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Franchise Opportunity Deep Dive: iTrip is a home-based short-term rental property management franchise that gives owners access to major travel listing platforms and an established business model.
iTrip is a short-term rental property management franchise that allows franchisees to build and manage a portfolio of vacation rental properties within an exclusive territory. The home-based model does not require franchisees to own rental properties, lease commercial space or purchase significant inventory. Instead, owners use iTrip's technology, marketing resources and relationships with more than 80 travel and listing websites to manage properties for homeowners and attract guests.
iTrip has spent approximately 15 years developing and expanding its short-term rental property management model. The company was created to give property owners professional management services while giving travelers access to professionally marketed and managed private accommodations.
The brand's franchise system allows local owners to manage portfolios of single-family homes and condominiums without purchasing the underlying real estate. Franchisees operate within exclusive territories and can generally run their businesses from home.
Mission: iTrip aims to help homeowners professionally manage and market their short-term rental properties while providing guests with quality private accommodations.
Vision: The brand seeks to expand its network of locally owned short-term rental management businesses while using technology, automation and national distribution relationships to improve the experience for homeowners and travelers.
iTrip says franchise opportunities are available nationwide, including vacation destinations and urban markets. Territories are exclusive and are generally designed so that the market is no larger than approximately a one-hour drive from border to border. The company offers both Primary and Boutique Market opportunities.
Prospective franchisees can review availability through the brand's available markets page. Because availability changes as territories are awarded, candidates should contact iTrip directly for current market availability.
Initial Costs: The estimated initial investment required to begin operation of an iTrip franchise ranges from $119,400 to $153,150. The 2026 Franchise Disclosure Document (FDD) breaks these costs down as follows:
| Type of Expenditure | Min | Max |
| Initial Franchise Fee | $10,000 | $30,000 |
| Software Training, Integration & Initial Training Fee | $35,000 | $35,000 |
| Initial Operational Support Fee | $10,000 | $10,000 |
| Software License Fee | $540 | $540 |
| Logo Items Startup Kit Fee | $750 | $750 |
| Printed Materials Startup Kit Fee | $750 | $750 |
| Direct Mail Requirement | $1,000 | $1,000 |
| Digital Marketing Requirement | $960 | $1,335 |
| Chamber of Commerce Fee | $400 | $1,500 |
| Approved Vehicle | $0 | $5,000 |
| Travel & Living Expenses During Initial Training | $4,000 | $4,000 |
| Insurance Premium | $6,000 | $6,000 |
| Business License & Permits | $400 | $400 |
| Other Professional Fees | $3,000 | $3,000 |
| Office Equipment, Computer System, Software & Related Supplies | $0 | $4,000 |
| Initial Marketing Spend | $1,000 | $1,500 |
| Additional Funds (3 Months) | $45,600 | $48,375 |
Initial Franchise Fee: The initial franchise fee ranges from $10,000 to $30,000 and is due when the franchise agreement is signed. The fee is $10,000 for a Boutique Market and $30,000 for a Primary Market, with territory classification based on factors such as short-term rental inventory, absentee properties, local regulations and geography.
The brand offers qualified veterans of the United States military a 10% discount on the franchise fee.
Ongoing Fees: According to the 2026 FDD, iTrip franchisees are responsible for the following ongoing payments and fees:
| Type of Fee | Amount |
| Royalty | 4%-5% of rental revenue/month |
| Digital Marketing | $960-$1,335/month |
| Software License | $540/month |
ROI Potential: According to the 2026 FDD, the 82 franchises operating in 100 territories for the entirety of 2025 reported the following rental revenue per territory:
| Group | Average | Median | High | Low |
| 1 Territory (66) | $2,624,840 | $1,335,300 | $12,013,906 | $273,697 |
| 2 Territories (13) | $1,318,258 | $1,741,231 | $5,640,210 | $97,093 |
| 3+ Territories (3) | $2,945,055 | $3,018,298 | $6,163,870 | $2,258,464 |
| Total (100) | $2,395,376 | $1,767,339 | $12,013,906 | $97,093 |
Support begins after the franchise agreement is signed. Within 48 hours of signing, iTrip says its vice president of training and development contacts the new franchisee to begin scheduling training.
New owners receive assistance with establishing their exclusive territory, learning the iTrip operating model, understanding the company's technology and preparing to launch locally. The company also works with franchisees to develop a market launch plan and identify ways to reach second-home owners, referral partners and other potential property management clients.
iTrip provides comprehensive training even for franchisees who do not have previous property management experience.
Training covers areas such as finding and securing properties to manage, attracting guests, using iTrip's software and automation, managing the day-to-day property management business, marketing and business development and applying the company's operating procedures.
Training begins during the launch period and continues for as long as the franchisee remains part of the iTrip system.
iTrip provides ongoing support designed to help franchisees manage and grow their local property portfolios.
Marketing support includes distribution of rental properties across more than 80 websites, social media exposure, professionally designed direct-mail materials and templates, digital marketing consultation and guidance on building relationships within the local community.
The franchisor also works with franchisees to develop campaigns aimed at property owners and referral sources. Ongoing research, development, marketing and operating support are intended to allow local owners to spend more time growing their portfolios and working with homeowners.
Technology is a central part of the iTrip franchise model. Franchisees receive access to proprietary software developed for short-term rental management.
The system helps owners manage bookings, appointments, property operations and other recurring tasks. Automation is designed to make it possible to manage larger portfolios without the infrastructure associated with a traditional property management company.
iTrip also uses a mix of digital marketing tools, including geo-targeted advertising, organic search, pay-per-click advertising, artificial intelligence and high-traffic travel portals. Its marketing system can also reach previous guests through the brand's database.
iTrip primarily is looking primarily for full-time owner-operators with 15 or more years of professional or business experience. Previous property management experience is not required.
The brand’s model is particularly well-suited to candidates with an executive or professional business background who can apply existing management, sales, networking and leadership skills to growing a local property portfolio. In some states, franchisees may also need to obtain a real estate broker’s license.
iTrip is looking primarily for full-time owner/operators rather than passive investors.
The first year involves significant networking and business development as the franchisee builds relationships with property owners and referral sources. Franchisees are generally expected to live within their territory or within approximately a 40-minute drive so they can easily access the properties they manage.
Although the franchise is home-based and offers flexibility in where administrative work is completed, candidates should not view it as a passive or semi-absentee investment. The brand specifically identifies full-time ownership as part of its ideal franchisee profile.
iTrip does not offer direct or indirect financing for franchisees.
“At the end of the day, what I love about iTrip is it's given me an operational, turnkey business out of the gate. I'm making money. As I go into my next year, I expect to double the number of properties I manage and more than double my revenue.”
- Liann DiMare, Franchisee — North Shore, Massachusetts
Visit the iTrip franchise website for more franchisee testimonials and success stories.
The U.S. short-term rental industry generated approximately $72 billion in revenue in 2025. It is projected to reach $125.14 billion by 2033, growing at a 7.3% CAGR from 2026 to 2033, driven in part by increased domestic travel.
iTrip competes with other vacation rental and short-term property management franchises, including Grand Welcome, SkyRun Vacation Rentals and Casago. Like iTrip, these brands allow franchisees to build local property management businesses backed by larger systems, technology and marketing support. iTrip differentiates itself through its home-based model, proprietary technology and distribution network that places properties on more than 80 travel and listing websites.
Complete and submit the contact form on the iTrip franchise website for more information or to get the process started.
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