Vacationers in the United Kingdom who hate the idea of trying to secure a spot in a busy campsite are being encouraged to pitch a tent in a stranger’s garden.
A website allows people to advertise their lawns to campers for just $13 a night, with homeowners expected to cash in on events like Wimbledon and the Olympics.
Similarly, US-based business Airbnb works as a travel network by pairing travelers seeking a unique experience with locals willing to rent out their homes for a fee.
Airbnb is reportedly in the process of closing a $100 million funding round, led by venture capital firm Andreessen Horowitz, which could raise the company’s valuation to more than $1 billion.
Airbnb has also attracted the attention of US actor Ashton Kutcher, who has poured a “significant amount” into the company. Wimdu, which has just secured $90 million in funding, has also entered the traveller accommodation space.
This niche already have some significant players within it, but could you offer an alternative to appeal to travellers on a budget?
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.