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More recently, she and her husband Brent wrapped a two-month trip to the US, vacationing in Arizona, Hawaii, and New York. Using home swaps for almost all their accommodation, spending just $7,000.
Organized home exchange originated in 1953 with the creation of Intervac International by a group of European teachers looking to travel internationally economically during their summer breaks. [8] That same year, teacher David Ostroff created a home exchange network called "Vacation Exchange Club" (now HomeLink) in New York City. [9]
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Now could be the time to take a leap of faith and try a home exchange or swap. The practice dates back more 50 years, but its popularity has grown rapidly since the start of the Great Recession.
ThirdHome positions itself as an exclusive home exchange club for luxury second-home owners. The club has more than 15,000 members across 100 countries. [6] In this club, members can exchange unused weeks at their vacation homes with other members.
They earn points by hosting other members and can use those to stay at different homes. To finalize a reciprocal exchange, members must activate their annual membership of US$220 (or €160 in Europe) per year [3] for unlimited exchanges. [4] As of December 2022, homeexchange.com has >100,000 members and over 450,000 homes in 133 countries. [5]
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