press dispensary press release writing, press release distribution

Homeowners to Profit Despite Crunch

2008-04-17
2000 sign up to RoomFT accommodation site



April 17, 2008, Press Dispensary. RoomFT (Room for Travellers - http://www.roomft.com ), a website matching travellers looking for short term accommodation with homeowners looking to cash in on a spare room, has signed its two thousandth member less than six months after launching in November 2007. The first website of its kind, RoomFT now has members in more than 60 countries and has 1,750 rooms on offer.

With daily reports of rising prices and a weakening housing market, more homeowners are seeing their spare apartment, room or even sofa as a chance to earn extra cash towards the mortgage and bills. And travellers struggling in the search for truly affordable holidays can find home comforts at bargain prices and a wide choice of accommodation across the world.

Hosts can offer their property for any period from one night to several weeks, providing an ideal alternative to restrictive six-month tenancy deals for tourists, travellers and gap-year students. Registering a room is free and travellers can also post accommodation requests without charge.

Daniel Baum, marketing director at RoomFT, says: “Amidst increasing bleak reports of mortgage arrears and repossessions, we buck the trend with a positive housing market. Homeowners joining RoomFT could earn up to £4,250 a year tax free from renting spare accommodation.”

More than 15 million people in Britain currently own homes with at least one spare bedroom and, on average, British people only have guests six times a year*. Daniel Baum adds: “As mortgages rise, so do the costs of all those spare rooms. It makes sense to make them pay for themselves.”

And it's not just UK properties that are up for grabs: RoomFT has attracted hosts and members from over 60 countries, from Argentina and Australia to Thailand and Turkey. Thanks to the site, travellers can post a room request anywhere in the world and hosts can reply with details of their accommodation.

Designed as part resource, part online community, Roomft.com features: a global hosts and travellers search with Google mapping and amenities; profile pages for hosts and travellers with their own personal URL; ratings and guestbook features; a calendar showing room availability and travellers' room requests; a verification option for hosts and travellers; a web mail system; a room valuation tool; and a traveller's diary and agenda.

* http://www.travelodge.co.uk/press/article.php?id=177

- ends -

Notes for editors
RoomFT is based in London and was established in April 2007. The company has six employees.

For further information, please contact:
Daniel Baum, marketing director
RoomFT.com
Tel: 020 7724 8824
Email: , ,
Site: www.roomft.com

Media contacts

Daniel Baum, marketing director
Tel: 020 7724 8824
Email: , ,
Site: www.roomft.com

Permalink: http://pdpr.uk/en91702/homeowners-to-profit-despite-crunch.html