Homerez

About Homerez

Homerez provides a comprehensive property management solution for vacation rental owners, aiming to simplify and optimize the rental process. The company was founded in Paris, France, in 2014 by Loic Dupont, Kamal Bounajma, and Rachel Howes. The founding team leveraged their considerable experience as former managers at major travel industry companies like Booking.com, Expedia, and Hotels.com to address a gap in the market. They recognized the increasing complexity and competition owners faced in the burgeoning short-term rental market.

The core of Homerez's offering is a platform that automates and manages the entire rental lifecycle for property owners. The service creates and publishes optimized property advertisements in multiple languages across more than 20 international and local vacation rental websites, including Airbnb, Booking.com, and HomeAway. This multi-platform distribution model is designed to maximize visibility and booking rates for its clients. Beyond listings, the company handles reservation inquiries, secure payment processing, and customer communication, effectively acting as a central reservation manager. The business model appears to be performance-based, offering a risk-free proposition for property owners without upfront fees.

Since its inception, Homerez has achieved significant milestones, including several funding rounds to fuel its expansion. The company raised €4 million in 2016 and secured another €6 million in a 2018 financing round led by Seventure Partners, with participation from existing investors XAnge and Entrepreneur Venture, bringing its total funding to over $11 million. By late 2018, the platform served over 10,000 customers across Europe and had ambitions to manage more than 50,000 properties. This growth is supported by proprietary technology developed in-house to manage listings and optimize pricing according to market seasonality.