For millions of travelers, “couch surfing” doesn’t mean vegging out on your sofa in your sweat while catching up on the latest season of your favorite TV show. According to an article in The New Yorker, it’s a way to avoid lodging costs while traveling around the world. Sites such as CouchSurfing.org give people a chance to stay with hosts in their houses or apartments while also offering their homes as places to “crash” for tourists coming to their city.
The types of accommodations available can vary greatly. Some people offer guest bedrooms for temporarily use while others have nothing more than a floor and a sleeping bag. But people on couch surfing sites can see the lodging options available first and learn more about their guests before making a choice.
Find out more at: http://www.newyorker.com/reporting/2012/04/16/120416fa_fact_marx
About the Author: Samuel Phineas Upham is an investor at a family office/ hedgefund, where he focuses on special situation illiquid investing. Before this position, Phin Upham was working at Morgan Stanley in the Media and Telecom group. You may contact Phin on his Samuel Phineas Upham website or LinkedIn.