Livinparis has secured €2 million in funding from M Capital Partners to expand its high-end short-term rental apartment portfolio in Paris.

Information on the Target

Livinparis is a prominent player in the high-end short-term rental market for furnished apartments in Paris. Established in 2011 by seasoned entrepreneur Sébastien Perez, the company was among the first to adopt the concept of short-term rental of fully-furnished apartments. Livinparis caters to both leisure and business travelers, offering spacious apartments featuring 2, 3, or 4 bedrooms. These luxury accommodations are expertly renovated, furnished, and decorated, located in some of the most sought-after neighborhoods in the capital, and designed to accommodate families or groups of 4 to 10 people.

In adherence to existing regulations surrounding short-term rentals, Livinparis only operates commercial spaces which they rent and transform into furnished apartments. These properties are then subleased through leading online booking platforms such as Booking and Airbnb. With a strong growth trajectory, Livinparis presents a genuine alternative to traditional accommodation options, benefitting from an increasing flow of tourists to Paris, the third most-visited city in the world, which will host the Rugby World Cup in 2023 and the Olympic and Paralympic Games in 2024.

Industry Overview in France

The short-term rental market in France, particularly in Paris, has seen remarkable growth over the last several years. The surge in tourism has created significant demand for alternative lodging sources, leading to a diversification of accommodation offerings. Key attractions, cultu