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Palio-effect on short-term rentals in the Siena area

Posted: 8 August 2016

Sport, like music, relies increasingly on large events which are capable of attracting throngs of spectators. This is a situation that Siena knows well, at least a couple times a year during the Palio periods.

As well as the temperature, during the race the number of tourists expected under the Mangia tower also grows.

Indeed, in the Tuscan city and inland area, from Chianti to Maremma up to the Etruscan coast, there are those staging with their own race – in terms of prices, offering apartments, villas and houses for short-term rent.

According to a survey carried out by local agencies and on the internet, during the Palio weeks apartment rentals in the area may increase up to 300% with respect to the annual average.