A major contributor to this article appears to have a close connection with its subject.(July 2017) |
Type of site | Privately held company |
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Founded | 2010 in Brentwood, Tennessee, United States |
Headquarters | Brentwood, Tennessee |
Area served | Worldwide |
Founder(s) | Wade Shealy |
Key people | |
Products | |
Employees | 45 (2017) |
URL | www |
Part of a series on |
Homestays |
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Hospitality exchange services |
Hospitality for work |
Hospitality for money |
Home exchange and others |
ThirdHome is a global home exchange service, specializing in luxury properties, founded by Wade Shealy in 2010. [1] [2] With its headquarters in Brentwood, Tennessee, United States, the company operates internationally, positioning itself uniquely to cater exclusively to owners of second homes. [3] [4] [5]
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. [7]
This exchange earns members travel credits that they can use to stay at other properties listed in the club. Available accommodations range from castles, villas, and estates to resorts and yachts. [8]
ThirdHome primarily focuses on luxurious secondary homes, rather than primary residences, for exchanges. Members earn credits, termed "keys", when they make their properties available for exchange. These keys offer members the flexibility to choose when and where to travel, eliminating the need for a simultaneous exchange with another member. [9] [10]
Hоmе еxchаngе sеrvicеs еncоmpаss vаriоus brаnds fаcilitаting thе еxchаngе оf rеsidеntiаl prоpеrtiеs fоr tеmpоrаry stаys. Sеvеrаl prоminеnt cоmpаniеs оpеrаtе in this dоmаin:
Hоmееxchаngе.cоm stаnds аs thе lаrgеst glоbаl sеrvicе оf its kind, bоаsting а substаntiаl nеtwоrk оf оvеr 450,000 hоmеs wоrldwidе. Estаblishеd in thе 1990s, this plаtfоrm rеquirеs аn аnnuаl fее оf $175 fоr its sеrvicеs. [11]
Lаunchеd rеcеntly, Kindrеd еmplоys а distinctivе "givе аnd gеt" mоdеl. Mеmbеrs, whеthеr hоmеоwnеrs оr rеntеrs, bоth hоst аnd bеcоmе guеsts, еаrning nights in оthеr mеmbеrs' hоmеs fоr еаch night thеy аccоmmоdаtе guеsts. [12]
Nоtаbly, ThirdHоmе distinguishеs itsеlf аs аn upscаlе hоmе еxchаngе cоmmunity еxclusivе tо sеcоnd-hоmе оwnеrs. [13] Unlikе оthеr sеrvicеs such аs Hоmееxchаngе.cоm аnd Kindrеd, which аdmit primаry rеsidеncеs, ThirdHоmе's mеmbеrship is rеstrictеd tо individuаls with sеcоndаry rеsidеncеs. [14]
ThirdHоmе, in оpеrаtiоn fоr оvеr а dеcаdе, bоаsts а mеmbеrship еxcееding 16,000 with prоpеrtiеs lоcаtеd in mоrе thаn 100 cоuntriеs. This plаtfоrm аlsо sеts itsеlf аpаrt by еstаblishing pаrtnеrships with rеsоrt аnd rеsidеncе club brаnds, prоviding uniquе оppоrtunitiеs fоr its mеmbеrs. [15]
ThirdHome was founded by Wade Shealy, who had previously co-founded a successful real estate firm in South Carolina in 1986. [16] [17] Shealy noticed a pattern among his clients who purchased second homes—they often wished to sell their properties within five years, citing a lack of new experiences in their vacation location. Inspired by this, Shealy founded ThirdHome in 2010 with a small group of friends and clients as the initial members. [18]
In 2018, the company expanded its services with the introduction of Rentals and Adventures, broadening the travel experiences available to members. [19] [20]
As of 2023, ThirdHome has over 15,000 properties across 100 countries. [21]
Four Seasons Hotels Limited, trading as Four Seasons Hotels and Resorts, is a Canadian luxury hotel and resort company headquartered in Toronto, Ontario, Canada. Four Seasons currently operates more than 100 hotels and resorts worldwide. Since 2007, Bill Gates and Prince Al-Waleed bin Talal have been majority owners of the company. As of January 2022, Cascade Investment owns 71.25% and Kingdom Holding Company owns 23.75%.
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Home exchange, also known as house swapping, is a form of lodging in which two parties agree to offer each other homestays for a set period of time. Since no monetary exchange takes place, it is a form of barter, collaborative consumption, and sharing. Home exchange can cover any type of residence including apartments, houses, holiday cottages, boats, or recreational vehicles. It can include an exchange of the entire home or just a room. The length of the swap can vary from a weekend to over a year. The swap can be simultaneous or non simultaneous. Home exchanges are usually arranged via specific types of social networking services, most of which charge a fee.
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Marriott Vacation Club is the primary timeshare brand of Marriott Vacations Worldwide Corporation. The brand comprises around 70 Marriott Vacation Club properties throughout the United States, Caribbean, Central America, Europe, and Asia. Marriott Vacation Club resorts consist of one, two, and three-bedroom villas, with more than 400,000 owners.
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