iTrip is a home-based short-term rental property management franchise operating in 110+ seasonal and urban destinations across North America. Founded in 2008 and franchising since 2015, iTrip has grown to 115 franchise units. Franchisees manage vacation rental properties for owners while iTrip’s technology and channel partnerships with 80+ listing sites — including Airbnb, Vrbo, Booking.com, and Marriott Homes & Villas — drive bookings to those properties.
At a Glance
Minimum Liquid Capital Required: $150,000
Total Investment: $105,000 – $150,000
Franchise Fee: $30,000
Royalty: 4% – 6.1%
Ownership Model: Full-time owner-operator
Location Type: Home-based (must live in or near market)
Experience Required: None in property management; 15+ years professional business experience preferred
Top 5 Reasons to Invest
- Recurring revenue — earn ongoing management fees from every property in your portfolio
- 80+ channel partnerships including Airbnb, Vrbo, Booking.com, and Marriott Homes & Villas
- Home-based with no inventory, no retail location, no employees required at launch
- No accounts receivable — all guest bookings are prepaid
- Proprietary technology platform for listings, bookings, and property management
About iTrip Franchise Opportunity
The short-term rental industry continues to see strong demand as travelers increasingly prefer vacation rentals over traditional hotels. iTrip franchisees capitalize on this trend by managing properties for owners who want rental income without the operational hassle.
The Business Model:
iTrip franchisees have three core responsibilities:
- Acquire properties — Build relationships with property owners in your market who want their homes professionally managed
- Drive bookings — iTrip’s technology and 80+ listing site partnerships handle distribution and visibility
- Manage operations — Coordinate service providers (cleaners, maintenance) for property turnovers
You don’t own the properties. You don’t clean them yourself. You manage the relationships and systems that keep properties booked and guests happy.
The Revenue Model:
Franchisees earn recurring management fees from every property under management. As your property portfolio grows, so does your income. There’s no cap on the number of properties you can manage.
WHY Franchise With iTrip?
Channel Partner Advantage: iTrip properties appear on 80+ national and international listing sites including Airbnb, Vrbo, Booking.com, Expedia, TripAdvisor, and Marriott Homes & Villas. These are channel partners, not competitors — they drive millions of potential guests to your properties.
Technology Leadership: iTrip’s proprietary software and app allow franchisees to manage listings, schedule cleanings, coordinate maintenance, communicate with guests, and track revenue — all from a smartphone. System integrations include keyless entry and automatic security code generation for seamless property access.
No Accounts Receivable: All guest bookings are prepaid. You’re not chasing invoices or managing collections.
Home-Based Operations: No retail location, no warehouse, no inventory. All you need is a car, smartphone, and computer. Many franchisees achieve the work/life balance they left corporate America to find.
Exclusive Territories: Each franchisee receives an exclusive territory, allowing iTrip to provide market-specific support and preventing internal competition.
ABF Exclusive Insights
Market Timing: The vacation rental industry continues consolidating. Independent property owners increasingly want professional management as guest expectations rise and platform algorithms favor professionally managed listings. iTrip franchisees are positioned as the local solution for owners who want income without operational headaches.
Founder Credibility: iTrip’s founders started the company in 2008 after their own property management needs weren’t being met. The original Panama City Beach territory remains the testing ground for new strategies that get rolled out system-wide.
Competitive Edge: iTrip ranks #1 in time-to-live on Vrbo — getting properties listed and bookable faster than competitors. Their inquiry-to-booking conversion rates outperform industry averages.
Training & Support
Initial Training Covers:
- How to reach prospective property owners and referral professionals
- How to maximize short-term rental property income potential
- How to leverage iTrip’s international advertising campaigns
- Managing listings, rental rates, revenue forecasts, and booking quotes
- Property management operations and turnover processes
Ongoing Support:
- Dedicated franchise support team
- Proprietary software and technology platform
- Marketing and PR support (blogs, social media, digital campaigns)
- System-wide strategy updates from corporate testing
- Peer network of 115 franchisees across 110+ markets
Franchise Owners That Thrive
Strong fit indicators:
- Full-time owner-operators ready to build a business
- Live in or within 40 minutes of their market
- 15+ years of professional business experience
- Seeking executive-level income with lifestyle flexibility
- Comfortable with technology and relationship management
- Disenfranchised from corporate America and ready to work for themselves
Franchise Fit & Capital Readiness
Who Is NOT A Good Fit for This Franchise
- Are you looking for passive or semi-absentee ownership from day one?
- Do you want to live far from your market area?
- Are you uncomfortable building relationships with property owners?
- Do you lack the drive to acquire properties, especially in the first year?
- Do you have less than $100,000 in liquid capital?
If you answered yes to any of these, this franchise may not be the right fit. iTrip requires hands-on owner-operators who live in their markets and are committed to building a property portfolio.
Investment Readiness Check
- Minimum Liquid Capital: $150,000 — required for consideration
- Net worth of $250,000 will be verified during qualification
- Ownership timeline: Expect 4-8 weeks from signing to operational launch
- Must live in or within 40 minutes of your market territory
- Exclusive territories awarded based on market potential and trade areas
All financial thresholds are set by the franchisor and are non-negotiable during approval.
Franchisor Authority Disclosure
America’s Best Franchises provides guidance and introductions. Final approval criteria, financial thresholds, and territory decisions are determined exclusively by the franchisor.
Frequently Asked Questions
Q. Do I need property management experience? A. No. iTrip provides comprehensive training on their systems, technology, and proven processes. Professional business experience (15+ years) is more valuable than industry-specific background.
Q. Do I need to own rental properties? A. No. You manage properties for other owners. Your job is acquiring properties to manage and coordinating the services that keep them booked and maintained.
Q. How long until I’m operational? A. iTrip franchisees are typically up and running within weeks. The initial focus is on acquiring properties in your market to build your management portfolio.
Q. What types of properties work best? A. Vacation homes in resort destinations and urban properties in high-demand travel markets. iTrip operates in 110+ seasonal and urban destinations.
Q. Do I need employees? A. Not to launch. You’ll coordinate with service providers (cleaners, maintenance contractors) rather than employing them directly. As your portfolio grows, you may choose to add team members.
Next Steps
Complete the form below to request a qualification review and discuss territory availability for iTrip Vacations.
This profile represents general franchise information. Individual results may vary. Refer to the Franchise Disclosure Document for complete details.