Concept Description
iTrip Handout July 2026
iTrip is a home-based, short-term rental property management company that offers a franchise program. With more than 110 destinations and more than 15 years in the industry, iTrip operates in the franchise sector. Our model provides resources to support franchisees in managing the business. Our model provides resources to support franchisees in managing the business; no guaranteed lifestyle outcome is implied.
Our franchise model is a full-time, owner/operator model, and no experience is required. Our systems and processes are designed to support franchisees with the tools typical of a technology-driven, turnkey opportunity. The business is home-based, and there are no products to buy, warehouse, or distribute. There is no building to lease, no retail location, and no accounts receivable. All bookings are prepaid, and no employees are required.
At iTrip, we provide franchisees with personalized, comprehensive training and support as part of the program. Our technology-driven approach to the short-term rental property management industry has helped and we are dedicated to ongoing research and development to support our franchisees.
iTrip’s properties are listed on nationwide and international listing platforms as part of our distribution network. These listing sites are iTrip Channel Partners, not competitors, allowing our franchisees to promote their properties under management to a distribution network for short-term rental properties.
With our software platform and marketing strategies, the offering supports short-term rental property management. Our required net worth is $200,000, and franchisees are eligible for a 10% discount if they are military veterans.
At iTrip, we provide franchisees with personalized, comprehensive training and support.
iTrips properties are listed on multiple national and international sites, including Airbnb, Vrbo, Booking.com, Marriott Homes & Villas, and TripAdvisor as part of our distribution network.
Automation of processes is implemented.
Franchisee satisfaction is monitored.
By focusing on core markets, we aim to build scalable operations and sustainable growth in our franchise ecosystem.
iTrip’s properties appear on national and international listing sites such as Airbnb, Vrbo, Booking.com, Marriott Homes & Villas, and TripAdvisor, as part of our distribution network.
iTrips properties are promoted through multiple online platforms as part of our distribution approach.
Automation of processes
Franchisee satisfaction
We focus on core markets to build scalable operations within our franchise ecosystem.
iTrip has prioritized building our short-term rental and property management franchise in local markets with a focus on single-territory economics.
iTrip properties are promoted on multiple national and international listing platforms as part of our distribution approach.
We focus on a single territory and operate in Panama City, FL.
We focus on core markets to build scalable operations and sustainable growth.
iTrip properties appear on national and international listing sites as part of our distribution network. These listing sites are iTrip Channel Partners, not competitors, allowing our franchisees to promote their properties under management to the distribution network for short-term rental properties in the industry. With our software platform and marketing strategies, the offering supports short-term rental property management. Our required net worth is $200,000, and franchisees are eligible for a 10% discount if they are military veterans.
iTrips properties appear on national and international listing sites as part of our distribution network.
iTrip’s properties are listed on national and international listing sites as part of our distribution network.
iTrip’s properties are listed on a distribution network of national and international listing sites, such as Airbnb, Vrbo, Booking.com, Marriott Homes & Villas, and TripAdvisor.
From the beginning, our founders focused on building a scalable business model and establishing systems to support the franchise relationship.
Testimonials
iTrip Franchisee Thoughts
Publicity
https://www.entrepreneur.com/franchises/itripvacations/335889
https://www.vrbo.com/connectivity/cases/itrip
Unit Option
Single
Background
FDD Franchised Units: 105
Corporate Owned Units: 1
Projected New Units: 2
Year Established: 2008
First Year Franchised: 2015
Type of Business: Franchise
Hours of Operation: 24 / 7 / 365
History:
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 in Panama City, FL, using a replicable model that can be applied to other markets. 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 as 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® has chosen to stay focused on building our short term 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 a lifestyle that was originally their goal. By focusing on core markets, we have built scalable operations and sustainable growth within our franchise ecosystem.
often, when executed successfully, our owners can create a lifestyle aligned with the franchise opportunity.
Availability
Territories: United States
Financials
Liquidity: $110,000
*Investment Range: $119,400 - $153,150
**Average Investment: $110,000 - $150,000
Provided by the Franchisor
Minimum Net Worth: $100,001 to $250,000
6 Month Cash: $100,001
Franchise Fee: $55000 to $75000
Royalty: 4% - 6.1%
Royalty Description: 4% to 5% of Total Rental Revenue (tiered by Client Management Fee charged)
Advertising: Digital Marketing Requirement $960/month (Boutique Market) or $1,335/month (Primary Market) plus Direct Mail Requirement $1,000/month for the first 18 months
Ramp-Up: 4 to 6 months
Passive Ownership: Passive Ownership NOT Allowed
Passive Ownership means the owner is working 15 hours or less per week in the business.
Available Discounts
- Veterans
Discount Description: 10% of the franchise fee
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: Available
Lease Negotiation Assistance: N/A
Length of Training: 3 weeks
Training Description:
We will offer and make available an initial training program (the “Initial Training Program”) for you and up to one (1) additional person designated by you tuition-free, provided these individuals attend at the same time. One of the trainees must be you (or one of your principals responsible for the Franchised Business, if you are an entity) and, if applicable, the other attendee must be your proposed designated manager that you wish to be responsible for the day-to-day management of the Franchised Business, subject to our prior written approval, which we will not unreasonably withhold or delay (the “Designated Manager”). (Franchise Agreement, Section 5(A)).
The Initial Training Program will be comprised of three (3) components, namely: (i) two (2) general training sessions that our training personnel will provide within your Designated Territory and at your Premises (each, an “On-Site Module”); and (ii) one (1) session of training that will take place at our designated training facility in Tennessee (or other location that we designate) and focus on the training and assistance in connection with the Proprietary Software and Web Hosting Program (the “Software Module”). (Franchise Agreement, Section 5(A)).
Operational and Marketing Tools:
Operations and software manuals + online Learning Management System aka. LMS (www.itripuniversity.com).
Financing Assistance: N/A