Why rent out your property during the Fête des Lumières in Lyon?

In Lyon, the Fête des Lumières is an unmissable annual event. Taking place from Thursday, December 5th to Sunday, December 8th, it draws large crowds to the city and offers a golden opportunity for owners looking to rent out their property for short-term stays in the city of Lyon. Your Welkeys Airbnb concierge service explains why today.

‍

First and foremost, it is essential that you comply with the regulations of the city of Lyon. As in Bordeaux, Paris, and Nice, you are required to have a registration number, regardless of the nature and duration of the rental. To obtain one, you must register your primary residence as a furnished tourist accommodation online. Renting out your home will then be limited to 120 days per year. However, more extensive procedures are required for a secondary residence, as the city of Lyon aims to limit the professionalization of year-round rental activities by investors.

‍

Boost your bookings

After November, which sees only low foot traffic in the city, there is nothing like the Fête des Lumières to boost your rental income! Indeed, followed closely by April, May, and June, the months of July, August, September, October, and December are the ones that attract the most tourists to Lyon.

‍

For the past two years, the Fête des Lumières has recorded 1.8 million visitors, including 100,000 from abroad. Consequently, rental demand is surging during these four days of festivities. In total, 260,000 overnight stays were recorded in Lyon last year! By renting out your property during this major event, you are guaranteed to get a booking quickly. Since many hotels and other rentals fill up very early, you can find guests right up until the eve of the festival. Furthermore, many travelers prefer to turn to private accommodation rather than a professional establishment, as an Airbnb booking is often cheaper than a hotel room, especially for families or groups of friends.

‍

‍

Boost your income

An attractive event means an increase in the price per night. Yes, current events should always be a key factor in your pricing strategy! During the Fête des Lumières, rental prices can triple or even quadruple depending on the type of property (size, number of beds, etc.) or its location. By adapting to demand in this way, some owners manage to get significant help in paying off their monthly mortgage payments. This increase can also help you cover your property taxes or utility bills.

‍

Financially optimize your time away

Every year, many locals want to get away for the weekend to escape this massive tourist boom. But if you're going to flee the crowds, you might as well do it profitably! Renting out your home for a few days can allow you to financially optimize your time away. Then, return to your home whenever you wish. A flexible and customizable calendar is undoubtedly one of the biggest advantages of short-term rentals.

‍

Trust Welkeys

As you can see, the Fête des Lumières is an ideal opportunity for short-term rentals. However, renting repeatedly for a limited number of nights can be extremely time-consuming.

‍

To allow you to delegate the management of your property, we offer full-service support. From creating the listing to welcoming and assisting guests, as well as managing the booking process, your Welkeys concierge service takes care of everything. We also work with service providers to offer tenants hotel-quality cleaning and linen services.

‍