December 29, 2014 08:00 ET Announces Top 10 Hottest Markets for Homestays in 2014, Top 10 Bargain Cities

City-by-City Data Compiled for This and Future Homestay Index Reports

DUBLIN, IRELAND--(Marketwired - Dec 29, 2014) - Following up on the first annual Homestay Index, released today the accommodation prices for its top 10 most and least expensive cities for homestays.

The comprehensive Homestay Index has documented the rapid growth of the emerging accommodation market segment. Despite this growth, prices even in the 10 most expensive Homestay cities are lower than hostel prices in many cities, not to mention more expensive options like Airbnb and hotels, as compared based on the recently released Accommodation Price Index.

While vacation rental pricing averages in cities like Boston reached a high of US$274 per room per day, the most expensive Homestay city (Glasgow) comes in at an average of $61, and Rome follows closely behind at $60. The full list is below.

There are a number of reasons for the pricing difference, according to Homestay CEO Alan Clarke, including:

1. Homestays are still a relatively young entrant in the accommodation space, and especially in the leisure travel space, so price pressure is still low.

2. Homestays are more evenly distributed inside and outside of major tourist zones where costs and prices can run dramatically higher.

3. Typical homestay guests are more focused on value for money, rather than the price.

4. The longer-term stays that many homestay visitors make for business and educational travel allow for length-of-stay discounts for homestays that bring the average down.

5. Homestay hosts aren't typically offering their homes as their primary source of income, but as an income supplement, giving them more flexibility in pricing.

6. introduced a new price negotiation feature last month that is seeing increased adoption.

"The sharing economy is allowing both hosts and guests to completely redefine the travel experience, and is one important result," said Clarke. "The homestay market segment is still relatively young, but homestays are not a new idea -- they may indeed be one of the oldest forms of lodging. offers the world's best marketplace for homestays, ideal not just for homeowners with extra space and adventurous travelers, but travelers of all ilk, and even event planners in need of pop-up lodging for major events expected to lead to accommodation demand surges."

Here are the top 10 most and least expensive homestay cities:

City   Price (USD)
Glasgow   $61
Rome   60
Amsterdam   57
Paris   54
San Francisco   53
Singapore   51
London   50
Florence   49
New York   49
Kyoto   46

The top 10 least expensive homestay cities are:

City   Price (USD)
Toronto   $20
Alicante, Spain   20
Santiago, Chile   22
Darwin, Australia   22
Montreal   23
Buenos Aires   24
Berlin   24
Madrid   24
Seoul   25
Vancouver   26

To download a copy of the entire Homestay Index, or to learn more about homestays as an emerging lodging option in the sharing economy category, visit

About, named one of Europe's top three travel innovators by PhoCusWright, is a Dublin-based firm pioneering new ways to enjoy experiential accommodation choices through a "hosted travel experience" homestay model. Moving this largely offline industry online, has also pioneered the "pop-up" homestay network, designed to solve acute accommodation shortages, mitigating price rises, and to help local communities benefit from large-scale local events. is a limited company and has raised venture capital funding through Delta Partners Ltd. The company also provides the Homestay Manager software to Homestay agencies and host families worldwide. chairman is Paddy Holahan, the founder and CEO of Newbay. CEO is Alan Clarke, formerly of Yahoo! and McKinsey and Company.

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