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:
Three buses won't run, eight more at risk today
Three bus services have been cancelled today with another eight at risk later.
Former chief minister to ask first question of new parliament
Former chief minister Alf Cannan will get to ask the first oral question of the new parliament next week.
New children's soft-play coming to tearooms in Laxey
A soft play area has been approved for a tea room in Laxey.
More dates added to food hygiene training
The Department of Environment, Food and Agriculture says high demand means it's added two more dates to a training scheme for food and drink businesses.
Peel Secret Santa scheme brings hope to Island families this Christmas
A Secret Santa scheme for struggling Island families has received an overwhelming response from people wanting to make Christmas brighter for those who need it most.
Own Homes approaches 1,000 pre-registrations on the Isle of Man
A new rent-to-buy scheme has attracted almost 1,000 pre-registrations ahead of its launch in early November.
Timpson applies for key-cutting kiosk at Tesco
You could soon get your key cut after your food shop, if planners give the green light to new proposals.
Post Office suspends deliveries of goods to the EU
The Post Office has halted deliveries of goods to the European Union.
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