The numbers speak for themselves. Year after year Spain continues to be one of the most visited countries in the world. In 2017 there were nearly 82 million overnight visitors. In our city, Barcelona, the tourism figures have grown astoundingly for years, with nearly 20 million overnight visits in 2017 in hotels alone. And maybe the most important statistics of all: demand for tourism apartments rose by 37% between 2016 and 2017, while demand for hotels and other accommodation only rose 7%.
Tourism is but one part of the picture; there is also a huge market of seasonal visitors seeking temporary but longer-stay accommodation. Students taking semesters abroad, businesspeople sent to Barcelona, or expats here on a few months’ stint are just a few examples. They have opened up another interesting market for month-to-month rentals, which don’t require a tourism license.
The long and short of it is that more and more people have begun to rent their empty apartments and earn income from this booming demand.
So how can you take advantage of this growth if you’re not interested in buying your own apartment in Barcelona? The answer is: invest in Lodging Management.
As the number of owners who rent a property has increased, so too have the number turning to professionals to relieve them of the time-consuming and costly tasks associated with a rental business. Our company, Lodging Management, has been in this sector for more than 15 years, providing end-to-end management solutions that maximize our clients’ revenues.
Having proven our business model in Barcelona, with 117% growth in our two principal markets in 2018, we’re embarking on an ambitious expansion plan into additional markets, and we’re currently running a micro-investment campaign on Crowdcube, a platform that has garnered serious accolades for introducing incredible companies anyone can invest in. If you believe in a business, and the business is successful, you are now part of its growth. In our case, it means you can get in on the Spanish holiday rental business without leaving your home, and with an investment of as little as £10.
Click to check out our pitch on Crowdcube, and join the adventure!
Investments of this nature carry risks to your capital. Please Invest Aware.
