
Love Home Swap
Swap your home with inspiring properties for FREE vacations in 100+ countries worldwide.
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
EUR | 2020 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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Love Home Swap operates as a subscription-based home exchange platform, facilitating a peer-to-peer travel experience. The business was founded in London in 2011 by serial entrepreneur Debbie Wosskow, who was inspired by the film 'The Holiday' and a personal need for more practical and affordable family travel options. Coming from an entrepreneurial family, Wosskow had previously co-founded and sold a public relations firm, Mantra PR, and established an investment and advisory firm, Maidthorn Partners. Her brother, Ben Wosskow, also joined the company as a co-founder and served as Chief Commercial Officer.
The company's business model is centered on annual membership fees, which grant users unlimited swaps. It offers several tiers of membership, providing different levels of service and benefits. Love Home Swap serves a clientele of homeowners, including families, empty-nesters, and vacation home owners, who wish to exchange their properties for travel. The platform's core service is enabling direct, simultaneous home swaps or a more flexible, non-simultaneous exchange through a points-based system. Members can earn 'Swap Points' by hosting others and then use these points to stay at other properties within the network, a feature that has significantly driven the company's growth. The platform has also introduced features like an instant booking option for points-based stays.
Over the years, Love Home Swap has seen significant growth and several key milestones. The company acquired competitor 1stHomeExchange in 2014 and Dutch rival HomeForExchange in 2015. In 2017, the company was acquired by RCI, a division of Wyndham Worldwide (now Travel + Leisure Co.), for approximately $53 million. Following the acquisition, Debbie Wosskow transitioned to an advisory role. In March 2023, HomeExchange acquired Love Home Swap, with the intention of integrating the two communities to provide a larger network for members. At the time of this acquisition, Love Home Swap had over 10,000 members in more than 100 countries, with primary markets in the UK, US, and Australia.
Keywords: home exchange, house swapping, subscription travel, peer-to-peer accommodation, sharing economy, travel club, vacation rentals, Debbie Wosskow, travel platform, home sharing, points-based travel, collaborative consumption, affordable travel, alternative accommodation, London startup, property exchange, global travel network, membership travel, authentic travel, travel community
Tech stack
Investments by Love Home Swap
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