Abandoned a high-paying position worth Rs 2 crore in the US to establish Homeyhuts, India's premier zero-commission homestay network
Homeyhuts Disrupts India's Homestay Market with Zero-Commission Subscription Model
Homeyhuts, a Hyderabad-based startup, is shaking up India's homestay ecosystem with its innovative approach. Founded by Yash Kumar, a former software developer in the United States, Homeyhuts offers a zero-commission subscription model, an all-in-one App, and AI-powered tools to provide authentic and affordable homestays.
The breakthrough for Homeyhuts came with "Host It Yourself," an all-in-one App solution for a subscription fee starting at Rs 490 per property per month. This service, which verifies travelers before allowing them to contact hosts directly via WhatsApp, ensuring safety, has been instrumental in the startup's growth.
To maintain trust and compliance, hosts on Homeyhuts must provide ownership proof, government-issued ID, and complete a one-time video KYC. This rigorous verification process has helped build a reliable platform for both hosts and travellers.
Homeyhuts' channel manager syncs availability across eight major OTAs at a fraction of the cost compared to other channel managers. Payouts for hosts are transferred the next day after guest check-in, providing swift financial transactions.
The startup has crossed Rs 2 crore in gross booking volume and has onboarded 2,000+ properties across 16 states in India. It has a Facebook group of 169,000+ property owners and offers platform support and payout communication in multiple Indian languages, including Hindi, Tamil, Telugu, Malayalam, and Kannada, making it accessible for non-English speakers.
Homeyhuts plans to expand aggressively, targeting 10,000 properties by 2026 and 20,000+ by 2027-28. It expects profitability by 2026 and aims to take its AI-powered tools abroad under a separate brand, Letloom, starting with Southeast Asia.
The Indian homestay OTA market was valued at Rs 24,100 crore ($2.9 billion) in 2024 and is projected to reach Rs 85,420 crore ($10 billion) by 2034, growing at a CAGR of 13.5%. With its unique approach and commitment to quality, Homeyhuts is well-positioned to capitalize on this growing stock market today.
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