Booking platform Holiday Swap joins UAE’s NextGenFDI Program

Booking platform Holiday Swap joins UAE’s NextGenFDI Program

Holiday Swap, a UK-based vacation exchange and booking platform, has joined the UAE Ministry of Economy’s NextGenFDI program, to establish and scale their operations in the UAE.

Launched in 2018, Holiday Swap is a community-based platform that connects holidaymakers online, enabling them to swap homes or rent directly from one another at minimal or zero cost. Today, the platform has more than 120,000 listed properties across 185 countries, including the UAE, where it has approximately 1,200 listings. It aims to expand its listings to 400,000 properties by the close of 2023.

By joining the NextGen FDI program, the company will establish its headquarters in Dubai Internet City, creating 500 jobs in the country within two years, 250 of which will be highly skilled, as it seeks to enhance its platform through advanced technology capabilities such as AI and blockchain.

Dr. Thani bin Ahamed Al-Zeyoudi

UAE Minister of State for Foreign Trade “The onboarding of Holiday Swap reflects the continuing success of the NextGen FDI program in attracting pioneering companies to the UAE and fostering the development of cutting-edge solutions across a diverse range of economic sectors. The partnership is not only a testament to the UAE’s position as a world-class hub for innovation but