About Us
Who is Grand Welcome?
Grand Welcome franchisees specialize in short-term rentals and property management, serving guests and property owners within the vacation rental industry.We offer entrepreneurs a turnkey business model that combines comprehensive operational support, cutting edge technology, and strategic marketing—all designed to transform vacation properties into profitable, guest-centric experiences. With a commitment to innovation and excellence, Grand Welcome empowers its franchisees to make money managing an extensive portfolio of vacation properties available for short-term rental.
Vacation Rental Industry
Dimension Market Research reported that the 2024 U.S. short-term rental market revenue exceeded $42 Billion. They expect the market to continue to grow exponentially, exceeding $103 Billion by 2033.
With a current inventory of over 2.4 million vacation rental listings, Grand Welcome franchisees benefit from a large and growing number of available short-term rental options to manage.
Because property owners currently own 2.4 million properties needing leasing, cleaning, and other management services, Grand Welcome franchisees have ample opportunity to expand their businesses.
Because $42 billion is already changing hands, market demand remains high.
Grand Welcome franchisees earn income by managing and leasing an extensive portfolio of diverse vacation properties without incurring the financial risks and responsibilities of ownership.
Fun facts
- Average nightly rates in popular vacation destinations range from $150 per night for a single rental to $978 per night for a family-sized rental.
- Customers book 70-80% of all travel online.*
- 53% of pet owners travel with their pets.*
- 85% of travelers take trips within 250 miles of their home.*
- 64% of travelers with children choose vacation rentals to save money by cooking meals.*
- 42% of travelers take more than one trip yearly and stay in vacation rentals.
- 60% of travelers prefer to spend their vacations near water.*
- 38% of travelers prefer to be on the coast.
- 28% prefer mountainous vacations.
- 70% of travelers seek recommendations on social media when planning a trip.
- Kitchens are the top amenity 60% vacation rental travelers look for when booking a vacation rental.
Who rents vacation properties?
- 65% of Gen Z travelers have stayed in a vacation rental, such as a home or condo.
- 68% of millennial travelers have rented a vacation home from an online marketplace like Airbnb or HomeAway.*
- 40% of Gen-X travelers have rented a vacation rental from an online marketplace like Airbnb or HomeAway.*
- 24% of Baby Boomers have rented a vacation rental from an online marketplace like Airbnb or HomeAway.*
- 62% of travelers with children have booked on VRBO in the past 3 years