Grand Welcome is blazing the trail in a highly fragmented industry. In the short-term vacation rental industry, there are only a few large national, non-franchised competitors who are collectively managing tens of thousands of properties. On the other side of the spectrum, there are literally tens of thousands of local boutique managers all individually managing less than 20 properties. In fact, only 10% of vacation rental managers are managing over 100 properties.
Grand Welcome combines the best of both worlds, coupling all of the efficiencies one would expect with the large national short-term managers, but with the local boutique feel and style of the smaller individual managers. We are doing it through franchising, which places the emphasis on locally owned and operated franchisees taking advantage of a proven model, systems, technology and processes to help them generate success quickly.