$2.4 million for a rental: Rich tourists are already booking mega-mansions for the Olympics
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$2.4 million for a rental: Rich tourists are already booking mega-mansions for the Olympics
"Ten bedrooms. Twenty bathrooms. A private movie theater and infinity pool overlooking the city. A battalion of chefs, butlers and drivers catering to the smallest of whims. The Earth's elite - not just the athletes, but the royals, oligarchs and uber-wealthy families coming to watch them - won't be here for three summers. And the market for mega-mansion rentals is already getting competitive."
"The crown jewel of LuxJB's collection is a 39,000-square-foot behemoth complete with nine bedrooms, four kitchens, a gym, spa, movie theater, pickleball court, basketball court and a team of three maids. A client just rented it out from January to August 2028 for $300,000 per month. That's $2.4 million total. Pre-paid. It's an eye-popping price, but there's a bit of savings to be found since LuxJB covers utilities. They run about $25,000 per month once you factor in heating the pool."
Millions of tourists will arrive in Los Angeles for the 2028 Olympics. Ultra-wealthy visitors, including royals, oligarchs, sports federations and major brands, are securing mega-mansion rentals well in advance. LuxJB reports five to 10 high-end inquiries weekly and already owns 14 mansions around the city. Some properties are being booked for most of the year, not just for the two weeks of competition. One 39,000-square-foot estate with nine bedrooms and extensive amenities rented January–August 2028 for $300,000 per month, prepaid. LuxJB covers utilities that can run about $25,000 monthly. Smaller villas start at $1,900 per night.
Read at Los Angeles Times
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