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first in-depth study of the travellers behind the growing trend in home exchange

“My House is Yours” is the first in-depth study of the travellers behind the growing trend in home exchange, surveying HomeExchange.com’s 46,000 members worldwide.

For the first time, a detailed profile is available of the expanding demographic of home exchange travellers. The survey finds that the industry itself is making a deep impact on society. According to the researchers, “people are turning more and more to models of consumption that emphasize community over selfishness,” and home exchange “may help to make our societies work better towards a sustainable future.”

With 93% of respondents satisfied with their experience and 81% having swapped homes more than once, the future also looks bright for home exchange. No longer just looking for an inexpensive travel option, home exchangers possess a deep cultural curiosity (98% declare an interest in cultural heritage and 84% visit museums and nature parks).

While a savvy breed of traveller (with 62% stating a high level of education), home exchangers also represent a wide cross-section of the travelling public. For example, the typical home exchange participant travels as a family (49% of them with children) and comes from across five continents, with the USA, France, Spain, Canada and Italy being the top five countries of residency.

Fair trade food (63%) and organic food (73%) are important to home exchangers, and 69% prepare their own meals while travelling, taking advantage of their access to a fully equipped kitchen. When not on the road, they are active contributors to their communities, with 59% reporting that they participate in community services, wildlife preservation, youth services, cultural preservation or animal welfare.

Given the strong sense of trust found among respondents (75% agree that “most people are trustworthy”), collaborative consumption and home exchange should continue to grow in popularity. As stated in the survey:

“Swapping houses is one of the most significant boundaries of modern tourism, because it incorporates some of the dynamics that characterise the tourist of the new millennium: the increasingly felt desire to travel several times a year, even with limited budgets, the need to organize tailor-made trips as personalised as possible and the desire to make the trip an authentic experience… not only to know a new country with all its attractions, but also to immerse yourself in a new culture”

To see the full survey results, please click here to view in your browser.

ENDS

For further information, to arrange interviews, and for hi-res images:
Wendy Richmond RMG Press Relations / wendy@rmgandco.com / (M) +44 (0)7866 263242
Rosalind Milani RMG Press Relations / rosalind@rmgandco.com / (T) +44 (0)207 731 6155


Note to editors

To see the full survey results, please click here to view in your browser.

About the Researchers at the University of Bergamo
Francesca Forno, Assistant Professor of Sociology and Sociology of Consumption, is also Director of the CORES LAB (Research Group on Consumption, Networks and Practices of Sustainable Economies).
Roberta Garibaldi, Assistant Professor of Marketing and Tourism Marketing, is also a member of CeSTIT (Centro studi per il turismo e l'interpretazione del territorio).

The study was conducted from April to May 2013, surveying 46,000 HomeExchange.com members with an unprecedented answer rate of 16% (7,000 respondents).

About HomeExchange.com
Started in 1992 by Ed Kushins, HomeExchange.com has evolved into the largest and fastest growing online home exchange travel company in the world. This year their 46,000+ Members will make over 75,000 home swaps across 154 countries. HomeExchange.com makes it easy to plan and enjoy a home exchange vacation in almost any country, city or area of interest and offers travellers a memorable, authentic ‘live like a local’ experience. The site is available in 16 different languages. HomeExchangeGold.com, serving the luxury market, launched in 2012.
Membership for unlimited exchanges at no extra cost from only £5.95 a month.
Press Access to HomeExchange.com: press@homeexchange.com
Password: info

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