Worldwide: Home exchange platform Holiday Swap has been named as the recipient of this year’s ‘Best Home Sharing Platform’ by LuxLife Magazine, marketing its impact in today’s sharing economy.
The platform allows its users to match and exchange their home anywhere in the world as it aims to offer travellers “endless travel opportunities”, as well as the ability to save money on accommodation that they can put towards thrill-seeking adventures, without having to compromise on value or security. At last count, Holiday Swap had over 400,000 users in its database and it is now available in more than 186 countries worldwide.
Founded in 2018, the company was the brainchild of CEO and founder, James Asquith, who holds the Guinness World Record for being the youngest male to have travelled to the 196 countries in the world by the tender age of 24 years and 192 days old.
Commenting on the award, Asquith said: “This is a very exciting time for Holiday Swap as we continue to make travel cheaper for everyone.
“The platform, where users match and connect to swap with people anywhere around the world for just $1 a night, is revolutionising the travel industry. It’s a huge honour to win this award and it’s for all of us in this community,” he added.
In an earlier interview with Business Insider in 2018, Asquith likened the app to a ‘travel Tinder’, as users can start chatting with each other and arrange a home swap once both parties have swiped and matched, much like the popular dating app.
As Holiday Swap grows its reputation as one of the fastest-growing home-sharing platforms in the world, Asquith believes the trend of home exchanges is already taking off and disrupting the travel industry as we know it.
He said: “This is another step to make Holiday Swap into a true all-in-one community travel platform. The concept allows us to save money on accommodation when we travel, and users are not only able to swap their spaces but also host their places and make future connections with people all over the world, that is why people love our platform, as it allows them to save on accommodation and spend on experiences.”
Other features within the app are:
- Users can filter potential holiday properties by location, as well as the amount of bedrooms and the atmosphere they are seeking when on holiday
- It is then possible to add “pins” to a map, in order to showcase your potential holiday swaps from all over the world
- All users are protected by home insurance in the event of a booking cancellation or damage to their homes
- The app protects deposits by placing them in a third party account before returning them to users after swaps take place
- All homes on offer are individually vetted by a team, and those which fail to meet the necessary requirements will be suspended from the platform
Asquith said that he hopes Holiday Swap will continue to grow as a community for all travellers to get out and see more of the world, by using their homes to swap and save money. His ultimate goal is to encourage users to make social connections worldwide and to inspire others to explore new destinations and leap outside their comfort zones.
As Airbnb and other OTAs such as Booking.com and Expedia feel the full effects of the economic downturn precipitated by Covid-19, Holiday Swap is experiencing a boom in new subscribers. This will fuel confidence that home-sharing / home exchange will be the face of travel for 2021 as a key trend moving forward.
After visiting every country in the world, he said: ‘I was regularly asked for tips on how to make travel cheaper, and I wanted to help create a tool where we can use the bed we sleep in to be that same function anywhere in the world, with your own home comforts. We protect our users in our growing community and ensure that today’s sharing economy means we can do more with our time and money.’
Holiday Swap is free to download on the App Store and PlayStore, and visit its website here for more information.