Thursday, July 18, 2019

  European firm opens website for home rentals in Thailand

Nov 01. 2018
Nakul Sharma, Hostmaker’s chief executive officer and founder, announces the company’s business expansion in Thailand yesterday.
Nakul Sharma, Hostmaker’s chief executive officer and founder, announces the company’s business expansion in Thailand yesterday.
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HOSTMAKER, a European home rental management company, plans to open a home-sharing online platform in Thailand, the company’s chief executive officer and founder Nakul Sharma said yesterday.

He said that the new platform, Stayy with Hostmaker, would debut in Thailand ahead of Hostmaker's existing European markets, in order to serve the growing demand for high-end, vetted accommodation in Bangkok.

Sharma said Stayy allows visitors and expats to search for medium and long-term accommodation, on a flexible contract, with the assurance that all properties are |legal and have been vetted by Hostmaker's experts.

“Bangkok is the most visited city in the world. Millions of tourists, students, expats and business travellers flock to the city every year, looking for legal and vetted properties to hire for at least a month and up to a year, making it the perfect market for us to launch Stayy with Hostmaker,” Sharma said.

“The local market regulations around short-term lets provides us with the perfect environment for our brand-new medium to long term lettings platform, and we're excited to be debuting Stayy in Bangkok.”

Established in 2014 in London, Hostmaker has hosted more than 250,000 guests and generated more than Bt2.1 billion for homeowners. Hostmaker was the winner in the "Best Short Term Rental Platform" category at the Serviced Apartment Award last year, based on its record of bringing higher yields for its homeowners and memorable experiences for their guests, Sharma said. Since launching in Bangkok in September, Hostmaker has added over 50 properties to its Thai portfolio.

 “Fully compliant with local regulations, Hostmaker vets all properties and only leases them for a minimum of 30 days,” Sharma said. “It is currently difficult for visitors to Bangkok to find a legal property to rent for a month upwards, so Hostmaker has created Stayy: a platform that enables users to book home rentals with assurances of personal service, flexibility and security with just one click.

 “The key features of the Stayy platform are including exceptional properties, hand-selected for their outstanding design, quality and comfort. 

“Top Bangkok locations, thoughtfully considered with a variety of options to suit guest needs, from vibrant city-centre condos to tranquil neighbourhoods.

“Round the clock personal service, with local experts at the end of the phone 24/7 to support guests during their search and throughout their stay.”

Sharma said the company offers “total flexibility”. However long guests are planning to stay, they won't be tied into a strict contract, and the whole process is hassle-free, he said.

“To serve such demand and needs for consumers, Hostmaker is working with its key investor Sansiri Plc, a Thai real estate developer, to identify key property opportunities in Bangkok, including The XXXIX, Hasu Haus, Keyne by Sansiri and The Monument Sanampao.

 “Stayy with Hostmaker takes us a step further in our mission to unlock the potential of every home in Bangkok, bringing our hotel-quality homes to a new breed of travellers. Through Stayy, we will deliver unique homes and unique experiences to Bangkok.” 


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