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Emerald Stay has developed an innovative approach to high-end furnished tourist accommodation based on a simple idea: to manage your assets like a new generation hotel with high end services. By entrusting us with your property, you free yourself from all the constraints to keep only the pleasure of your real estate investment: a net income and the possibility of staying in your chalet whenever you want.
Get a profitability simulation of your property in 2 minutes!
We have developed a simulator in order to help you quickly know the possible profitability of your property.
This estimate is based on the knowledge of our local experts as well as on the actual profitability of our properties under management.
Best leisure property management company in 2021, at the global industry event by The Shortyz
Sustainability in 2022, at the global industry event by The Shortyz
Superhost on Airbnb for all of our properties since our launch (average of 4.8/5.0 for hundreds of reviews)
A Net Promoter Score of 55 to date, one of the highest in our industry
Great Place to Work® in 2022 by the experts in workplace culture
B Corp® certified since 2022, recognizing our social and environmental work including 100% carbon compensation
Forbes
The Wall Street Journal
Le Figaro
We have deployed a new digital solution that optimizes the occupancy rate of your property as well as the price per night. We have associated it with an on-site presence to ensure preventive and curative maintenance so that your property permanently maintains its level of standing. We are present at every stage of the chalet rental, our customers and our owners have to deal with only one interlocutor: us!
Betting on a seasonal rental investment in Courchevel is a particularly profitable operation due to the cross-dynamism of the purchase and short-term rental markets in the French Alps.
Second most expensive resort in France behind, only behind Val d'Isere, Courchevel records an average price per m2, worthy of the most beautiful Parisian apartments.
Count € 12,255*/ m2 on average for the purchase of a chalet and € 9,863* / m2 for a luxury apartment located in one of the five villages of Courchevel.
A sign of unmistakable dynamism and attractiveness: prices in the Northern Alps climbed by 7% on average in 2020, against the 2.1% national average, which augurs bright prospects for capital gains.
* figures for November 2021 from the meilleuragents.com barometer on property prices in winter sports resorts.
If the real estate purchase market is particularly dynamic in Courchevel, it is above all because seasonal rentals are doing very well in the resort, which has a capacity of around 40,000 beds.
Thus, 90% of goods purchased, both new and old, are purchased with a view to being rented out, at least for part of the year. And everything lends itself to it: on the one hand, investors are encouraged by low mortgage rates and favorable taxation linked to furnished rentals. On the other hand, customers are more than ever attracted by the great outdoors and the possibilities of working remotely in a setting offering them high-end activities, summer and winter, and infrastructures that we are entitled to. expect from the host resort of the next World Ski Championships. The international reputation of Courchevel obviously doing the rest.
Even if all the indicators are green, a real estate transaction in Courchevel will only become a profitable investment if all aspects of the rental have been optimized. By offering an innovative seasonal rental management solution and in-depth expertise in VAT recovery, we are able to bring you the best possible profitability for your property.
The Emerald Stay team understands market dynamics and relevant technology to perfection, but they also have a sharp eye for property-related details. In the first quarter working with them, they spotted issues in my chalet that I had never even seen. They also generated more rent than in the previous 2 years.
My partner and I first heard of the Emerald Stay team from guests who were staying at one of the properties managed by them in Moriond. Given their phenomenal impressions, we decided to give Emerald Stay a go, as our previous engagement with a local agency was not working. We have not looked back. The Emerald Stay team is extremely detailed and careful in the treatment of our home, and in the guest experiences they manage. We feel truly taken care of, and part of something bigger.
Address:
Courchevel 1850
213 rue de la Croisette
73120 Courchevel
Send us an email
owners@emeraldstay.com
We manage a total of 15 properties in exclusivity at Courchevel (La Tania, le Praz, Courchevel village, Moriond or Courchevel 1850). We are also present in other resorts in Three Valleys, and will add new properties to our portfolio in the coming months.
Indeed. You can benefit from a 20% discount on the price of your property by working with us. Since the start, we have made VAT reclaim a priority, ensuring that we master it from every angle, and priding ourselves for being the most rigorous players in structuring VAT rebate operations in the French Alps. We take it very seriously to protect our owners and ensure their fiscal structure is bulletproof. Working with Emerald Stay means we will be checking all the boxes to ensure a seamless VAT reclaim. This includes providing hotel-like services (such as cleaning, breakfast and linen); issuing invoices and collecting those from suppliers; and importantly, correctly accounting for your own personal stays. We have had a 100% success rate so far and intend to keep it that way. You will be matched with a personal Emerald Stay assistant that will know your property inside out and will give you bespoke advice on all VAT rebate matters.
We have an Emerald Stay team in Courchevel that manages all property management activities, such as day-to-day operations, emergency and proactive maintenance, and security and quality audits.
In addition, our team of trained off-site experts are available 7 days a week to assist you with any property management inquiries, whether it's home maintenance, VAT recovery advice or recommendations about activities to do while in Courchevel.
Lastly, we offer you a range of hospitality services you can take advantage of while at Courchevel (also available to our customers): airport transfers, ski lessons, massage and wellness services, Michelin-star chef dinners, and more!
We distribute our properties on several online channels, including Airbnb, booking.com, Homeaway and Expedia, as well as on other niche luxury property platforms. Our offline channels include international travel agents and our own direct platform, which attracts an increasing number of guests.
