Predictions for the luxury villa industry in 2011

Luxury Retreats has previewed trends in the villa rental industry since it started gathering statistics at the beginning of the last decade, and views 2011 as a bellwether year for an overall upswing in travel. “Not only have we seen the luxury villa market bounce back from the deepest valleys of the recession, but the last few months have marked a resurgence in rentals that we expect to continue through 2011,” said Ben Tuff, Luxury Retreats’ Director of Marketing, who noted that the months of November and December, 2010, were some of the best on record for the company.

Contributing to growth in 2011 will undoubtedly be the villa renter’s obsession with the south, they say – the Bahamas, Florida, and Costa Rica, especially, have been on radar for a while, but haven’t seen such an explosion in visits as is likely in the next twelve months. A ten-bedroom rainforest estate in Manuel Antonio, Costa Rica, starting at USD $1,750 per night, and a colourful three-bedroom villa right on the beach on Eleuthera Island, Bahamas, are expected to rent very well.

More traditional villa rental destinations such as Florida will break onto the scene in new ways in 2011, as more and more homeowners choose to open their doors for rentals, perhaps as the villa industry becomes better understood.

“Renting a villa is no longer something mysterious, and we love that it means access to a better selection of properties for our guests in 2011,” said Tuff.

Luxury Retreats is the world’s largest specialist in luxury villa rentals, offering almost 2,000 elite properties in over 70 worldwide destinations. Founded in 1999, the company has grown into a respected leader in the industry, with over 100 employees in its Montreal headquarters and satellite offices in Hawaii, the Caribbean and Argentina.

Comments (3)

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  1. Aurora says:

    I have rented luxury villas in Fl twice without any issues, I do know of people who were not as lucky though. Villas advertised as luxury standards did not live up to expectations, although we all enjoy a bit of mystery I think when renting a villa it’s best to know exactly what you are paying for.

  2. With the surge in demand for luxury travel and accomodation options, those interested in purchasing a luxury property in a dream location now have an additional bonus, which is the option of making profit on the property by renting it out. Luxury Homes by VAPF offers luxury homes in Spain with the option of renting out the dream villas to clients looking for a high standard vacation at the UK’s most popular destination, the Costa Blanca.

  3. emily M says:

    Planning a group family trip to florida in the next couple of years, a villa seems the way to go, i think it can make luxury affordable when there’s a group of you.

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