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hometime.io

Founded Year

2016

Stage

Series A | Alive

Total Raised

$9.87M

Last Raised

$4.58M | 3 yrs ago

About Hometime

Hometime is a property management service for companies in the short-term rental space. The company's services include listing creation, channel management, dynamic pricing, guest communications, and a trademark linen and housekeeping wonder duo.

Hometime Headquarter Location

161 Castlereagh St

Sydney, New South Wales, 2000,

Australia

+61 2 8311 5433

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Latest Hometime News

Have suitcase, will travel. NSW residents dream of leaving their suburbs

Sep 10, 2021

Share NSW tourism operators are gearing up for a busy few months in the lead-up to Christmas with the easing of coronavirus restrictions encouraging fully vaccinated resident to dust off the suitcase and plan a weekend away. After three months of coronavirus lockdowns, holiday-starved NSW residents are clinging to a ray of hope that from next month they will be able to leave their homes, even if they cannot leave their own state or country. Manly local Anne McGuire is keen to get back travelling, either in Australia or overseas. Louie Douvis While the lockdown for 12 local government areas in regional NSW will be lifted on Saturday, tourism operators are hoping fully vaccinated Sydneysiders will be able to travel to popular weekend getaways, including Byron Bay, from mid-October. Manly local Anne McGuire said she was dying to get out and travel again, even if it is within NSW. “I’m very much over being in lockdown and being in my house,” she told AFR Weekend. “We always like to travel and get out and about, even within NSW like Bowral or the Blue Mountains.” Advertisement Originally from Ireland, Ms McGuire has not been able to return to her home since 2017. She and her partner Glen Trbojevich had to reschedule their wedding late last year – with family unable to fly in from Ireland – resorting to a smaller ceremony with friends earlier this year. “As soon as the borders are open I would love to go back,” said Ms McGuire, who has already missed the birth of one nephew in Ireland. For now, the most likely trip will be to Shellharbour on the NSW South Coast to visit her in-laws, hopefully in mid-October when the state reaches a 70 per cent vaccination rate. The double-vaccinated Ms McGuire is not alone in her desire to leave her own suburb. Pent-up demand for travel throughout NSW, especially for Sydneysiders who have entered their fourth month of lockdown, has given tourism operators hope of an economic rebound. Advertisement Hometime co-founders Billy Crock and Dave Thompson, who run Australia’s largest short-term-booking property management platforms, said the team was steeling themselves for the inevitable incoming regional travel rebound. “With all the positive conversations happening this week with reopenings, we’re seeing some strong data come through with the regional markets,” Mr Thompson says. “Urban markets are still very challenging.” Byron Bay tourism operators are bracing for a surge of travellers. Elise Derwin Hometime offers a comprehensive service for people who want to post their properties to platforms such as Airbnb and Stayz, but cannot or do not want to do the on-the-ground work needed to run a successful travel business. Hometime manages about 1000 properties across cities such as Sydney and Brisbane to regional markets including Byron Bay, the Blue Mountains and the Sunshine Coast. “We’ve realised throughout the COVID journey that the short-term rental industry is incredibly resilient. That desire to travel is pretty fundamental, and as soon as people have any kind of freedoms, they tend to take that up,” Mr Crock said. Advertisement A receptionist at a top luxury hotel in the main town of Byron Bay said that the tap of Sydney holiday-goers turned off as soon as the June lockdown was announced. But the mood shifted once again after Byron Bay had three COVID-19 cases to being completely “dead”. “After that, it was just Woolworths and the beach,” they said. However, in the past 24 to 48 hours, there has been a distinct shift in energy. People have been getting in touch by phone and email to make tentative inquiries for the festive season, and while the staff member said not all contacts were converting into actual bookings, they had struggled to even snag a toilet break in between fielding inquiries. Tourism & Transport Forum chief executive Margy Osmond welcomed the prospect of the return of intrastate tourism in NSW, but said it was a short-term “sugar hit”. “The pent-up demand will be great for tourism operators – it will be a sugar hit for some in regional NSW and it could be a bumper Christmas. But it’s not a long-term solution,” she said. “As long as NSW and Victoria remain closed, the rest of the country will suffer. Being able to cross borders if you’re double-jabbed is the kind of thing that gives hope to the industry.” The biggest stories in business, markets and politics and why they matter. Need to know. Our daily reporting, in your inbox.

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  • When was Hometime founded?

    Hometime was founded in 2016.

  • Where is Hometime's headquarters?

    Hometime's headquarters is located at 161 Castlereagh St, Sydney.

  • What is Hometime's latest funding round?

    Hometime's latest funding round is Series A.

  • How much did Hometime raise?

    Hometime raised a total of $9.87M.

  • Who are the investors of Hometime?

    Investors of Hometime include NAB Ventures, AS1 Growth Partners, OneVentures and Asia Principal Capital.

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