HOSTMAKER arrives in Bangkok with opportunity for home rental services and higher rental yields than the market standard

Real Estate Press Releases Friday August 24, 2018 11:18
กรุงเทพฯ--24 ส.ค.--vero pr

HOSTMAKER, London-based leading home rental management company, brings its service to Bangkok, Thailand. With international hospitality expertise, design thinking and award-winning pricing to home management, HOSTMAKER helps property owners optimize their income stream from their properties as well as eliminate all the pain points.

HOSTMAKER is a new solution for those who want to rent out their place but still lack of managing skills, experience and time. So, HOSTMAKER will solve all these problems by using its company service, covering from providing 5 stars housekeeping quality, end-to-end maintenance, welcome packs for arriving guests, creating a stand-out listing as well as pricing optimisation. On one end, property owners could earn up to 30% higher yields with variable income options. Whereas, guests and tenants also receive state-of-the-art service on their stays.

Bangkok is not only the most visited city in the world last year, according to CNN, but also a gateway to ASEAN region as a number of international businesses house their regional headquarters in this capital city. Based on the Foreign Workers Administration Office, Thailand is a house of more than 100,000 foreign professionals (specialist, manager and executive levels). Therefore, more expatriates and foreign professionals are here in the city. This creates demand for long term property rent for both condominiums in CBD and single houses for foreign executives who move in with their families.

In addition, demands for condominium rent in Bangkok CBD and near universities are also growing among local salary earners and students, as they seek convenient accommodations for living.

Nakul Sharma, CEO of HOSTMAKER knows the pain points from on-hand experience, since he and his wife once were host for Airbnb. He then came up with the idea to create the business that would solve all the problems. As a result, HOSTMAKER was founded in 2014. "HOSTMAKER is not just a fancy dream. It is active across 9 cities in 6 countries, globally, and is growing at a rapid rate. Since Bangkok is a crucial gateway to ASEAN region, I believe that the hotel industry will definitely grow. Now Thai property owners are accessible to world class service of HOSTMAKER via www.hostmaker.com," said Nakul Sharma.

To serve high-demanding Bangkok, HOSTMAKER partners with Sansiri, Thailand's leading full-service real estate developer, to maximize the real estate market in the capital. Sansiri knows that houses and condominiums can be more than just residences for the owners, they are also great for investment.

"Sansiri's expertise in Thailand's real estate market and a strong audience in local, international and expatriates, combined with our experience and achievement in Europe, this is a perfect formula for a groundbreaking project in Bangkok," said Nakul Sharma.


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