Blueground, a leading provider of furnished rentals catering to stays of 30 days or more across 32 cities and 17 countries, is poised for further global expansion.
With a substantial portfolio boasting 15,000 apartments, the company made significant strides in 2023, solidifying its presence in Latin America with operations in Mexico City and gearing up for a Japan launch next month. Additionally, Blueground is actively pursuing franchise agreements and joint ventures to enter new markets.
Reflecting on the company’s growth trajectory, co-founder and CEO Alexandros Chatzieleftheriou hails 2023 as a “year of milestones and growth.” In Athens, where Blueground operates amid robust demand, expansion plans target high-demand areas like Marousi, Kifisia, and Glyfada, with occupancy rates remaining strong. Despite global economic headwinds and environmental challenges, Chatzieleftheriou asserts that Blueground remains resilient.
Addressing regulatory concerns, Chatzieleftheriou notes that recent taxation changes have minimal impact on Blueground’s business model, primarily focused on medium to long-term stays exceeding 30 days. The company strategically avoids heavily touristic areas like Plaka, prioritizing sustainable growth.
In response to questions about competition, Chatzieleftheriou downplays threats from platforms like Airbnb, highlighting collaboration opportunities. He emphasizes that Blueground’s partnership with Airbnb facilitates global exposure and booking accessibility for its properties.
Looking ahead, Chatzieleftheriou reveals the company’s contemplation of a stock market listing with the New York Stock Exchange being potential venue.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Developing the Blue Carbon Economy in Greece
Can Greece make money by protecting its marine environment?
EIB Appoints Greece’s Ioannis Tsakiris as New VP
Ioannis Tsakiris started the new role May 1 after spending 15 years at the European Investment Fund (EIF) and serving as Greece’s Deputy Minister for Development and Investments
Two Greek Beaches in Top 50 in the World
Both Greek beaches were on the list of the best beaches in Europe too
Eurostat: Greece 20th out of 26 European States in Hourly Average Wage
According to figures released by Eurostat, the Benelux Grand Duchy of Luxembourg, one of Europe’s hubs for finance, is in first place
Greek Property Renovation Surge amid Economic Constraints
This has led to a notable escalation in renovation costs, with average prices per square meter exceeding previous norms and reaching even 1,000 euros in premium locations
RRF: Additional €5.1bln Funds for Subsidies to Greece in 2025
By April 22, funds totaling 5.75 billion euros had been transferred for approved projects of the Recovery Fund to entities within and outside the general government and final recipients
OECD: Greek Economy Resilient with 2% Growth Forecast for 2024
However, the OECD highlights challenges including the need to enhance productivity and fiscal adjustment due to high debt levels.
Challenges and Delays in Greece’s Hydrocarbon Exploration
Sources disclose that the petroleum companies holding the concessions are seeking partners to jointly invest and share the costs of exploration and drilling.
Greek Beach Visitors Can Report Violations on New ‘MyCoast’ App
Greek authorities hope the newly-launched, free ‘MyCoast’ app will help clamp down on public beach violations
BoG Figures Confirm Banner Year for Greek Tourism in 2023
20.6 billion euros in related revenues topped the previous year’s figure by 16.5%
![Τουρισμός: Η Αθήνα στις 10 ελκυστικές ευρωπαϊκές πόλεις για ξενοδοχειακές επενδύσεις – Πού υστερεί η Θεσσαλονίκη [πίνακας]](https://www.ot.gr/wp-content/uploads/2022/08/hotel-g0908c6995_1920-90x90.jpg)
