Hostmaker Gone Bust - Houst (Airsorted) Taking Over Host Accounts

[Susan17]

"End-to-end" property management service Hostmaker has just gone bust, with pre-tax losses of £14.3 million in 2018. Host accounts at Hostmaker will now be managed by Houst, (the piss-artists formerly known as Airsorted). Any hosts/owners who were signed up with Hostmaker, need to do some serious research into Airsorted -

and a deep dive into the terrible rep they'd justifiably earned prior to their recent shiny new re-brand as Houst (what convenient timing!) - before determining  for yourselves whether or not having Houst take over the management of your properties is a risk worth taking. 

"UK-based hospitality management company Hostmaker has gone out of business with rival Houst moving to pick up some of its assets in a significant act of consolidation in the urban short-term rental management market.

Houst, which was formerly known as Airsorted, is paying upward of $1.3 million (£1 million) to acquire a portion of Hostmaker’s non-UK operations, mainly in France, Portugal, Spain, and Italy. Houst has also taken on the management of Hostmaker’s UK accounts.

“Having unified the two largest operators in the European market, Houst will look to seek further M&A and investment opportunities to further develop our markets and help more people host,” said James Jenkins-Yates, Houst founder and CEO

See thread below for just a small selection of (terrible) host experiences with Airsorted.. 

https://community.withairbnb.com/t5/Help/Has-anyone-used-Airsorted/td-p/129148

[Paul1255]

Thanks for posting @Susan17 

I have actually had messages from a few of my hosts who used Hostmaker before leaving them for me this morning with the news.

The Houst rebrand now makes perfect sense!

Paulx

[Susan17]

@Paul1255 

If their abysmal record over the past several years is anything to go by P,  it won't be long until Houst/Airsorted goes t*ts-up too.

You can't make a silk purse out of a sow's ear, no matter how much money you throw at it. ;))

[Susan17]

"In a growing sector like this where there is a race to scale up, casualties will always exist. Houst will be hoping to capitalize on Hostmaker’s misfortune"

Bear in mind here,  that by far the greatest number of "casualties that will always exist" due to these speculator and vulture-funded chancers' "race to scale up" , is and will continue to be, small independent local hosts and co-hosts. 

Hostmaker Collapse Prompts Consolidation Of Short Term Rentals Market

https://skift.com/2020/03/02/hostmaker-collapse-prompts-further-consolidation-in-europes-short-term-...