SPOTLIGHT || Home away from home: The rise of the short-let rental and Airbnb industry in Nigeria.

RISING DEMAND IN THE SHORT-LET SPACE HAS BEEN MATCHED BY AN INCREASE IN SUPPLY IN THE MARKET. THE HIGH DEMAND IN THIS INDUSTRY BORDERS ON COMFORT, AESTHETICS AND OFFERING OF LUXURY FACILITIES.  THE VERSATILITY OF THE SHORT RENTALS, GIVES THE CUSTOMERS MORE OPTIONS. 
THE GLOBAL SHORT-LET RENTAL MARKET SIZE WAS VALUED AT $99.38 BILLION AS OF 2021, WHICH IS EXPECTED TO GROW AT A COMPOUND YEARLY GROWTH RATE (CAGR) OF 11.1 PER CENT TILL 2030. WITH THIS EVER GROWING COMPETITIVE MARKET, OBO-IMOKE JOHN, BECAME A KEY PLAYER IN THE INDUSTRY AND WENT ON TO ESTABLISH "LE BOKEHN REALTIES, A FULL-SERVICE REAL ESTATE AND PROPERTY MANAGEMENT COMPANY.
ON SPOTLIGHT NIGERIA, WE NAVIGATE THIS INDUSTRY WITH IMOKE

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