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:
Gales put two ferry sailings at risk tonight
Should the Island throw a birthday party for Barry Gibb?
Warning issued over icy roads
High ground could see 4 inches of snow on Saturday night
Mountain Road unlikely to open before Monday
Yellow warning for freezing temperatures tonight
School bangers night called off
AK47 and Uzi handed in to police