Zeus Living Expands in South Florida to Meet Increased Demand for Flexible Extended Stays
Company puts new rental homes under management that route searches to Florida increase
MIAMI, May 19, 2022 /PRNewswire/ — Living Zeusa leading property management and hospitality platform, today announced its expansion into South Florida with the addition of 20 properties to its portfolio and six more expected to go live on the company’s website by mid-June, for a total of 26. The decision to expand into the area was fueled by the growing number of people who have the ability to live and work from anywhere, and the steady demand for rental homes and apartment-style units in the state. Compared to last year, Living Zeus saw a 130% increase in searches for Florida hosting on the company’s website. Properties newly managed by Living Zeus range from studios to five bedrooms and are located in the communities of Coral Gables, Doral, Fort Lauderdale, miamiand West palm beach.
Living Zeus manages properties that can be rented for 30 days or more in more than 100 destinations in the United States. The tech-driven company aims to ease pain points for homeowners by designing, listing, marketing, booking and caring for their homes. While generating revenue for owners, Living Zeus provides 24/7 support to residents throughout their rental experience. Florida is the last state to be added to Zeus Living portfolio and is among the company’s best performing markets in terms of bookings.
“I am delighted to expand our presence in Florida at a time when individuals and families are considering living and working in sunny seaside destinations,” said Kulveer TaggarCEO and co-founder of Living Zeus. “With the standardization of remote working, we’ve seen people increasingly embrace what we call ‘FlexLiving’ – and the summer season opens up greater opportunities to bring the whole family. As travel and life continue to merge and pandemic restrictions lift, we look forward to reaching more homeowners and providing more options for our residents, wherever they want to go.”
In a new survey of more than 1,700 Americans who work remotely at least some of the time, Living Zeus found that 67% would consider living and working in a new city in 2022, indicating increased demand for flexible rentals on the horizon. While maintaining an occupancy north of 85%, Living Zeus recently saw an increase in overall search volume on its website, up 38% year-to-date.
About Living Zeus
Living Zeus designs and manages modern homes that can be rented for 30 days or more in more than 100 destinations in the United States. With its industry-leading technology platform and the expertise of dedicated hospitality professionals across the country, Living Zeus strives to help people live well, and on their own terms. Living Zeus generates revenue for owners while taking care of their properties and provides unparalleled support for residents, ensuring memorable experiences wherever they choose to stay. Organizations trust Living Zeus to serve as an end-to-end business travel partner, with flexible options based on personalized needs. Nowadays, Living Zeus raised more than $150 million in capital from leading investors and welcomed more than 40,000 residents for 1.6 million overnight stays. For more information, visit www.zeusliving.com or follow @zeusliving on Twitter.
Director of Public Relations, Living Zeus
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