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
German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.
Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.
Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.
Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.
Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.
Civil Protection Minister Details Summer Firefighting Plans at Delphi Forum
At the 10th Delphi Economic Forum, Minister of Climate Crisis and Civil Protection Yiannis Kefalogiannis discussed Greece's plans for the upcoming fire season.
How Shops and Markets Will Operate During Easter Holy Week
The Easter holiday schedule has been in effect since April 10, with retail stores open Palm Sunday, and most supermarkets also operating to meet consumer demand for Easter shopping
Why Is the French Aircraft Carrier Charles De Gaulle in Piraeus?
Docking in Piraeus after a four-month deployment in the Indo-Pacific region, the admiral of the aircraft carrier the Charles de Gaulle says, "Greece is our best partner in the Mediterranean."
