Executive Travel: Home Exchanging As Your New Vacation Approach Anybody?

Tourism

Tourism (Photo credit: earcos)

For the first time, a detailed profile is available of the expanding demographic of home exchange travelers. 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 traveler (with 62% stating a high level of education), home exchangers also represent a wide cross-section of the traveling 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.

Buy these recommended reads on Getting Cheap Airline Tickets and on travels in France from Lonely Planet!

Fair trade food (63%) and organic food (73%) are important to home exchangers, and 69% prepare their own meals while traveling, 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 characterize 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 personalized as possible and the desire to make the trip an authentic experience‚Ķ not only to know a new country with all its attractions, but also to immerse yourself in a new culture”

Source: Research by Assistant Professors Francesca Forno and Roberta Garibaldi, University of Bergamo

Follow the Magazine:

https://businessleadershipmanagement.wordpress.com/subscribe-follow-the-magazine/

(After you have filled in your email address, a confirmation email will sent to your email address. You will have to confirm it before subscription begins)

Follow us on Twitter:

https://twitter.com/BusinessLeaders

Like us on Facebook:

https://www.facebook.com/BusinessLeadershipManagement

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s