VC-backed Airbnb management company Hostmaker is launching in Florence, Cannes and Madrid this month.

The planned growth comes after Hostmaker raised $15m (£11.4m) in Series B funding last year.

The London-based service was founded in 2014 by Airbnb ‘Superhost’ and former hotelier Nakul Sharma and claims to have achieved 400% year on year growth since then.

On the expansion, Nakul Sharma said: “We will be rolling out the full service in the coming weeks and look forward to welcoming new customers and team members to Hostmaker.

“Our ambition has always been to be a leading global business and we have been firmly executing on this,” he added.

Hostmaker has opened operations in four markets over the past three years, including Lisbon in November 2017.

Now, the firm plans to launch in Florence on 8 March, Nice and Cannes on 13th March and Madrid on 1st April in an attempt to attract new landlords and second-property owners. The launch will be announced this week in Cannes at MIPIM, a global real estate conference and exhibition.

Hostmaker began with the ambition of helping homeowners rent our their properties with ease by offering a wide range of services, such as housekeeping from five-star hotel trained staff, professional photography and design, daily pricing reviews and guest relations.

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