The 2009 1st Half London Holiday Rental Market Report
The 1st half 2009 London Holiday Rental Market Report continues New York Habitat's series of London Market Reports.. Data is provided about the London holiday rental market for the 1st halves of 2007, 2008 and 2009. Furthermore, the company offers its outlook for the 2nd half of 2009 and 2010.
London,UK (PRWeb UK/PRWEB ) November 6, 2009 -- New York Habitat has just released the 1st half 2009 London Vacation Rental (Holiday Rental) Market Report. New York Habitat used information that it had collected from apartment owners, people searching for accommodations and other interested in the London vacation rental market to create and provide a comprehensive picture of the London holiday rental market.
London Vacation Rental Market Report 1st half 2009
With the world economy in turmoil in the 1st half of 2009 many predicted that travel spending would be down, but New York Habitat's London division saw continued growth in the number of apartment requests, the number of flat bookings and to some extent flat prices. Some of the main reasons for New York Habitat's success even in the weak economy include:
| | - An increased marketing campaign
- A declining British Pound making London less expensive
- A team of real estate agents who worked tirelessly to promote the London product
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New York Habitat expects to see continued growth in the London market as flat rentals remain a popular choice for holiday travelers compared with hotel accommodations. New York Habitat will work to maintain this growth by continuing to focus on marketing the holiday rental service as well as increasing the number of accommodations available to customers traveling to London.
Within the report there is a mixture of text, graphs and tables to summarize the past, present and future market conditions in London. Some of the main information found in the report includes:
| | - Average, median and mode apartment prices
- Percentage of apartments rented by type (studio, 1-bedroom, 2-bedroom, etc.)
- Pricing by apartment type
- Popularity of neighborhoods based on completed rentals
- And more
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"The London Holiday Rental Market Report has enabled New York Habitat to provide a detailed look at the London Market" says market report creator Brian Lowenberg. He goes on to say "With the constantly changing macro and micro economic factors influencing the market it is important for flat owners and renters to stay on top of the ever evolving landscape in London. This report is the perfect means to do just that."
To share this and past London Vacation Rental Market Reports, New York Habitat has created a London Furnished Apartment Market Reports webpage. The page continues to grow and includes the 2008 and 1st half 2009 London Vacation Rental reports. The next London Vacation Rental Market Report will be released in the winter of 2010 and will look at the 2nd half of 2009 plus 2009 as a whole.
Established in 1989, New York Habitat is a fully licensed residential real estate agency, specializing in furnished apartment rentals in London, New York, Paris, and the South of France. The company's London operation has been in business since 2002 and includes a team of multilingual agents working around the world. New York Habitat has an inventory of over 1,000 apartments and flats in the London area.
We invite you to contact New York Habitat for more information about this London market report and for any other services you may require (listing your apartment, corporate housing, student housing, and/or renting in any of our destinations). For the latest London market news and to learn more about New York Habitat-related topics, please visit New York Habitat's blog.
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See the original story at: http://uk.prweb.com/releases/london-holiday-rental/market-report/prweb3120504.htm
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