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iTrip Vacations
iTrip Vacations
iTrip Vacations

iTrip


Quick Summary

iTrip Vacations is a web-based vacation rental and property management company that is revolutionizing the way guests book and use vacation homes. iTrip’s mission with the Franchisees that own and operate their individual territories is to provide them with industry leading technologies, platforms and comprehensive digital marketing strategies.

iTrip Vacations:
 Franchise Cost, Fees & Facts

Minimum Cash Required$125,000
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Overview

Overview

iTrip Vacations – Franchise Information

 
A Better Business
The iTrip Vacations brand reaches millions of travelers all over the world. Through greater brand awareness, reach global audiences and dramatically increase your earning potential.
 
Join a Winning Team
As part of the iTrip brand, you'll join top business owners all over the world. Through our marketing programs, receive valuable advice, content, processes and strategies.
 
Enhanced Processes
Your time is valuable. Our consistent customer experience processes and distribution channels maintain bookings. You get to own a business while also having time to enjoy a high quality of life.
 
With iTrip, You'll Be Seen in More Places.
  • Franchising with iTrip Vacations provides the tools needed to increase your revenue potential and market growth.
  • Our branding and marketing initiatives help expand your presence and create more business opportunities.
  • Larger distribution channels, customized content, enhanced processes and support enable you to reach a world-wide audience.
  • Additionally, you will join a globally recognized leader in the vacation rental industry, as well as connect to a community of like-minded business professionals.
The Opportunity
There has never been a better time to start an iTrip® franchise. In the last few years this industry has been on fire. We have seen consumer awareness about vacation rentals go from 15% to 35%. How many times have you been able to place yourself at the right place, at the right time, in a true market consolidation and catch the wave of a lifetime? iTrip® Vacations is a web-based vacation rental and property management company that is revolutionizing the way guests book and use vacation homes. iTrip’s mission with the Franchisees that own and operate their individual franchise territories is to provide them with industry leading technologies and platforms as well as comprehensive digital marketing strategies for optimal success. iTrip’s goal is to become the most trusted brand in the vacation rental industry.
 
Because iTrip® provides franchisees with extensive training, there is no industry experience required; only a true desire to own your own business in a dream location. You will have the backing of a proven model, operate an exclusive territory, and enjoy state-of-the-art systems and industry-leading technology- all while working from the comfort of your home.
 
Unique ownership benefits include:
  • NO Equipment to Buy
  • NO Build-out Cost
  • NO Account Receivables
  • NO Need for Employees
  • NO Retail Location
  • NO Inventory
  • NO Long-term Lease to sign
  • NO Signage
Support
iTrip® originally started because the company’s founders had a need for their own vacation rentals and could not find an adequate solution in the marketplace. Focusing on a single territory, we have developed and operate a multi-million dollar business in Panama City, FL. This territory allows us to continually test and perfect new innovative strategies that when successful, are ultimately shared system wide.
 
From the beginning, our founders understood the importance of not only building a successful business model, but also setting up systems to promote the business relationship between the franchisee and franchisor as mutually beneficial. iTrip® is a checklist driven system that continues to prove itself time and time again. Our ability to replicate the model in markets across North America serves notice to the experience you receive with your investment. Your ability to work with our team of support personnel, to follow our checklists and systems, provides you an insurance plan from making some of the same mistakes we may have encountered through our long history.
 
iTrip® Vacations has chosen to stay focused on building our vacation rental and property management franchise businesses one local market at a time. With an intense focus on single territory economics, we have found that oftentimes, when executed successfully, our owners can create the lifestyle that was originally their goal. By not spreading ourselves too thin, we have been able to build strong businesses with disproportionate market share leading to stronger margins and greater mutual success; truly a win-win situation.
 
FAQ
 
What unique advantages do you have over other rental management companies?
 
The primary advantage is we are structured as a virtual company with efficiencies and automation that allow you to operate your business without many of the traditional expenses associated with typical Vacation Rental Management companies.
 
What Marketing strategies do you employ to reach the prospective tenants/guests?
 
Our Internet Marketing Strategy is multifaceted and includes geo-targeted search engine traffic, organic search engine traffic, high-traffic portals, PPC or pay per click Internet advertising, and repeat business from our vast existing database of repeat customers.
 
Which properties work best in this program?
 
We find the finest properties in the market work the best in our system. We provide the rental guest with professional photographs, videos and descriptions that allow the very best properties to reach their full potential. This is a real advantage for franchisees in our system as the finest properties are also the highest grossing properties.
 
What is the typical initial investment for a new franchise location?
 
The total initial investment ranges from $123,400 to $152,700, including the $40,000 franchise fee.
 
Does this business require leasing or buying commercial retail space?
 
No, this is a major advantage to our system. Many franchise opportunities require you to sign long-term leases or purchase expensive commercial property. On top of the lease and property expenses, you are also required make large capital investments in property build out and furnishings.
 
Is this a good business for couples and families?
 
iTrip® has several successful family businesses where clearly defined roles focused on either business development or business management have provided the structure for "happy ever after".
 
Is multi-unit ownership possible?
 
History has told us that when a franchisee puts all of their attention on a single territory first, they achieve greater success and market penetration than when focused too broadly. We would never rule out multi-unit ownership, but based on our experiences, recommend starting and succeeding in a single market first.
 

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