HomeRez gets funding for expansion and development
HomeRez, which provides technology to help holiday home owners sell their properties through various rental websites, has secured €4 million in funding.
The group said it will allocate a significant amount to developing its technology, improving processes, platforms, and expanding distribution.
The rest will be allocated to international expansion.
The group, which is based in Paris, said it will begin operating new overseas offices later this year.
HomeRez, the brainchild of three former Booking.com directors, was launched in January 2014 and now handles the bookings for several thousand vacation rental owners over 100 global sites, including Homeaway, Airbnb, Booking.com, and Tripadvisor.
The fundraising was conducted with Entrepreneur Venture, XAnge and business angels, including Nicolas Brumelot (founder Go Voyage, founder MisterFly), David Roche (ex president Hotels.com) Pablo Szefner (Justfab) and Frederic Halley.
Bertrand Folliet, partner at Entrepreneur Venture, said: "Homerez provides an effective solution to help holiday rental owners save time and increase their revenue.
"The extremely rapid growth in the number of clients working with HomeRez demonstrates the relevance of the service they offer. We have also been convinced by the founders who have a strong experience and expertise in the tourism industry."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025