When you think about going on vacation, it’s almost instinctual to start looking up hotel rates or checking out homes off of a vacation agency. But things are working very differently these days—in a way that’s revolutionizing how and where people stay on their various travels. It all centers on peer-to-peer renting, which is based on a sharing economy/collaborative consumption. What’s that mean? It’s the same principle used behind Uber.
Homeowners can go out of town and temporarily rent out their homes for several days, weeks or months. It’s a way for them to make easy supplementary income. For renters, it means being able to potentially stay in better locations and pay much less than at a hotel or agency. It’s quickly catching on; the peer-to-peer rental market is currently valued at an upwards of $26 billion.
The top five peer-to-peer travel marketplaces worth checking out include: Airbnb, HomeAway, FlipKey, OneFineStay, and Rent Like a Champion. Each of these cater to a variety of rental needs—for instance, Rent Like a Champion caters to people looking for places that are nearby to sport stadium for game weekends. Others, like Airbnb (the world’s third most valuable privately held startup), have millions of listings throughout the world. They have a huge network of active users—making travel much easier and affordable than ever.
Wherever and whenever you go on vacation, rest assured that ADT home monitoring helps protect your home 24 hours a day; seven days a week. Life is better when you don’t have to sweat the small things.