Introducing ThirdHome, the premier luxury vacation home exchange club, now officially launching in Vietnam. This move comes amidst a surge in demand for high-end vacation properties and luxury travel experiences in the country.
Founded in 2010, ThirdHome is the world’s largest private network for second-home owners. The club manages a portfolio of over 20,000 luxury residences across more than 100 countries, valued between $500,000 and $50 million. Since its inception, ThirdHome has facilitated over 50,000 member vacations and garnered more than 20,000 five-star reviews.
ThirdHome’s innovative model allows members to share their vacation homes for a set number of weeks annually, granting them access to stays at other exclusive properties within the network.
The collection spans villas, penthouses, and yachts, enhanced by partnerships with renowned hospitality brands such as The Ritz-Carlton Destination Club, Hyatt Vacation Club, and Four Seasons Private Residences.
In Vietnam, ThirdHome has already curated 12 properties, including beachfront villas at Six Senses Con Dao and luxury residences in Hoi An. The company’s leadership plans to expand this portfolio following its official market entry. Wade Shealey, Founder, Chairman, and CEO of ThirdHome, emphasized that expanding into Southeast Asia, particularly Vietnam, is a strategic imperative for global growth.
A ThirdHome villa in Paradise Valley, Arizona, USA.
According to C9 Hotelworks, Vietnam accounts for 41% of future branded real estate supply in Asia. Additionally, the country’s luxury tourism sector is projected to grow at an average annual rate of 6.5% from 2025 to 2033. These factors position Vietnam as a key market for ThirdHome’s expansion.
With ThirdHome’s entry into Vietnam, local luxury property owners can now join a global community where the average home value is $2.4 million. The company also notes significant interest from international members in Vietnamese destinations, including Ho Chi Minh City, Hanoi, Con Dao, and Phu Quoc.
