Holiday Lettings launches new rental index
Written by Marc Da-Silva
Thursday 31st May 2012
Holiday Lettings, part of TripAdvisor, and one of the UK’s leading holiday home websites, has launched its first ever Holiday Lettings Index.
Using data and statistics from over 60,000 properties in 120 countries, the Index analyses global self-catering property trends, demand, occupancy and pricing and highlights established and emerging investment hotspots.
With travellers seeking a greater choice of accommodation and destinations, Holiday Lettings says that holiday homes are attracting a new breed of property entrepreneur, savvy to the earning potential of this booming sector.
The Index shows that the eurozone crisis is prompting property investors to look beyond Europe.
“The fluctuating economic situation is certainly challenging property investors to rethink their game and consider new and emerging destinations like Oman and Istanbul”, said Kate Stinchcombe-Gillies of Holiday Lettings. “Doubtless there is more caution than ever amongst investors, but a solid understanding of the market, a gauge of tourism demand, supply and demand in a location, length of season and accessibility all contribute to an informed investment and likely returns.”
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