Short-term let property management firm Hostmaker has gone into administration, prompting redundancies for the entirety of the company’s London-based team.
Houst, formerly Airsorted, is now believed to have acquired the company’s client base.
RSM UK have been appointed as administrators for Hostmaker, which was founded by husband and wife pair Nakul and Deepti Sharma in 2014.
The UK Short Term Accommodation Association (STAA) has moved to offer reassurances to those hosts who are customers of collapsed Hostmaker that they will be supported by the industry, following the news that its parent company, Flying Jamon Ltd, has been placed into administration and has ceased trading.
Merilee Karr, chair of the STAA, said, “It is always sad when a company falls into financial difficulties but it is one of the traits of a fastly, evolving and growing sector. My sympathies go out to all the Hostmaker staff and their customers that have been affected by this news.
“We are pleased that the industry has acted quickly so that homeowners who were customers of Hostmaker have been migrated to one of our member companies, Houst, to ensure, in most instances, the services they signed up for will continue to be delivered.”