If you like to travel, you know that one of the biggest costs is finding a place to stay while you’re on vacation. For the longest time, I only stayed in a hotel. Now, there are so many other alternatives to hotels that it is no longer my go-to option.
My wife and I love to travel. Every year we like to travel to someplace in the United States and every few years, we like to do an international trip. We also don’t have a ton of money, so we have to be really smart when it comes to the budget for our trips.
Here are 8 alternatives to hotels so that you can save money and have a great trip at the same time.
1. Vacation Rental
One of the best experiences that we ever had was staying in a vacation rental in Paris where we felt like we were actually living there and we were paying a fraction of the price when compared to staying at a hotel.
I came across an awesome website called Tripping.com that will pull in vacation rentals from all the other sites like VRBO, HomeAway, etc. Think of Hotwire or Priceline but for vacation rentals.
This makes searching for a place to stay so much easier because instead of price shopping on 10 sites, which can save you a ton of time. You can do it all on Tripping.
Although I have only stayed in a hostel once myself, my wife stayed at hostels numerous times as she traveled abroad during her college years. The thing that makes hostels so cheap is that you are typically sharing a room with complete strangers. If you are young and adventurous, then this might be a great option for you. If you are older, married, and like your privacy, then continue reading on.
Something worth noting is that most people think hostels are only found when traveling abroad. however, there are many hostels in the United States as well.
Check out HostelWorld to find one near your next vacation destination.
When I was just out of high school, I needed a place to stay temporarily. My friend Jason let me sleep on his couch for a few weeks and he didn’t even charge me rent. This was a great option at the time since I didn’t have much money and was in a transitional period of life.
Turns out, years later this is actually a thing. People will couch surf and travel the world. There is a site called Couch Surfing where you can find locals who are willing to let you literally crash on their couch – you can stay with locals in every country in the world.
You might want to test this in local area first before going on vacation to make sure this is right for you. Keep in mind that there is a rating system for you as the guest and for the person as the host. You can do all your research ahead of time before planning your trip
4. Friends place
I was reluctant to include this, as it seems so obvious, however, this was a huge savings for us when we went to Singapore. My wife went to college with a girl who happened to move to Singapore and because they were good friends, we decided to travel to there specifically to see them and explore all that the island had to offer.
So when you are planning your vacation, it can make sense to plan it around where you have friends or family. in our case, we knew that our friends would only be in Singapore for a couple years, so the window of opportunity to visit them was very narrow. Even better, we had someone who knew the city, the culture and we had an awesome time.
I think we did end up giving them some money for their hospitality, however, it was nothing compared to the cost of staying at a hotel.
5. Academic Housing
While my friend Danny was taking summer classes at a university his girlfriend worked as a summer staff member in one of the dorms that functioned as a hotel. He was surprised by this because it was not something that they advertised and he was an actual student. This particular university hosted summer events from hot air balloon festivals, Special Olympics, and smaller organizations who may not necessarily have the budgets to have their events hosted at hotels.
You would be surprised to find out how many colleges and universities that offer some form of temporary/hotel like accommodations that are ultra budget friendly and will take you back to your college days.
Some even include meals in the cafeteria, which is definitely an added bonus.
Here are a few sites that offer academic housing:
6. House Sitting
While still talking about my friend Danny (he’s single now and loves living the freedom lifestyle), he considers house sitting a hobby. His entire circle of friends call him first when they need someone to watch their home and their pets. He gets the mail, waters the plants, let’s the dogs and cats out, and if he’s lucky they also give him the extra set of wheels to get around town. Even better, he often gets paid to do this.
In addition, when other friends have packed up and moved across the country, he has also been a driver to help them move. Once they arrive at their new destination, he gets to relax, decompress, and hang out for a few days in a new city. And lastly, they buy him a return airfare ticket as his compensation. Not a bad way to travel to other cities in the country on someone else’s dime.
From Phoenix, Danny has gotten the opportunity to go to Boston, San Antonio, Fort Lauderdale, Orlando, and Tampa.
Here are some sites to visit regarding house sitting:
7. House Swapping
Have you ever wanted to go to Italy, Austrailia, or London? If so, this is definitely an option through home swapping.
This is one of the best options because it is nearly free and you get to experience your vacation spot as a local would on a daily basis.
Here is how it works:
- You list your home available for people to swap with.
- Then you search your desired location for someone that is willing to swap their home.
- Then check out the reviews and availability for that home.
- Reach out to that homeowner and offer to swap your home for theirs
It is as simple as that.
This is a new trend and I have not personally done this.
Check out the sites below for more answers to any questions you have about home-swapping.
8. Pitch a Tent
Although this might not be for everyone, this can definitely be the cheapest option, especially if you already own a tent. Sometimes there are campgrounds and public parks near where you want to travel and the cost involved could be free or just whatever the campground fee is to pop a tent.
If you love the outdoors and most of or part of your trip revolves around hiking, backpacking, and appreciating the great outdoors passing on comforts like air conditioning, this may be worth serious consideration if you are on a budget.
Have you ever used any of these alternatives to hotels? Maybe there is an alternative that is not listed here. If so, please share your experience in the comments below!
If so, please share your experience in the comments below!
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There is a FREE tool called Personal Capital that will connect all of your accounts like your bank, investment accounts, etc.
This will not only help you see all of your accounts in one place, but it also has a budgeting component where it automatically categorizes your transactions.