It’s an intriguing portmanteau, but what does this new term—bleisure—actually mean? Defined simply, it is a blending of business-oriented trips with personal time. For instance, an account manager may be sent to Paris for a client meeting and decide to extend the trip over the weekend to shop the Champs-Élysées. By combining business with leisure, she is participating in the bleisure trend.
Kim Gordon is taking the Southern California housing market by storm. Her homes not only sell quickly, they also secure a price that is $1 million to $2 million above comparable properties in the area. She has sold four homes in the past three years—all of which have sold for $4 million to $6 million. Her most recent sale, a house in Venice, sold for $6.1 million, which is the highest price for a home in that location to date and $2 million above a similar property on the same street.