1. Commission & Costs: Please explain your commission structure and any additional costs a homeowner might incur.

Transparent owner costs, no hidden fees.

2. Marketing: Please detail the strategies you utilize to market properties to guests.

Using dynamic pricing, professional revenue management with sophisticated tools providing market price and occupancy data, and local historical and current market experience, we monitor and adjust pricing to maximize revenue per available property. Our units are advertised on all major rental platforms including VRBO, Airbnb, Expedia, Booking.com and Homes & Villas By Marriott Bonvoy, to name a few.

3. Cleaning & Maintenance: Please outline your property management services, including but not limited to cleaning, inspections and maintenance.

We are a full-service vacation rental company. We advertise, set and monitor nightly rates, communicate with guests, coordinate cleaning and maintenance and are your local boots on the ground to care for your property and guests.

4. Communication & Reporting: How do you communicate with homeowners and what types of reports do you provide? Who will I be working with on your team? Will I have a dedicated representative or a team approach?

We email our owners regularly to keep them updated on their property, local regulatory issues and the like. We send monthly Statements just prior to paying them monthly.

5. Financial Management: Please discuss how you handle financial management for the properties you manage. Do you follow trust accounting principles?

We use Trust Accounting when booking monies are collected, and pay owners from that account in the month following completion of a booking. We also pay all State, County and local sales taxes on a monthly basis on the owner's behalf. We issue 1099's at year-end.

6. Technology: What kind of technology do you employ and how does this technology provide benefits to both homeowners and guests?

We have sophisticated back office software, a strong cleaning/maintenance app and subscribe to several powerful pricing tools which provide market pricing and actual real-time occupancy data for our market.

7. Differentiators: What unique aspects set your company apart from other property management companies, especially in terms of advantages to homeowners?

iTrip Keystone is the only nationally-based company with strong ties to the major rental platforms and leading technology with local owner/operators who know the market in Summit County well. We do not use call centers when responding to owners or guests; when you call-we answer 24/7.

8. Guest Damage: What is your approach to managing damages caused by guests? Do you require a security deposit or offer damage insurance? If you opt for insurance, how do you establish the coverage details?

Guest purchases damage coverage or pays a refundable security deposit. The insurance covers accidental damage if reported by guest. Otherwise, the guest is charged for malicious or unreported damages.

9. Revenue Management: Please explain your strategy for revenue management? How do you determine pricing to optimize earnings? Do you utilize dynamic pricing software, manage rates manually, or employ a combination of both methods?

Working with a professional Revenue Management company, we utilize multiple pricing tools that show actual booking rates (not advertised rates) and market occupancy by date. Our rates are reviewed daily and strategies are discussed on a weekly basis or more frequently as conditions may change.

10. Community Involvement and Reputation: Are you involved in the local community and do you support local initiatives?

iTrip Vacations has been very involved over the years with various charitable organizations, free weekly and holiday dinner service and fund raising. Additonally we are involved in the Summit Chamber of Commerce, the Summit Association of Realtors and various organizations working to assure fair and reasonable regulations related to 2nd homeowners and the short-term rental industry.

iTrip LLC - Keystone (Mountain Vista Vacation Properties)

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Headquarters Dillon, Colorado, 80435

Founded In 2014

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Overview

iTrip Vacations Keystone/Dillon/Silverthorne is a full-service vacation rental property management company. As a proud franchisee of iTrip Vacations LLC based in Nashville, we are the only nationally based company in Summit County which has local owner/operators who are experts in the market and are hands-on providing one-of-a-kind service to our clients and guests.

iTrip Vacations is an Elite Partner as designated by VRBO and Penni and Mat Levine (owner/operators) enjoy the designation of Premier Partners, the highest attainable as local managers. These designations are earned quarterly based on strict adherence to multiple key metrics including customer service.

As a national brand with strong resources, our technology is rated as one of the top Property Management Systems in the industry. iTrip has very close affiliations with the major rental platforms including Airbnb, VRBO, Booking.com, Expedia, TripAdvisor and Homes & Villas by Marriott/Bonvoy. Marriott is a higher-end rental platform that accepts only properties that meet their rigorous standards. We are proud to say that our properties are listed on their site

As local owners/operators, we know the Summit County market well and can guide owners and guests in that capacity. We do not rely on out-of-state call centers or contractors who know nothing about the nuances of pricing differences between areas of Keystone, Dillon and Silverthorne. Guests who call for assistance or with questions speak directly with Penni or Mat to get the best information available. We are also available to care for your property with first-hand knowledge of our clients’ goals, objectives and the specifics of their asset.

Let the iTrip Team manage your vacation property to experience the iTrip difference.

What We Offer

Trust Accounting

Property Inspections

Revenue Management/Dynamic Pricing

Local Ownership

Guest Screening/ID Verification

Guest Damage Insurance/Security Deposit Insurance Program

Local Support 24/7

Tax Compliance and Remittance

In-house Cleaning

Keyless Entry Provided

No Startup Fees

Unlimited Owner Use

Property Manager Supplied Metrics

Properties

$315

Average annual daily rate

42%

Average annual occupancy

Property By Type

Homes

2%
Condos

98%

Property By Bedrooms

6+ Bedrooms

-1%
5 Bedrooms

3%
4 Bedrooms

4%
3 Bedrooms

23%
2 Bedrooms

63%
1 Bedroom

8%

Please note that these metrics have been supplied directly by the vacation rental manager and have not been independently verified by Comparent or any other third-party entity. While we strive to present the most accurate and reliable information, Comparent disclaims any responsibility for the accuracy of these metrics.

Airbnb Metrics

3839

Properties

$348

Average daily rate

38%

Average occupancy

Property By Type

Homes

43%
Condos

48%
Other*

9%

Property By Bedrooms

6+ Bedrooms

2%
5 Bedrooms

5%
4 Bedrooms

16%
3 Bedrooms

30%
2 Bedrooms

33%
1 Bedroom

14%

VRBO Metrics

2677

Properties

$362

Average daily rate

37%

Average occupancy

Property By Type

Homes

41%
Condos

50%
Other*

9%

Property By Bedrooms

6+ Bedrooms

2%
5 Bedrooms

4%
4 Bedrooms

16%
3 Bedrooms

28%
2 Bedrooms

34%
1 Bedroom

16%

The metrics and data displayed above are sourced from publicly available information. While Comparent strives to ensure that this information is reliable, please note that the data is not guaranteed for accuracy and should be independently verified. We disclaim any liability for any inaccuracies or omissions in these metrics.

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