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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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