Since launch, Mandarin Oriental has seen increasing demand for private villa experiences from guests seeking to enjoy multi-generational stays, celebrate key milestones and enjoy longer stays with loved ones.
Mandarin Oriental- The Mandarin Oriental Exclusive Homes portfolio has seen 150% growth in its first 12 months of operation with plans to grow the portfolio to over 100 homes within the next 5 years.
- Mandarin Oriental Exclusive Homes seeks to expand its footprint of luxury leisure destinations in Europe, for both winter and summer breaks, as well as broadening the portfolio in Asia. The Group has also identified the United States and the Caribbean as key regions for future expansion.
- Increasing demand for tailored experiences with heavily personalised offerings.
Hong Kong, 22 May 2023 — Mandarin Oriental Hotel Group’s branded collection of the world’s finest vacation homes, chalets and mansions, has seen exceptional growth since its launch in Spring 2022. Operated in collaboration with luxury home rental platform StayOne, each Mandarin Oriental Exclusive Home is hand-picked for its outstanding quality and sought- after location, while also providing personalised service and experiences in keeping with the legendary hospitality of the award-winning brand.
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The Group’s new venture has achieved stellar growth since its debut season in 2022, with the portfolio growing over 150% in just 12 months. The expanding collection of over twenty properties now spans luxury leisure destinations across the UK, Europe, and Asia.
The Mandarin Oriental brand is historically known for its award-winning hotels but began venturing into the private home rental market via a strategic investment in StayOne back in 2020. Spurred on by the COVID-19 pandemic, this adjacent hospitality market has seen rapid growth and is forecast to continue with a CAGR of 19.84% between 2022 and 2028. Since investing, Mandarin Oriental and StayOne have selected an exclusively limited subset of properties for inclusion as part of the fully-serviced Mandarin Oriental Exclusive Homes collection.
Following the launch, Mandarin Oriental has seen increasing demand among its loyal fan base for private villa experiences from guests seeking to enjoy multi-generational stays, celebrate key milestones and enjoy longer stays with loved ones. The Group plans to discerningly expand the business to meet this demand, with an ambition to grow the portfolio to over 100 homes within the next 5 years.
The current collection of homes span across popular holiday destinations and range from charming English countryside escapes, to idyllic beach-front villas in the South of France and the Balearics, a spectacular ski chalet in Lech, exquisitely restored masserie in Puglia and an exotic Balinese estate. Mandarin Oriental Exclusive Homes seeks to expand its footprint of luxury leisure destinations in Europe, for both winter and summer breaks, as well as broadening the portfolio in Asia. The Group has also identified the United States and the Caribbean as key regions for future expansion.
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