TripVillas and HomeExchange have partnered to launch their home exchanging program in Asia. This will let house owners swap their homes for free and provide access to a kitchen, TVs and backyard when they’re hosting. The partnership will provide 50,000 Asian users with this service in the next 2 years.
Currently, TripVillas lists over 5,000 holiday homes in India which can be filtered by price, rating, features and amenities, while HomeExchange currently lists over a 1,000 homes for swapping in Asia including in Japan, China, Indonesia, Thailand, Singapore, South Korea, Hong Kong and Israel, UAE, etc. It is unclear as to how this partnership will work in India, we’re yet to hear back from TripVilla.
TripVillas offers 200,000 bed and breakfast (B&B) ‘holiday homes’ for renting and with the HomeExchange partnership, will provide its users with an option to opt in to the HomeExchange network for free stays across the world.
HomeExchange claims to have completed 1 million ‘successful’ exchanges in the last 24 years and has 65,000 users across 150 countries. Users typically swap their primary, secondary and rental houses, apartments, boats and guest rooms in B&B settlements. The company charges a yearly membership fee of $150 (for unlimited swaps) but the accommodations are free of cost. It claims that in 2015, 65,000 of its users made 130,000 home swaps in 150 countries.
In 2013, Tripvillas had inked a deal with HomeAway, to list its offerings on the latter. TripVillas was started in February 2010 to provide user owned properties as an option for rental families travelling in India. In 2014, it raised an undisclosed amount of funding from Blume Ventures in 2014.
Low cost accommodations and homestays in India
– Last month, MakeMyTrip launched an accommodation platform called Rightstay which provides alternative stay options similar to Airbnb.
– In February this year, Rakesh Rana, former head of hotel stays at Cleartrip, launched a budget accommodation company called Comfy Stays which would offer guest houses and aggregate service apartments.
– In November last year, MakeMyTrip launched Value+, a brand of budget hotel rooms, to offer rooms starting at Rs 1,000 per night.
– In October last year, Yatra launched 2 new types of accommodation options for travellers, TG Rooms and TG Stays bookable via Yatra and Travelguru either on their own or as a part of a holiday package.
– A month before that, Goibibo’s launched its GoStays platform.