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TODAY'S OTHER NEWS

Airbnb property management firm expands beyond London

Airbnb property management firm, Air Agents, has expanded from London into Bristol and Bath.

With almost three million tourists visiting Bristol and Bath every year, Air Agents is looking to help homeowners capitalise on the growing short-stay market.

Having achieved rapid growth since launching in London three years ago and investment from BBC Dragons Touker Suleyman and Tej Lalvani, Air Agents clearly thinks that now is the right time to expand into new markets and cities.

Fran Milsom, co-founder of Air Agents, said: “With such a high tourist population, Bristol and Bath are ideal destinations for homeowners who might want to capitalise on the growing sharing economy.”

Milsom reports that the average nightly rate in Bristol and Bath is £135, and the occupancy rate is 86% and growing compared to the industry average of 70%. 

He claims that his firm can help improve homeowners’ rental returns by up to 40%.

Milsom added: “We take away all the stress for landlords by vetting potential guests, organising cleaning and linen, checking in guests, handling any issues during their stay and everything in-between.

“We feel Bristol and Bath could really benefit from this service and we look forward to helping landlords to make the most out of their properties.”

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