No matter the channel, our advanced pricing and distribution strategy ensures that your property is rented at the highest possible price, attending to demand dynamics and market trends. Our team of engineers uses hospitality and tech best practices to boost the performance of your property and make its use optimal for your needs and desired occupancy.
Over the years, we have achieved a preferential status on most of the channels we operate in (Superhost on Airbnb, Preferred Partner on Booking.com, etc.). This means your property will appear on the first page of any search, just because it’s an Emerald Stay property.
We only accept properties that comply with premium quality standards. Different combinations of size, number of bedrooms, proximity to the ski slopes, location inside Courchevel resort (whether La Tania, le Praz, Courchevel village, Moriond or Courchevel 1850), and additional features such as jacuzzi, wellness area, or garden, can make up a premium apartment or chalet. We carefully choose exclusive properties whose owners share our fondness for luxury real estate and our mindset of excellence.
Request a rental simulation for your Courchevel property and one of our team members will be in touch with bespoke advice on your property.
In all of our years in operation, we have not experienced damages beyond normal wear and tear. However, you can rest assured: every one of our stays is protected by a multi-risk reconstruction policy that insures your luxury property against all potential damages.
In addition, we verify the identity of clients and take a deposit online, both of which are essential prerequisites for accessing your accommodation.
Rent is paid quarterly. Your rent is net of honoraries and taxes. You will not be charged on top or invoiced back any other costs; our commission covers everything.
You can track the income generated by your property in real time from the Emerald Stay owner's application.
We manage more than 100 properties and no owner has ever left us.
Our standards are very high and our team is best-in-class. Engineers, real estate professionals, finance specialists, and hospitality experts; our multi-faceted, multi-lingual squad is at your service.
In only 3 years, we have managed to be leaders in the French Alps region and received the Shortyz award for Best Leisure Property Manager. Most important, however, is the way we build relationships with our owners and their properties. When we sign a contract, we don’t simply establish a money exchange: we start a partnership - a partnership is mutual, and it is built on respect, trust and hard work. Our relationships with owners are our secret sauce; the reason we are successful in this business.
Absolutely. Your property is yours and so is your freedom to use it at will. You will be able to book your own stays with your personal Emerald Stay assistant, or through an application designed exclusively for your property. Through your owner app you will be able to monitor your earnings, reviews and booking calendar. We are continuously working to add more functionality and more features, so stay tuned.
If under a VAT rebate scheme, we will advise you on the required procedures for adequate accounting and declaration of your personal stays.
Us. If you work with Emerald Stay, you won’t be able to change the pricing of your chalet or apartment. Why? Because we employ a full team of engineers dedicated to finding the absolute best rates given the season, month and day of the week. We make use of a proprietary algorithm that takes into account more than 40 real estate parameters. We monitor and adapt market prices daily. And we follow trends in demand. This is the reason why our owners earn 30% more than with the competition.
Sharing the control of the pricing implies there is a high risk it will be suboptimal. This means that if you are not prepared to surrender this control, unfortunately we won’t be able to work together.
Our contracts are 3-year engagements, with an opt-out clause after the first 12 months.
Why 3 years?
We estimate that a property in Courchevel reaches its maximum rental potential after 18-24 months of being listed. Reviews, repeat business and visibility are the main reasons for this.
In addition, our contracts are built in the spirit of partnership. We believe our efforts to optimise the use of your chalet or apartment are adequately matched by a commitment to work together for at least three years. Given no owner has left us so far, we are confident in our ability to honor your expectations.
Absolutely! Adapting to demand means taking into account the major events that attract visitors to Courchevel, such as the International Fireworks Festival in mid-February or the Red Bull 400 race in July. The rental prices of our properties are fixed according to this parameter but also according to the school vacations calendar for France, the United Kingdom, the United States or Russia.
It depends on the period. When the demand is the highest, especially during school vacations, the minimum rental period of our properties is fixed at 7 nights and short stays are only proposed if the reservation calendar has some availability between two stays.
In mid and low seasons, we are attentive to all rental opportunities and open the reservation to short stays, from 2 to 4 nights minimum depending on the property. In this way, we constantly adjust to the demand and optimize the occupation and therefore the profitability of your property.
It involves several combined actions. We are very careful to maintain our reputation on the main distribution channels. Being distinguished as a Superhost or Preferred Partner reassures clients of the excellent service we provide and guarantees you the best possible visibility for your property.
The second essential element is to constantly adjust the price of our properties to the reality of the market in order to be always competitive in our category. To do so, we analyze in real time the prices charged by our competitors and consult the available data to anticipate the volume of requests over a given period.
Last but not least, we are constantly working on improving our website in order to gain visibility on search engines and to provide our customers with a complete first level of information so that they can book their stay with us with complete confidence. In parallel, we regularly launch targeted marketing campaigns based on our CRM to reach our target at the most opportune moments and offer membership programs and VIP treatment to build customer loyalty. Special care is also taken in the shooting of properties and relationships with local agencies, all of which help to explain how we are able to generate over 40% of direct bookings in a very competitive market today.
Absolutely! Our concierge service includes preventive and curative maintenance. You don't have to worry about a thing: our on-site team is there to reactively manage any type of request, such as a broken washing machine or non-functioning Wi-Fi.