How this Kerala based startup is fostering home-sharing

Hubloft is a home rental platform that offers discerning travellers with beautiful homes and vacation rentals. Hubloft provides value to two customer segments – homeowners & travellers.

How this Kerala-based startup is helping tourists for easy and economic rental during travel

Hubloft helps homeowners monetize their second home or holiday rental – an asset that is otherwise dormant, while ensuring that their home is readily available for their use as and when they need them. There is an unimaginable number of homes lying vacant all over Kerala and elsewhere – either because they are second homes, or because the owners live outside the city/country, and use these homes only when they come on vacation. These homes are usually either locked up or given out on long-term rentals, both of which pose their own problems. By converting them into short-term rentals, Hubloft ensures that such homes not only earn an income, but are also available for use by the home-owner whenever and for as long as they need.

Hubloft offers travellers with exceptional homes and vacation rentals. We adhere to a rigorous set of quality standards when evaluating a potential home. This ensures an authentic travel experience for our guest.

Founders & Background

Basil PA & Raiyaan Nayeem – Basil has always been a homesharing enthusiast, when his family business shut down, he converted 4 rooms in his own home into a bed & breakfast. At the time, I was selling residential apartments. Basil & I met while working for Airbnb, helping them build their supply of homes in Kerala. We noticed that a lot of homes lacked quality and service as the homeowners were usually in another line of work.

Our startup is based in Kochi, Kerala which is a great market for us as it is one of South India’s most popular tourist destinations, with an estimated 1.5M inbound tourists every year. There is also a huge inventory of unoccupied homes across the state (1 out of every 10 home in Kerala lies vacant), and a large number of homeowners who are looking to monetise their unused property.

Changes in the travel trends. Despite the explosive growth of the home-sharing market and the support that home-stays receive from the government, consumers still choose hotels over homes. Given the better price, larger space and the privacy factor, why aren’t such vacation rentals the preferred choice of accommodation for travellers? The answer is simple: these home-stays cannot match the consistency of services and conveniences provided by hotels. This is where Hubloft steps in. Hubloft vets every home on its platform, ensures basic quality standards and makes it guest ready .

At Hubloft, our goal is to ensure that booking a home is as easy and reliable as booking a hotel room. We aim to enable homeowners to be a part of the sharing economy without the hassles of the homesharing.

Submitted by PR Agency

Amit

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