UK: Tech-enabled operator limehome has appointed Will Kingston as the company’s director of expansion for the United Kingdom.
In his new role at limehome, Kingston will oversee the market entry and growth of the company’s UK portfolio, seeking opportunities that range from 20 to 200 keys for operational properties, new developments and conversions.
He joins the team from Sonder, where he held the role of associate director of real estate. Prior to this, Kingston worked for companies including Rettie & Co, Marsh & Parsons, and more.
“I am thrilled to have joined limehome, a company that continues to demonstrate steady and consistent growth despite a challenging macro-environment,” said Kingston.
“The limehome model thrives in diverse markets, as demonstrated by their huge coverage across Germany and Spain in ‘A’ to ‘D’ cities, in both high and lower RevPAR areas. For property owners and developers, limehome offers a low-risk solution, operating at a 30 per cent gross margin across its live portfolio, and offering flexible leasing models.
“The UK presents a significant opportunity to build on the success they have enjoyed on the continent, and I look forward to driving our expansion across the UK in 2024 and beyond,” he added.
Josef Vollmayr, co-founder and co-CEO of limehome, said: “We are excited to welcome Will Kingston to the limehome team. Will’s expertise will be instrumental in building strategic partnerships and driving our growth in the United Kingdom. His extensive industry experience, vast network and proven track record in the region make him a key asset as we continue our journey to rapidly grow our presence all over Europe in the coming years.”
Kingston’s appointment comes as limehome grows its European portfolio to more than 8,000 units.
