Airbnb firm backed by two Dragons Den stars rebrands as Nestor

Airbnb firm backed by two Dragons Den stars rebrands as Nestor


Todays other news


The London Airbnb property management company previously known as AirAgents, has rebranded as Nestor.

Established in 2015, AirAgents went on to win separate investments from two celebrity entrepreneur Dragons’ Den stars, Touker Suleyman and Tej Lalvani: the pair remain involved with the company, which offers management services to landlords and homeowners who let their property via Airbnb.

Now the business says it’s expanding into wider accommodation markets, particularly focusing on the serviced apartment and student accommodation sectors.

Fran Milsom, co-founder and director of Nestor, comments: “Our business has evolved so much since 2015 that it made sense to change the name and rebrand to reflect this. Although we continue to work with Airbnb as one of its preferred partners globally, our focus is now on the business to business sector.

“Nestor is the name of TinTin’s butler and as our business is based on service, we thought the name was a good fit. It also works for international markets which is important as we begin to break into new countries. As our business is all about people, it made sense to drop the “Agents” reference – we are not an agent, we are a partner.”

Nestor is currently managing over 500 privately owned apartments, 400 serviced apartments and 2,000 student rooms, with plans to significantly expand on this in 2020 and beyond.

Milsom adds: “There are huge opportunities to create a more personalised and experience-led provision in the serviced apartment sector which has a reputation for being fairly soulless. Student accommodation that is left empty for weeks whilst students vacate for the holidays is also ideal for the short-stay sector, and an area in which we are seeing significant growth.”

 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Black Brick says it's top rental search. bagged a London...
That’s the claim from flatshare website SpareRoom....
A new report by a think tank wants more tax...
Only one region in England has average rents which are...
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
Recommended for you
Latest Features
The regulation of Property Agents recommendations are back on the...
Black Brick says it's top rental search. bagged a London...
Sponsored Content
Letting agencies face the dual challenge of keeping both landlords...
In an industry where compliance and client money handling are...
PropTech provider Reapit will announce the latest enhancement to its...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here