Pass the Keys
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| Industry | Short term rental property management |
|---|---|
| Founded | May 15, 2015 in London, United Kingdom |
| Founder | Alexander Lyakhotskiy |
| Headquarters | London , United Kingdom |
Area served | United Kingdom and Spain |
| Website | www |
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Pass the Keys is a British short-term rental property management company operating in the United Kingdom and Spain. It operates a franchise model, providing technology and services to local partners who manage properties on behalf of owners.[1] The company's platform allows property owners to list their homes on various booking websites, including Airbnb and Booking.com [2]
Pass the Keys was founded in 2015 by Alexander Lyakhotskiy in London. The company initially operated as a property management service before developing its proprietary technology platform.[3]
In 2019, Pass the Keys shifted to a franchise business model to accelerate its growth across the UK.[3] This model allows independent local partners to operate under the Pass the Keys brand, providing a localised service in their respective territories[4]
In 2020, the company secured over £1 million in a crowdfunding round on the Seedrs platform. The funding was used to expand its franchise programme and invest in product development.[5]
In 2021, the company won the New Franchisor of the Year and Best Technology and Innovation awards at the Virtual Franchising Awards .[6] It was named a finalist for British Franchise Association Emerging Franchisor of the Year in 2023,[7] and it was again recognised at the Virtual Franchising Awards winning Franchisor of the Year.[3] The company was recognised as a Top 100 Franchise by Elite Franchise Magazine in 2025.[3]
The company began its international expansion by opening franchises in Spain from 2023.[8]