Industry insights
How to list your property with Travelnest for the Paris Olympics 2024
29 Jan 2024
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By Pamela Sousa
The 2024 Paris Olympics, taking place from July 26 to August 11, represent an exciting opportunity for property owners to advertise their properties on multiple websites and secure bookings well in advance. According to Airbnb, there was a significant surge in demand for accommodations during the initial ticket sales phases for the games. In this blog post, we'll provide useful tips for listing your property with Travelnest for the Paris Olympics.
European and American travellers booking in advance
As the excitement grows for the Paris Olympics 2024, people from all over the world are securing their accommodations in advance. According to Airbnb, many of these early birds are considering multiple destinations across France, not just Paris. Along with the capital city, other popular choices are Marseille, Bouches-du-Rhône, Boulogne-Billancourt, Hauts-de-Seine, Clichy, Saint-Denis, Saint-Ouen-sur-Seine, Montreuil, Versailles, Pantin, and Lille. Interestingly, more than 60% of these early bookings are from neighbouring European countries, and over 20% are from the US. French locals are also participating in this trend, accounting for 15% of early bookings. The top five countries of origin for these guests include the United States, Germany, the United Kingdom, France, and the Netherlands.
How long are visitors planning to stay?
On average, visitors are expected to stay for six days during the Paris Olympics 2024. However, guests from outside of Europe tend to stay for an average of eight days. This information shows that the event is popular internationally and that visitors are interested in exploring various locations in France during their visit.
How to get your rental property listings started for the 2024 Paris Olympics
To set up your property listing, all you need to do is provide basic details about your property. This includes information such as the type of rental, the number of guests it can host, the style of property (whether it's a house, apartment, villa, cabin, cottage, and so on), and its location. After creating a free account with Travelnest, you can input these details. Once this step is completed, you'll then have the opportunity to enhance your listing by uploading high-quality photos, crafting an engaging description, and choosing which of the top booking sites you'd like your property to be listed on.
But that's not all. If your property is already listed elsewhere, you can sync your calendars with Travelnest. This feature helps prevent double bookings, ensuring a smooth and efficient rental process.
Source: Travelnest sign up process
Choosing the right amenities for your guests
When creating a listing with Travelnest for the Paris Olympics 2024, it's crucial to consider the amenities that guests are seeking. According to recent data from Airbnb, guests staying in the Paris region during the 2024 Games most frequently search for amenities such as Wi-Fi, a kitchen space, and washing machine.
While setting up your account, you'll easily locate the amenities section where you can select these and other options. Available amenities include a hob, air conditioning, a kettle, linen and towels, among others. By offering these sought-after amenities, you can enhance your listing's appeal and attract more bookings.
Source: Travelnest property portal amenities section
Make your property a must-stay for the 2024 Paris Olympics
After creating an account with us, you will be prompted to upload a minimum of 10 high-quality, landscape photos of your property. This will help to enhance its appeal to potential guests for the Paris Olympics in 2024.
Our platform will also provide you with feedback on the quality of your photos, their orientation, and the appeal of your listing's cover photo. Choosing a cover photo is of great importance as it significantly influences potential guests. This main image should not only inspire but also build an emotional connection since it's the first impression of your property.
Our research indicates that 79% of people are more likely to book properties with attractive exterior shots as the main image. If your property has an impressive exterior, feature it as the primary image on your listing. However, if your exterior doesn't stand out, don't worry. Any photo that induces a feel-good factor can attract attention. For instance, scenic views from the bedroom or aesthetically pleasing living areas can make excellent hero shots, as demonstrated in the example below.
Make sure your pricing is competitive to avoid mispricing
If you're planning to rent out your property during the Olympics, you can begin by researching the average rates for similar properties in your area. You should also consider the length of stay, as guests typically stay for six to eight days. However, you can simplify this process by using Travelnest's Smart Pricing feature. This tool uses real-time market data and your property's specific information to help you set an optimal price. By activating Smart Pricing in your account, you can avoid the hassle of mispricing and ensure that your property is competitively priced.
Ensure you have a local license to rent your property in France
If you're planning on renting out your property in France during the 2024 Olympics, it's important to follow the necessary procedures to obtain a local license. First, you'll need to register with your local town city hall (Mairie) as outlined in the regulations for vacation rentals in France. In some areas where housing is limited, a license may be required. Once you've registered, you'll need to submit a prior declaration to the town hall. This step is crucial to ensure that you're complying with the French government's regulations.
Keep in mind that if you don't have this license, popular booking sites like Airbnb may not list your property. Make sure you have all the necessary documents, such as proof of address, which could be an electricity or wifi contract bill or a housing tax notice. Renting out your property during the Paris 2024 Olympic Games can be a great way to earn extra income, but it's important to follow all the legal requirements.
We hope you find all these tips useful in listing your property with Travelnest for the Paris 2024 Olympic Games. If you have any questions or need help setting up your free account, please reach out to our customer support team. They will be happy to assist you, ensuring your listings are ready in advance to start receiving bookings.