|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.
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
Oct. 1, 2016 11:45 AM EDT Reads: 2,795
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT de...
Oct. 1, 2016 11:30 AM EDT Reads: 1,322
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
Oct. 1, 2016 11:15 AM EDT Reads: 875
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
Oct. 1, 2016 10:45 AM EDT Reads: 606
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
Oct. 1, 2016 10:30 AM EDT Reads: 711
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Oct. 1, 2016 10:30 AM EDT Reads: 1,726
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Oct. 1, 2016 10:00 AM EDT Reads: 4,674
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
Oct. 1, 2016 10:00 AM EDT Reads: 520
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Oct. 1, 2016 10:00 AM EDT Reads: 3,321
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.
Oct. 1, 2016 10:00 AM EDT Reads: 3,201
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Oct. 1, 2016 10:00 AM EDT Reads: 607
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
Oct. 1, 2016 09:45 AM EDT Reads: 837
SYS-CON Events announced today that Interface Masters Technologies, a leader in Network Visibility and Uptime Solutions, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading vendor in the network monitoring and high speed networking markets. Based in the heart of Silicon Valley, Interface Masters' expertise lies in Gigabit, 10 Gigabit and 40 Gigabit Eth...
Oct. 1, 2016 09:45 AM EDT Reads: 2,770
In his session at @ThingsExpo, Kausik Sridharabalan, founder and CTO of Pulzze Systems, Inc., will focus on key challenges in building an Internet of Things solution infrastructure. He will shed light on efficient ways of defining interactions within IoT solutions, leading to cost and time reduction. He will also introduce ways to handle data and how one can develop IoT solutions that are lean, flexible and configurable, thus making IoT infrastructure agile and scalable.
Oct. 1, 2016 09:15 AM EDT Reads: 1,681