Which short-term rental platform has the largest customer flow?

Non-standard accommodation is a new form that continues to have a fierce impact on traditional hotels with the rise of the big accommodation era. Several flowers are blooming, one for each, financing is booming, foreign companies are scolding Fang Qiu, peers are competing to catch up with each other, and giants cooperate to win. It is really a good show.

After a year of fighting with Airbnb, the dominant player in the local market, Chinese non-standard accommodation players have begun to shift their battlefield overseas, with Japan and Southeast Asia becoming the landing places.

On March 13, 2018, Xiaozhu Short-term Rental announced a cooperation with Agoda, a global hotel booking platform owned by Booking Holdings Inc., and the two parties will exchange more than 100,000 homestays in the first batch.

As a booking platform under Booking, Agoda provides more than 1.8 million accommodation listings and has become one of the choices for many Chinese tourists traveling overseas and foreign tourists traveling to China.

On January 31, Tujia announced the acquisition of the overseas B&B booking platform Big Fish Self-Service Travel. At the same time, the Big Fish team and the original Tujia overseas business merged to form a new overseas business unit, which is overall responsible for Tujia’s overseas business. business.

Dayu Self-guided Tour was founded in early 2013. It originated from Taiwanese homestays and focuses on the overseas non-standard accommodation market, especially in the Southeast Asian market. Its global homestay booking platform Dayu Travel has more than one million users.

In mid-2018, Tujia and Xiaozhu, two leading non-standard accommodation companies, successively submitted impressive semi-annual reports. Judging from the most intuitive data, overseas markets have provided obvious assistance.

Data shows that as of July 2018, Xiaozhu’s global housing inventory has exceeded 420,000 units, covering 400 domestic cities and 252 overseas destinations. Currently, Xiaozhu has more than 35 million active users.

As for Tujia, as of the first half of 2018, Tujia has more than 1.2 million listings globally, including more than 800,000 domestic listings. Domestic booking orders increased by 5.98 times year-on-year, and overseas booking orders increased by 10 times.

The Eighth Sister has something to say

Airbnb has entered the Chinese market from overseas, and Xiaozhu Tujia has begun to support overseas markets. How much potential is there in the world’s idle space?

Looking at the Chinese market alone, the housing vacancy rate in major cities in China was around 20% from 2013 to 2017. In 2017, the number of vacant houses in China was as high as 65 million, with a vacancy rate of 35%, of which only 5% was used for enjoyment.

I have been thinking about why many people are unwilling to rent out their houses when the short-term rental market is so hot?

After long-term market research, we found a common reason: most of the vacant properties mentioned above are residential properties.

For the space owner, all the decoration and configuration in the house are designed according to their own living needs. They spend 1-2 months of vacation time here every year, so most of them People don't rent out their spare time.

But when some relatives and friends around them go on business or travel, most people are very willing to share their houses with relatives and friends.

So, we want to build a global space exchange community based on the relationship between people, so that everyone can share their idle space and exchange their favorite space for free.

Here, there are no financial transactions, only friendship between people, no price measurement, only the satisfaction of sharing.

We hope that through this free housing exchange model, we can provide users with a new choice, so that every inch of idle space generates value, and every user’s life is filled with love and sharing. Be better!