Third parties upgrade homestay sector

Managing spare houses has always been a time-consuming and energy-intensive task for Wang Yanyun, a part-time real estate investor, especially as she wants the properties to create more value before she resells them.

The surging short-term homestay industry, with services managed by third parties, has offered a solution.

Although self-managed hosting services such as Airbnb Inc and Tujia.com still dominate the market in China, third-party management is on the rise.