France Joins Spain, Italy, Greece, Portugal, and More to Lead Europe’s Unstoppable Luxury Rental Revolution of Last Year - Travel And Tour World
Summary
The luxury rental market in Europe is booming, with France joining Spain, Italy, Greece, and Portugal at the forefront. This trend signals significant growth potential for hosts in these regions. Hosts should consider this as they potentially look at expanding or entering these markets. Explore opportunities in luxury rentals.
More from Getting Started
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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