MONTREAL, Jan. 18 /CNW Telbec/ - The recession appears to be petering
off, for the luxury villa industry at least, and there has never been a
better time to head south, according to 2011 travel predictions made by
Luxury Retreats, a world leader in high-end vacation rentals.
Luxury Retreats (http://www.luxuryretreats.com) 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.
"Travelers demonstrated their confidence in the state of the economy
with larger-than-ever reservation sizes at the end of this year," Tuff
Contributing to growth in 2011 will undoubtedly be the villa renter's
obsession with the south - the Bahamas, Florida, and Costa Rica, especially, have been on radar for awhile, 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 colorful 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
"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.
SOURCE Caribbean Way - Luxury Retreats
For further information:
Director of Marketing, Luxury Retreats
1-514-393-8844 ext 223