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This evening is the opening of the 60th International Cannes Film Festival. It is without saying that finding accommodation to attend the famous festival can quickly become a nightmare for different reasons.

Besides the ones booking hotels, many of the participants decide to book apartments in the centre of Cannes (named “the Banana”) or villas located up on the beautiful hills of Cannes, where the best parties are organized.

The rental industry in Cannes is really specific, the Film Festival being the most important event of the year welcoming over 120 000 participants on a 12 days period. But there are drawbacks to this success:

-Ridiculous rental amount asked by property owners that is often completely out of the market price.
-The budget of participants (companies or individuals) that is limited, if not decreasing. (Euro value too strong)
-More and more attendees want to stay shorter than the official festival period (sometimes less than a week!).
-Too many companies are waiting until the last minute before booking anything.

As a result, and it is hard to imagine, many apartments and villas within Cannes stay empty and owners are complaining about this situation. Therefore both the owners and rental agencies are loosing from this negative outcome.

It is time for owners to realise that they are not the ones to dictate the market rules, clients are!

PS: For the ones that are looking for last minute rentals I have some good addresses to recommend. Do not hesitate to contact me.