News and Announcements
The Room Xchange: The New Way To Experience Travel
- Published November 15, 2016 3:30PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
10th November 2016, Travel Weekly By Kate Webster
Tourism is an integral part of australian life. Aussies love nothing more than to welcome overseas guests to their beloved land down under. In fact, 7.99 million visitors landed on our shores in the year ending august 2016, which was an 18.9 per cent increase on the previous year (abs overseas arrivals and departures, australia, august 2016.)
When it comes to the big spenders of overseas travel, surprisingly, the millennials trump the baby boomers and come top of the list. Interestingly, millennials tend to shy away from buying luxury goods, such as a car and a house, and are veering more towards a share economy in many aspects of their lives. (Goldman SCHS 2016).
For centuries, people have been happy to share their things with family, friends or even a neighbour in need to reduce costs. Not surprisingly, more and more are seeing the benefits of this living style in many aspects of their lives and choosing to adopt a share economy approach. The travel and tourism industry is seeing the benefits of this fast, expanding concept.
The Room Xchange is a perfect example of this. This innovative business is an online marketplace that connects busy people with a spare room in their house with guests who provide a couple of hours a day of help around the house each day in Xchange for food and accommodation.
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