TripAdvisor launches new holiday lettings index

Tuesday 26th June 2012

A new holiday lettings index has been launched by review website TripAdvisor.

Holiday Lettings picks out investment hotspots, using data on over 60,000 properties in 120 countries. The index also analyses global self-catering property trends, demand, occupancy and pricing.

The Index has identified Oman as a destination ripe for holiday property investment, describing it as the new Dubai. It says that Oman holiday lets are attracting an average of 19 inquiries per property, far outstripping accommodation supply.

Kate Stinchcombe-Gillies of holidaylettings.co.uk said: “With a current occupancy level of 15-20 weeks a year, Oman has a potential for growth to match its popular neighbour Dubai, which regularly achieves 32-40 weeks.

“The Eurozone crisis is prompting property investors to look beyond Europe and this might just be one of the best places to invest right now.”

Closer to home, Holiday Lettings says that the UK remains popular for investors in holiday homes. It picks out ‘under the radar’ places which get a lot of interest from holidaymakers as being Storrs (in the Lake District), Waterhouses (Peak District), Corfe Castle (Dorset) and Skegness (Lincolnshire).
 
holidaylettings.co.uk