Recreate The Holiday when you travel: How home swapping became the trendy alternative to Airbnb
Hindustan TimesAmy Froelich and her wife Marla have been Airbnb, Inc. hosts since 2015. Offering your home in exchange for a stay at someone else’s place is far from a new concept, but this oft-forgotten segment of the travel industry is booming amid high inflation. “We departed as lifelong friends.” Offering your home in exchange for a stay at someone else’s place is far from a new concept, but this oft-forgotten segment of the travel industry is booming amid high inflation, the normalization of remote work and skyrocketing hotel rates. “We’re growing, we’re hiring people and we've been profitable for five years now,” says Wade Shealy, who started ThirdHome in 2010 with a portfolio that consisted of a couple of friends’ homes. “I can't say if it's necessarily because of Airbnb getting pushed out,” says Justine Palefsky, who co-founded the company in order to facilitate a multicity lifestyle that didn’t require taking out multiple mortgages.