6 | LUXlife Magazine “STAY Short Lets was built to give owners and investors a truly hands-off short-term rental solution, covering everything from renovation coordination, interior design, and furnishing to full hospitality operations and guest management.” STAY Short Lets is a short-term rental management company operating with a model dedicated to hosts and guests alike. Established to professionalise a market that was often deemed informal, STAY Short Lets is the brainchild of Mike Hadjioannou. Mike is a shareholder and Director of HADECO LTD, a construction and maintenance company boasting more than three decades of experience and over 100 completed projects. Mike’s vision for STAY Short Lets began in early 2017, when he noticed a clear gap in the short-term rental market. Many properties weren’t reaching their full potential due to outdated practices, poor condition, and inconsistent management, ultimately limiting profitability for owners. With a strong background in construction and property maintenance, Mike saw an opportunity to combine renovation expertise with professional, tech-enabled, systems-led short-term rental management. As his team began renovating properties to bring them up to guest-ready standards, it quickly became clear that finding a reliable management partner to run the day-to-day operation was no easy feat. This challenge, along with the booming real estate sector at the time, highlighted a growing demand for high-quality, accountable property management across Cyprus. Mike and his team decided to bridge this gap by establishing STAY Short Lets, providing a comprehensive solution that eases the burden on property owners while improving the performance of their investments. On behalf of its clients, the STAY Short Lets team can manage the full shortterm rental journey, from preparing a property for the market through to Best Short-Term Rental Management Company 2026 Cyprus & Property Asset Protection Excellence Award 2026 Cyprus Managing a short-term rental property is no easy feat, requiring constant attention to detail, ongoing guest communication, and a commitment to maintaining high standards of property care. This can be a significant burden for many investors and property owners and, without professional management, performance and profitability can be hindered. Enter STAY Short Lets, a Cyprus-based modern property management company on a mission to help owners turn their properties into a sustainable source of income. Founder and CEO Mike Hadjioannou told us more below, as STAY Short Lets is recognised in the Hospitality Awards 2026. running the complete day-to-day operation. Supported by its renovation and property-care background, STAY can oversee the full preparation process where needed, including renovation coordination, interior design, and furnishing, before taking on full operational management to deliver a truly hands-off experience for owners and investors. Its services cover the complete guest journey and daily operation, including professional listing creation and optimisation, multi-channel distribution, revenue management and dynamic pricing, guest screening and verified check-in, 24/7 guest communication and support, housekeeping and linen coordination, inspections, maintenance coordination and oversight, restocking, and structured incident handling through the STAY Protection Program. The STAY Protection Program embeds risk controls throughout the guest journey to help protect the property owner and their assets from beginning to end. Designed to reduce risk and protect long-term property condition, this Program features a wide range of strategic controls, including screening, deposits, clear rules, and structured incident handling, while also providing an added layer of owner protection in eligible cases. It is this focus on owner protection that has earned STAY Short Lets the Property Asset Protection Excellence Award 2026 Cyprus. Alongside maintaining the property itself, STAY Short Lets management services take care of the operational detail for the property owner. The team delivers structured strategies supported by pricing technology and continuous optimisation, prioritising visibility at every stage with dedicated owner support, clear monthly reporting, and access to a personal Owner Dashboard. “We manage each home as a performing asset, using systems-led operations and local execution to deliver consistent standards, protect long-term property condition, and maintain guest satisfaction.”
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