Stay in London

Dainius Podolinskis, founder of StayinLondon.co.uk, a well-known and quality-driven property manager in UK’s capital, writes about the added value that Doinn brings to the industry with their own case study.

Stay in London in facts;

Properties managed: 18 in Central London – Kensington & Chelsea, Soho, Covent Garden, Belgravia, Notting Hill and other

5 years of experience in Property Management:

Average occupancy rate before 2020: 90%

Average occupancy rate in 2020: 60%

Doinn: Consequences of the pandemic for your business? 

DP: We had to rapidly change the strategy and start marketing our properties for the domestic market and medium-term (1-3month) stays, which proved very successful.

Doinn: How do you keep your business active, what measures are you taking?

DP: We drastically cut our costs, we started working from home and don’t have an office. We are also spending more time researching other channels to get maximum exposure for our properties to have them occupied – for example we signed a contract with a corporate insurance company, that often needs accommodations for their clients who have some problems with their houses/flats and need temporary, medium-term accommodation.

Doinn: What is your outlook for the future?

DP: I am confident that 2021 will be the year of opportunity for all the management companies that managed to survive 2020. I am sure travel will come back with a bang and we need to be prepared for it!

Doinn: What service(s) do you order through Doinn and what are the advantages of using our platform?

DP: Doinn is a perfect partnership for us as we grow – we can rely on flexibility when the demand increases.

Doinn: We are very happy to be able to help you. 

Thank you for allowing us to get to know you a little bit better.

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