|By Business Wire||
|February 6, 2013 08:10 AM EST||
Recognizing the potential and creativity of the patent-pending Pay-With-Time™ platform offered by Demeure, Trade to Travel has joined its service provider program. The home exchange market is in flux, partially due to the many inconveniences of a reciprocal home exchange. In order to make a home exchange work, it needs to be simple for travelers. By eliminating the challenges of a reciprocal home exchange, Demeure is seeing rapid growth. The most successful companies in the industry will have innovative new approaches to asset ownership and will leverage the trending sharing economy model and community generated inventory. The philosophy and model at Demeure embraces all of these elements and adds value to today’s home exchange, making it an attractive business to partner with.
“Demeure offers innovative revenue streams which benefit members of their community and ours. They're doing travel better than anyone else in the industry,” said Leah Powell, President and CEO, Trade to Travel. “Pay-With-Time Auctions offer a win-win solution to the over-supply problem in the market – allowing owners to use capacity in their properties to pay for travel, and in turn creating significant value for travelers paying cash.”
Reciprocal home exchanges can be complicated and time-consuming, often requiring hours seeking a desirable property to exchange with, then arranging simultaneous travel. The last decade has seen advances in technology and social networking which has made this process simpler, but still gaps remain. The companies that emerged at the beginning of this trend have seen challenges in recent years because they don't meet all of the demands for the traveler, property owner, and value-added service provider. Demeure's approach addresses all such things and is bound to shake up the industry.
“The reciprocal home exchange model doesn’t offer the full package solution for property owners. We’re excited to bring Trade to Travel onboard as a partner. There are definite synergies between our offerings, and we can’t wait to introduce Demeure to their clients,” said Peter Schwartz, Founder and CEO, Demeure. “Demeure Club members and subscribers to Demeure Lounge have access to many value-added services, one of which is Pay-With-Time, a fun and fulfilling way to pay for travel.”
Demeure advances the sharing economy model and as a result Demeure Club members and subscribers to Demeure Lounge reap the reward. The approach finds the optimal intersection between service and price, and the two together define value, and as a result creates the greatest travel experience.
Demeure’s Pay-With-Time program puts the industry’s massive surplus capacity to work, while continually generating new inventory for the Demeure community. Once a Demeure member books a trip using Pay-With-Time, their property is made available to other members via Demeure Auctions. With this, the entire Demeure community benefits from the additional inventory and cost savings on travel. The process for paying with time is simple. Only one additional step is required beyond a typical property listing. The property owner chooses to offer time in their property, specifies the parameters on which the offer is made and then Demeure’s proprietary algorithm calculates the value of the offer in cash. The best part is the property owner is able to spend it right away, bidding on other properties in Demeure Marketplace while paying a modest fee of 15 per cent of the value of the property they book. In all cases, this fee is shared with any and all value-added service providers who participate in the process and who come together to deliver an amazing travel experience.
About Demeure Operating Company Ltd.
Demeure is a next generation online travel marketplace offering unprecedented service and value. Demeure features two service levels: Demeure Lounge, a subscription that unlocks the full suite of tools and services in Demeure Marketplace, and Demeure Club a private luxury travel club boasting a sustainable business model that doesn’t depend on owning or leasing properties. At the heart of Demeure is its patent-pending Pay-With-Time™ program, which exemplifies the principles of today’s “sharing economy.” This program lets owners monetize surplus time in their properties to book travel, which in turn generates inventory for the entire community to book at outstanding prices. For more information visit http://demeure.com. For press and media resources visit http://blog.demeure.com/press-room/.
About Trade to Travel
For over 20 years, Trade to Travel has offered luxury home exchange, vacation home exchange, boutique hotel exchange, and non-reciprocal exchange of luxury properties. The exchange process uses a simple point system, in which each point represents $1000 of rental value. Membership in the "Owners Club" leverages an owner’s investment in their property, maximizing ROI. Members "host" fellow members in exchange for points, which they use to enjoy exceptional accommodations around the globe. For more information visit http://tradetotravel.com.
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
Mar. 25, 2017 06:15 PM EDT Reads: 2,541
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Mar. 25, 2017 05:15 PM EDT Reads: 1,898
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Mar. 25, 2017 04:00 PM EDT Reads: 466
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
Mar. 25, 2017 04:00 PM EDT Reads: 2,809
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
Mar. 25, 2017 03:15 PM EDT Reads: 6,418
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Mar. 25, 2017 03:00 PM EDT Reads: 2,710
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
Mar. 25, 2017 01:45 PM EDT Reads: 3,271
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 25, 2017 01:30 PM EDT Reads: 1,679
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
Mar. 25, 2017 01:15 PM EDT Reads: 2,031
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Mar. 25, 2017 12:45 PM EDT Reads: 1,861
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 25, 2017 12:45 PM EDT Reads: 3,470
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 25, 2017 12:45 PM EDT Reads: 1,658
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Mar. 25, 2017 12:30 PM EDT Reads: 5,051
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 25, 2017 12:30 PM EDT Reads: 1,157
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Mar. 25, 2017 12:30 PM EDT Reads: 1,790