1. 1st Half 2011 Vacation Rental Market Report Intro
In the 1st half of 2011 London continued to see increasing demand for accommodations as the world's economy improved and the British Pound remained at relatively low levels versus the Euro, Yen and Swiss Franc to name a few. With the weaker British Pound and higher demand, prices increased in the 1st half of 2011 which was a factor resulting in fewer completed bookings. This report will cover various factors affecting the London Vacation Rental Market in the 1st half of 2011.
In this report New York Habitat will share with you information about apartment rentals that were booked in London in the 1st half of 2011. The report specifically deals with the company's vacation rental division (click here to search London Vacation Rental Apartments), which rents apartments from 1 to 30 days. New York Habitat has nearly ten years experience in the London Vacation Rental market and offers one of the most diverse inventories of properties in the city. This report details the completed bookings of the London Vacation Rental Department of New York Habitat in the 1st half of 2011 and offers comparative data from vacation rentals in the 1st halves of 2009 and 2010.
The report includes charts, graphs and dialogue about the state of the London vacation rental market. Some of the features of the report include information and figures about:
- Type of Rentals
- Length of Stays
2011 showed how the London vacation rental market has lots of room for fluctuations. From 2008 to 2011 we have seen significant swings in pricing, demand and number of completed bookings as the market looks for equilibrium. One factor we have noticed is that the market for vacation rentals is quite sensitive to pricing fluctuations.