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PRESS ROOM
February 2008
FlatsInTheWorld opens business in
Andorra
Flats in the World announces
operations for developing its business
model in Andorra. The company is
preparing a new strategic plan for
development in Andorra with a leading
local company, and begins operations in
Andorra with the addition of several
apartments to its portfolio.
The small country is very well known for
being a touristic destination in the
Pyrenees, both as a key Ski resort as
well as a main point for outdoor
activities.
Last year, almost 8 million tourists
visited Andorra, according to official
data. With this positive outlook,
Flats in the
World plans to establish
itself as a major player in the country,
keeping its philosophy of steady
expansion into key markets. This unit
development is the latest in the rapidly
expanding portfolio of short-term
rentals properties offered by
Flats in the
World, taking the total
number of units to 350 since the
division’s launch in September 2004.
Flats in the World specializes in
ready-made, short-term living solutions
in the most attractive tourist
destinations. Whether you need a place
to stay while on holiday, while doing
business, or while looking for temporary
accommodation,
Flats in the
World Short-term rentals
offers the perfect solution. Likewise,
it offers a full management service for
landlords looking to maximize income
levels from their properties. Offering a
full package of services that can be
tailored to meet the individual
requirements of both guests and
landlords, the Short-term rentals team
of consultants has solid experience in
hotel and property management, making
them the best people to talk to when it
comes to short-term living requirements..
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March 2007
FlatsInTheWorld announces operations in
Madrid
Flats in the World
proudly announces operations for
expanding its business model in Madrid,
Spain. The new strategic plan for
development in Madrid will be
accomplished through agreements with a
leading local company, as well as
through direct acquisitions.
Madrid has become one of
the most expensive places in the world
to book a hotel room and we recognized a
gap for high quality living at a more
affordable price. The key to
Flats in the
World is that clients can
stay in comfort and benefit from all the
usual facilities such as swimming pool
and gym, without paying for services
they wouldn’t have consumed.
Madrid becoming an
increasingly demanded touristic
destination has been a key factor in
establishing operations. This is a
logical step forward for a company that
is establishing itself as a major player
in the short term rental market.
The apartments offer
guests a central location within close
proximity of Madrid’s Historic Center
and all of the major business districts.
Targeted to appeal to the business
community as well as to leisure
travelers and families owing to the fact
they provide such value for money
without compromising on standards of
quality and comfort
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February 2004
FlatsInTheWorld proudly announces
expansion in Rio de Janeiro
Flats in the World
announces immediate expansion of its
business model in Rio de Janeiro,
Brazil. This new plan for development in
Rio will be accomplished through
agreements with leading local companies,
as well as through direct acquisitions.
Furnished
apartments in Rio de Janeiro now offer a
new way to stay in a city, closer to its
inhabitants, in more pleasant
surroundings than traditional hotels.
Short term rentals still represent only
1% of housing in Brazil, but its share
is growing. This is the beginning of a
tourist revolution and
Flats in the
World plans to be a key
player in this revolution.
• 85% of short term rental properties
are apartments
• 28% have only one bedroom
• 77% have two bedrooms
• Enquiry rate for Rio de Janeiro
accommodation is 29% above average
These figures highlight how the holiday
home market in Rio de Janeiro is
targeting both vacation holidays as well
as business people looking for a flat
from which they can work, sleep and
entertain whilst staying there on
business.
Being one of the top
touristic destinations in the world, Rio
de Janeiro became an obvious choice to
expand business and quickly become one
of the top players in the Brazilian
market.
For further information:
info@flatsintheworld.com
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