Every year in Australia, over $150m is paid to international accommodation booking platforms, with the vast majority of that money disappearing offshore. We have seen the impact of this model in towns and neighbourhoods across Australia, with the hollowing out of communities and increasing unaffordability of housing.
Wayfairer disrupts this extractive booking model. It's a non-profit platform that enables booking revenue to stay in Australia’s communities - creating jobs, catalysing investment, and promoting tourism destinations through sustainable, locally-led initiatives. Wayfairer’s approach creates an alignment between stakeholders, where everyone is pulling in the same direction - and that can empower local communities to promote authentic, fair and sustainable tourism.
Community projects are at the heart of Wayfairer. They are the projects that have been chosen by their communities and must fall within the following three themes.
Wayfairer oversees the funding of community projects. It provides an independent mechanism to ensure that funds are being distributed in tune with community expectations and that project selection and impact reporting criteria are being met.
Regenerative tourism is about community building. Our aim is to help communities to realise the value of their assets, by returning capital earned from those assets back to the community. This is done through a staged approach with a focus on guest, host and community participation.
We believe tourism can be regenerative - that it can be a powerful model for change, building community capacity and wealth. In line with global cooperative principles, our values are formed to support this goal.
We're building Wayfairer from the ground up - and need to gather all the support we can as we gather momentum. It's easy to show that you want Wayfairer to take root across Australia, just click through and sign up to Join Our Community. It's a really simple way to vote with your virtual feet...so we can invest in our communities.