds of jobs saved by Houst restructuring manoeuvre". www.consultancy.uk. 29 July 2022. Retrieved 26 August 2022.
- ↑ "Houst restructuring plan sanctioned despite HMRC opposition". Pinsent Masons. Retrieved 26 August 2022.
- ↑ "Houst Safeguards 300 Jobs As Court Sanctions SME Restructuring Plan". Irwin Mitchell. Retrieved 26 August 2022.
External Links
See Also
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