The Collectionnist has secured €40.5 million in Series C financing led by Highland Europe to expand its luxury property rental platform into the UK market.
Target Information
The Collectionnist is a luxury serviced property rental platform founded in late 2012 by Max Aniort, Olivier Cahané, and Elliot Cohen. Officially operational in its current form since April 2014, the platform offers high-net-worth clients the opportunity to rent exclusive properties such as seaside villas and mountain chalets. With a current portfolio that includes 1,800 properties spanning 30 countries, including France, Spain, Switzerland, the Caribbean, Morocco, South Africa, and Costa Rica, The Collectionnist has significantly increased its market demand and presence since its inception. The company claims to have seen a fourfold increase in demand since 2020, leading to a 3.5-fold growth in occupied properties and a 5.5-fold increase in sales, with expectations to expand its workforce by more than 120 employees by 2023.
Industry Overview in the United Kingdom
The luxury property rental market in the United Kingdom has experienced notable growth, driven by an increase in demand for prestigious accommodations among affluent travelers. The UK has positioned itself as a top destination for luxury tourism, attracting visitors from around the world, particularly from North America and the Middle East. This trend has been further accentuated by the rise of digital travel platforms, which facilitate property rentals and enhance the overall guest experience.
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As luxury travelers continue to seek unique and personalized experiences, the demand for high-end rental properties has surged. These consumers are not only looking for opulence in their accommodations but also expect comprehensive services
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Transaction Size: $41M