“Milestone” as Host & Stay seals Peak District deal

A family-run holiday let management firm has broadened its reach with two acquisitions.

East Cleveland-based Host & Stay has bought Peak Staycations and Peak Cottage Management, adding 46 Peak District properties to its 1500-plus stable. 

The deal also marks Host & Stay’s fifth acquisition in 2024 and comes after it secured £10.5 million investment from Growth Partner earlier this year.

Dale Smith, chief executive, said: “The addition of Peak Staycations and Peak Cottage Management 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.

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 shares 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.”

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 its ambitious growth plans in a recent interview with Dale Smith in our sister publication, N, here.

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