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Home World Regional News Europe

Le Collectionist, Paris-based Airbnb for the one percent, raises €60M

Femi Thomas by Femi Thomas
12/28/2022
in Europe
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Le Collectionist France

Le Collectionist France

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Paris-based Le Collectionist, a luxury travel platform that offers luxury villa rentals in Europe, announced that it has secured €60M in growth funding led by Highland Europe.

Experiential luxury specialists OLMA, Famille C (the office of the Courtin and Clarins families), Swiss banks Pictet and Lombard Odier, also participated in the funding round.

The company says it will use the funds to accelerate the expansion of the business through selective acquisitions where demand for Le Collectionist’s curation and quality is high.

Le Collectionist intends to open more than 120 positions in 2023 to develop its central office in Paris and existing local offices in France, Barcelona, Ibiza, and Switzerland, as well as to open new local offices in London and NYC.

Founded in 2014 by Eliott Cohen-Skalli, Max Aniort, and Olivier Cahane, Le Collectionist offers luxurious homes to rent in 30+ summer and winter destinations globally, personalizing them with each destination’s best services and experiences.

The Paris-based company carefully selects the homeowners it partners with by signing exclusive agreements. 

The company claims that only 3 percent of homeowners who apply to its platform each year make this highly sought-after list.

Le Collectionist currently partners with owners of 1,800 properties across 30 destinations, including the French Riviera, the South-West of France, the Balearic Islands, several destinations in Portugal including Comporta and the Algarve, a large array of beautiful Italian regions such as Puglia and Tuscany, the French, Swiss and Austrian Alps, and also the Caribbean, Morocco, South Africa, and Costa Rica, and more.

Le Collectionist’s tailored concierge services are delivered through on-the-ground teams who create bespoke experiences and itineraries for guests.

The company says every service is handcrafted and curated through its partnerships with trusted guides, experience providers, restaurateurs, chefs, and other local artisans. 

As a result, it helps support local communities, skills, traditions, and craftsmanship.

Since 2020, the French company claims that its properties have risen four-fold and tripled the number of new destinations in that time, grown the number of active properties by 3.5x, and this growth has generated a 5.5x increase in revenue.

The company’s global expansion has been supported by key acquisitions, including Bramble Ski (ski chalet rental leader in Switzerland), Vallat group (rental activity of French Alps real estate), The Greek Villas, and the top property management company in Ibiza.

 

Read more on Tech Gist Africa:

France-based travel platform Evaneos raise €20M

Paris-based Fairmat raises €34M  in a Series A round of funding

Paris-based Castor raise $23.5 million

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