Host & Stay achieves “significant milestone” with Peak District expansion
A family-run holiday let management firm is broadening its reach with the acquisition of two businesses, boosting its property portfolio and strengthening its presence in a popular UK holiday destination.
Cleveland-based Host & Stay has acquired Peak Staycations and Peak Cottage Management, adding 46 premium properties in the Peak District to its growing collection of more than 1,500 exclusively managed properties.
The deal also marks Host & Stay’s fifth acquisition of 2024 and comes off the back of securing £10.5 million investment from Growth Partner earlier this year to help realise its growth ambitions.
Dale Smith, chief executive officer of Host & Stay, said: “The addition of Peak Staycations and Peak Cottage Management to the Host & Stay family is a significant milestone in our journey to expand into the UK’s most sought-after holiday destinations.
“The Peak District is a thriving market, and we see tremendous potential to enhance revenue and optimise property performance for owners in the area through our proven strategies.”
Founded in 2021, Peak Cottage Management initially focused on backend management for local cottage owners, later launching Peak Staycations in 2022 to handle bookings and guest services.
The deal also includes a housekeeping service, which will be integrated into Host & Stay’s existing in-house operations, creating a full-service offering in the region.
Mark Clark, founder of Peak Staycations and Peak Cottage Management, added: “It’s been an incredible journey building Peak Staycations and Peak Cottage Management into what they are today.
“Joining the Host & Stay family is a natural next step for the business, and I’m confident their expertise and resources will take it to new heights and add real value to our owners.
The Host & Stay team share our commitment to delivering an exceptional service to both property owners and guests, and I’m excited to see how the business evolves under their leadership and strategy.”
With the Peak District’s growing popularity as a holiday destination, the move positions Host & Stay to capitalise on growing demand while delivering seamless property management.
Dale added: “Mark and his team have built a fantastic business, and we’re excited to build on this foundation as we integrate their portfolio into ours.
“This acquisition aligns perfectly with our goal of delivering exceptional stays for guests and outstanding results for property owners.”
Read more about Host & Stay and their ambitious growth plans in a recent interview with Dale Smith on our sister publication, N, here.
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