A million-dollar stay: How Davos locals gouge the global elite

A million-dollar stay: How Davos locals gouge the global elite

Property owners are taking full advantage of a supply and demand mismatch to drive prices up to unimaginable levels Rental prices in Davos, Switzerland during the World Economic Forum (WEF) have become a spectacle of the absurd. However, for local landlords this is not something outrageous but merely business as usual — a prime opportunity…

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