A New Era of Flexible Rentals to Boost Off-Season Tourism Starts
We're thrilled to announce the acquisition of Trawerk, a Croatian mid-long property rental platform. This strategic move significantly expands our presence in Croatia, a country we believe has immense potential as a year-round destination for digital nomads, remote workers, and students.
See who's already talking about the Trawerk acquisition:
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With the addition of Trawerk's 860 hosts and 1,063 listings, Flatio now boasts a total of 1,453 listings in Croatia. This acquisition of Trawerk (startup valued at 4.58 million Euro), underscores our commitment to the Croatian market and our confidence in its future.
Ivan Petričević, co-founder of Trawerk, will remain with the company as Flatio's Regional Host Director for Croatia. His expertise and knowledge of the local market will be invaluable as we continue to grow our operations in the country.
Benefits for Croatian hosts
Traditionally, Croatia's tourism industry has been heavily reliant on seasonal visitors. This has often left local hosts with limited income opportunities outside of the peak summer months. Flatio's flexible rental platform offers a solution to this challenge by connecting hosts with year-round guests, including digital nomads, remote workers, and students.
Our platform also provides hosts with a secure, deposit-free way to rent out their properties. This eliminates the financial risk often associated with traditional rental agreements.
Read more about our StayProtection for hosts.
"Flatio's expert team is fully prepared to offer Croatian hosts access to new markets as well as a more sustainable income model," said Radim Rezek, CEO and Co-founder of Flatio.
"Our high Net Promoter Score (NPS) of 76 shows that Croatian hosts already highly value our commitment to excellence."
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Croatia: A rising star for digital nomads
Southern Europe is becoming increasingly popular among digital nomads seeking affordability, Mediterranean lifestyles, and flexible work arrangements. Croatia, with its stunning coastline, rich history, and vibrant culture, is emerging as a top destination in the region.
Flatio's expansion into Croatia allows us to better serve this growing demographic. We believe that our platform can play a key role in positioning Croatia as a first-choice destination for digital nomads from around the world.
Supporting Flatio’s vision for housing in Croatia, President of Digital Nomad Association Croatia Jan de Jong said: “One thing that all digital nomads have in common is their need for suitable accommodation. For that reason I am thrilled to see Flatio enter the Croatian market. With their experience I believe they can help Croatian property owners to improve their offering towards digital nomads, while better serving digital nomads who wish to spend more time in the most beautiful country in Europe.”
Tip: Do not miss our 2023 Digital Nomad Report
Croatia is a market where key investors, like Fil Rouge Capital, who owns a minor equity in Trawerk, believe in the long-term potential of flexible rentals. Besides investment and support of Fil Rouge Capital, Trawerk also secured free services from Infobip, Croatia’s first unicorn, back in 2021, when Traweks’s online platform launched.
Looking ahead
We're excited about the future of Flatio in Croatia. We believe that our housing platform can help transform the country's rental market and make it a more attractive destination for both hosts and tenants.
If you're a host in Croatia, we encourage you to list your property on Flatio today reach out via [email protected] for any queries or assistance.
If you're a digital nomad, remote worker, or student looking for accommodation in Croatia, be sure to check out our wide selection of listings.
