Housemate’s strategic move to Ontario is based on the immense tech opportunity ahead of the company’s Canadian launch later this year.
The decision to expand Housemates’ presence in Canada was driven by the growth in student admissions in the country and the surge in housing investment, making it the obvious next step for the company.
According to the Canadian Bureau for International Education, there has been a 185% increase in international student enrollment in the country since 2010, making Canada one of the fastest-growing destinations for international students.
“We are thrilled to be expanding our presence in Canada and opening our third global office in Ontario. Canada presents a huge opportunity for Housemates, with its rapidly growing student population and increasing demand for affordable and convenient student housing solutions.”Lydia Jones, CEO, Housemates
This has resulted in a strong demand for purpose-built student accommodation (PBSA) and student housing, which Housemates aims to address with its platform.
Housemates’ platform is 70% cheaper than traditional lead generation businesses and is leading with integrations into existing systems.
The platform provides students with a streamlined booking process, while also providing property owners with a hassle-free way to fill their properties.
With the opening of the new office, Housemates plans to accelerate its growth in the Canadian market and provide a reliable and efficient service to students and property owners alike.
The expansion follows the launch of two new features on the Housemates platform last year.