OrientStay lists 200 flats in nine cities, and is seeking investors at Europe-Iran Forum in Geneva

A Swiss company has opened an Airbnb-style accommodation service in Iran, as more western firms seek business opportunities in the country after a deal was reached to curb Tehran�s nuclear programme in return for sanctions relief.

OrientStay, which began operating two weeks ago, lists 200 flats in nine cities including Iran�s top tourist destination of Isfahan. So far five foreign customers have reserved accommodation, two of whom are currently visiting Iran.

The site�s director, Mehrzad Kho�, is attending a two-day conference in Geneva in the hope of finding further investment. Around 600 people have gathered at the Grand Hotel Kempinski for the second Europe-Iran Forum*.

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