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Leisure Residences: the market is regulating

8 min reading time

Published on 08/05/10 - Updated on 17/03/22

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The real success of leisure residences, sustained by the need for space during long stays and by their fiscal statute, got on the nerves of hotel operators blaming them for unfair competition. Nowadays each segment seems to have found its marks to feed different needs of differenciated clienteles. The excess of fiscal advantages is still taking its toll on the industry, but the worst of the operators' bankruptcies is passed, hopefully.

A secondary residence that earns money: this dream became possible through the concept of tourism residences in the middle of the Thirty Glorious Years when scads of small owners leapt headlong into the leisure society. Many experimented with an attractive formula: the availability of an apartment...

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