Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.

Stay With Us Acquires Horizon Stays Portfolio, Surpasses 200 Properties

Stay With Us, a North East property management company, has completed its first acquisition, taking its managed portfolio to more than 200 properties. The company acquired the serviced accommodation portfolio of Horizon Stays and is seeking further acquisitions as it expands across the region.

Founded in 2023, Stay With Us manages properties from North Yorkshire to Northumberland, with operations also beginning to extend into the Lake District. The company employs around 15 people and manages bookings, guests, maintenance, and the day-to-day running of properties on behalf of owners.

According to the report, around half of Stay With Us's bookings are now made directly, rather than through third-party platforms such as Airbnb. The business also receives bookings from corporate travel agents, insurance and relocation companies, emergency housing providers, contractors, and local authorities.

Stay With Us plans to continue its growth through a combination of new management instructions and further acquisitions, particularly in the North East. The company is actively seeking additional portfolios from owners and operators considering selling.

Horizon Stays, established in 2021, built a serviced accommodation portfolio across the region. The transfer of its portfolio to Stay With Us marks a significant milestone for both companies.

This development is relevant to UK letting agents and inventory clerks monitoring changes in property management portfolios and regional expansion within the serviced accommodation sector.