If you own a holiday home on the Costa Del Sol (pictured), the Algarve or Cornwall, you are set to do very well if you rent it out in 2014.
So says Holiday rentals website AlphaHolidayLettings.com, which has just published a list of top 10 holiday rental hotspots for 2014 based on trends, visitors and bookings received on their website in the past 12 months.
The list is topped by the capital of luxury travel, Dubai, and features seven European destinations. The complete top 10 rankings are:
3. Costa del Sol
Tom Lei from Alpha Holiday Lettings told Travel Daily News: "With the already far-reaching and expanding network of Dubai's Emirates airline, travelling to the city is becoming cheaper and more accessible." Despite the global financial crisis, Dubai has regained its position as a popular destination for property investors and holiday makers taking advantage of the wide range of self-catering Dubai apartments and villas available at unique locations such as The Palm Jumeirah and Dubai Marina.
Out of the seven European destinations on the list, Cyprus and Costa del Sol in Spain complete the top three positions. The extensive choice of holiday villas and apartments, combined with the popularity of well-established resorts such as Coral Bay in Cyprus and Marbella in Costa del Sol, ensure that these destinations will continue to do well in 2014.
Cornwall is the only UK destination to make the top 10.
Paris also features high on the list. As one of the most visited cities in the world, it has been named the "Best City To Visit In 2014" by the travel guide Lonely Planet. With Paris hotels generally on the expensive side, it can make more economic sense to book apartments.
Where to holiday in 2014: best destinations