Luminii provides CDD support to Growth Partner on their investment in Host & Stay

06 Sep 2024 /

Luminii are delighted to have provided Commercial Due Diligence (CDD) support to Growth Partner on their investment in Host & Stay (“H&S”), a rapidly-growing North East-based holiday home management company.

The investment will support H&S’s buy-and-build strategy which has been set in motion with two acquisitions completing in parallel with Growth Partner’s investment – Brighton-based Airhost For You, which manages 105 properties, and Norfolk Holiday Properties, which manages 130 properties.

H&S was founded in 2018 by entrepreneur Dale Smith and utilises a sophisticated, fully integrated model which unlocks greater rental yields for its property owners alongside a higher touch level of service. This differentiated model has helped the business capitalise on the £2.5bn thriving staycation market in the UK, enabling its exceptional year on year growth. With Growth Partner’s investment, H&S will be able to continue its rapid growth to become the leading end-to-end holiday let and short term rental management agency in the UK.

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