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Why House Swapping Is Having a Major Moment Nearly 20 Years After ‘The Holiday’

Why House Swapping Is Having a Major Moment Nearly 20 Years After 'The Holiday'
Inspired by The Holiday, house swapping has become one of travel's fastest-growing accommodation trends.Photo by Jack Taylor/Getty Images

Curious about house swapping after rewatching The Holiday? The once-niche travel model is booming in 2026 as travelers look for cheaper, more authentic alternatives to Airbnb and hotels. Here’s how house swapping works, what it costs and why so many people are giving it a try.

What Is House Swapping and How Does It Work?

House swapping is a travel arrangement where members of a dedicated platform exchange stays in each other’s primary residences instead of booking hotels or short-term rentals. Most platforms don’t involve any cash changing hands between members — you earn the right to stay in someone else’s home by hosting them in yours.

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The model has gained traction as travel costs climb and remote work gives people more flexibility about when and where they go. On Kindred, which launched in 2022, more than 90 percent of listed homes are the hosting member’s actual primary residence, cofounder Justine Palefsky told CNN. “Members are exchanging nights and not dollars, so there’s no way to purchase or sell nights on Kindred for cash,” Palefsky said.

That structure changes the dynamic between travelers in a way short-term rentals don’t. “Hosts do not earn revenue by hosting, they just earn the ability to stay in somebody else’s home at another time,” Palefsky told CNN. “By removing that exchange of where one is paying the other, the relationship between two members feels really different. It’s much more of two peers who have both contributed something, who connect as humans in advance of their stay and decide to trust one another.”

Platforms typically build in safeguards before keys are exchanged. Kindred uses pre-trip video calls, in-app direct messages between hosts and guests and global in-person community events so members can meet other travelers face-to-face. The goal is to replace the transactional feel of a hotel booking with something closer to staying with a friend of a friend.

House swapping isn’t brand new, either. HomeExchange, the platform best known from the 2006 movie The Holiday starring Cameron Diaz and Kate Winslet, started as a print catalog in 1992 before moving online in 1998. Today it has roughly 200,000 members across 150 countries and recorded more than 460,000 exchanges in 2024, with growth of about 50 percent per year over the past three years.

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How Much Does House Swapping Cost Compared to Airbnb or Hotels?

House swapping costs roughly one-tenth of a comparable short-term rental, with most platforms charging either a flat annual fee or a small per-night service charge instead of nightly rates set by a host. There’s no markup for the room itself because you’re trading nights, not paying for them.

Kindred is free to join with no membership fee. Members pay the company between $15 and $35 per night, plus cleaning costs, which works out to about one-tenth the cost of a typical short-term rental, according to the company. The platform now has about 75,000 members in 150 cities across the U.S., Canada, Mexico and Western Europe.

HomeExchange takes a different approach, charging a flat $220 per year for unlimited swaps. The company also runs a high-end tier called HomeExchange Collection, launched in 2022, that costs $1,000 annually. Collection has 5,000 homes in its pool and 2,500 members, more than half of whom are in the U.S., with the rest in Canada, Australia and France, David Bucci, head of the Collection portfolio, told Mansion Global.

Luxury swaps are the fastest-growing category on HomeExchange. “We’ve had a 200 percent increase in applications for HomeExchange Collection since launch,” Bucci told Mansion Global. “And Collection members have booked more than double the number of exchanges than other members.” Bucci said the company built the tier because it had been missing out on “high-end consumers with really nice properties,” adding: “With Collection, we didn’t just want to create another membership tier. We wanted to create a community.”

Why Is House Swapping Growing In Popularity for 2026 Travel?

Affordability is the single biggest driver, with travelers actively looking for ways to keep traveling without paying inflated hotel and rental prices. Kindred’s 2026 Global Travel Forecast, a survey of 4,000 consumers in the U.S. and U.K., found that 61 percent named affordability as their top motivation for 2026 trips, with women (66 percent) more likely than men (57 percent) to rank it as their main concern.

The shift reflects a broader rethink of how people are spending their travel dollars rather than a pullback from traveling altogether. “Affordability has always mattered, but it’s now the leading driver of travel decisions,” Palefsky told Forbes. “People aren’t traveling less — they’re traveling smarter. They’re looking for ways to maintain the joy of discovery while avoiding inflated prices and impersonal experiences.”

Palefsky said the trust-building features built into swap platforms are part of the appeal for travelers who feel burned out on transactional rentals. “Trust is at the heart of everything we do. In a world where travel has become increasingly transactional, Kindred reintroduces human connection that’s often lost with other accommodation types,” she told Forbes. “Every interaction is designed to build trust: from pre-trip video calls and in-app DMs between host and guests, to global in-person community events where members can connect in-person with like-minded travelers.”

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