The MHK in charge of tourism and motorsport at the Department of Economic Development says he's confident a replacement Homestay contractor can be found to take over next year.
Regency Travel, the current coordinator, is closing down - but the department says it's already looking for someone to run the scheme.
Mr Callister says the closure doesn't affect anybody visiting the Island for TT 2017.
And he says the hunt's already on for a new company:
New government agency aims to improve access to affordable housing
A new housing agency is being created within the government, to help speed up the construction of affordable homes.
Westmoreland Road Spar's post office to reduce services
From next month only postal services will be available at the Spar on Westmoreland Road in Douglas.
Shocking footage shows man crossing MGP course moments before bike speeds past
Footage is being circulated of an incident where a man crossed the closed MGP course, a matter of seconds before a bike speeds down it.
Results see 98% pass rate with majority of GCSE students going to Sixth Form
The government's announced a 98 percent overall pass rate from over 1,000 students who received results for GSCEs and other qualifications today.
7 year old sets the bar high at Douglas gym
A young gym-goer has left her peers amazed after completing a four-minute dead hang.
Ballabeg’s Bigfoot Sunflower Field reopens this weekend
A sunflower field in the south of the Island is ready to open its gates once again this weekend.
Curphey's high street premises up for sale
The premises of a well-known high street shop in Douglas are up for sale.
'Cut the risk – trim your trees' says DOI
The government is reminding landowners to trim their trees, or face being fined up to £5000.
