Business Insider·4 min read·medium

I started an Airbnb business with my friends with 4 cabins. Now we manage more than 500 properties.

I started an Airbnb business with my friends with 4 cabins. Now we manage more than 500 properties.
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A group of friends in Quebec scaled a short-term rental management company from four cabins to over 500 properties in four years. The business grew organically by solving management problems for themselves and their neighbors.

Why it matters

The story illustrates the rapid growth potential of the short-term rental market and the challenges of scaling property management operations.

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Samuel Sévigny and his friends started a short-term rental property management company and scaled from 10 properties to over 500 in four years. Chaletô Samuel Sévigny cofounded Chaletô, a Quebec-based rental management firm, with friends in 2022. They've grown the company in four years and now manage over 500 properties. Sévigny said that some things run more smoothly at scale — others don't. This as-told-to essay is based on a conversation with Samuel Sévigny, 32, the cofounder and marketing director at Chaletô, a short-term rental property management company based in Quebec, Canada. Sévigny started Chaletô in 2022 with four of his friends and has scaled to over 500 cabins and condos. The following has been edited for length and clarity. It started as six friends fresh out of college. We all had other jobs.

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