Enterprise Europe Network

Croatian travel agency offers franchise agency agreement and tailored tools software for vacation rental owners

Country of origin:
Country: 
CROATIA
Opportunity:
External Id: 
BOHR20190408001
Published
03/05/2019
Last update
27/04/2020
Expiration date
30/10/2020

Keywords

Partner keyword: 
Operating systems and utilities
Other leisure and recreational products and services
Hotels and resorts
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Summary

Summary: 
A Croatian company is the leading online provider of private accommodation in Croatia, Slovenia, Bosnia and Herzegovina, Serbia and Montenegro. The company plans to expand to other countries under a franchise agency agreement offering their recognizable brand and “know how”.

Description

Description: 

The Croatian company is a travel agency which connects travelers to vacation rental owners, including other services related to vacation rentals and travel experience. The company started in 2011, and today it manages more than 5,000 accommodation units with continuous growth. It is currently one of the leading online organizers of privately owned accommodation in the region, based in Dubrovnik, Croatia and regional offices and franchises in Makarska, Split, Šibenik, Zadar, Zagreb, Istria, Montenegro, Bosnia and Herzegovina, Slovenia, Serbia and Peru. They achieved over 300 000 reservations and brought almost a million guests. One of the largest travel e-commerce companies has put this company among 11 best in the world and also, company's software is recognized by famous online marketplace who has put it among 15 best in the world (among 2 in Europe).
With innovative approach and the development of an advanced information system, they allow their partners – vacation rental owners to improve their occupancy rate and earnings, especially in the preseason and postseason.
The main idea of the agency is to link renters and travelers. The greater efficiency and occupancy rate of facilities is enabled through a range of services: advertising, monitoring and price regulation, consulting, communication with guests etc. As cooperation with this company increases, renter’s income increases too. So this cooperation is a win-win situation.
The company is offering its trademark or process to potential franchisees in order to sign franchise agency agreement.
The company also developed their own channel manager (software). This software is a set of tools tailored for vacation rental owners, developed through years of experience. It enables it's users to increase revenue by networking with leading worldwide booking channels and travel e-commerce companies, without the risk of overlapping reservations. It provides simpler solutions to daily obligations of the renters.

Advantages & innovations

Cooperation plus value: 
- A recognizable brand and a proven business model that is constantly evolving and improving and generates significant revenue, - Information system that automates processes and facilitates business, - Own channel manager - (special software which will improve and increase revenue of it's users)

Stage of development

Cooperation stage dev stage: 
Already on the market

Partner sought

Cooperation area: 
The company is looking for business entities in tourism industry (travel and tourism agencies) Role of the partner: acquisition of new properties in the area, finding new partners for activities and trip offers, initial training for owners and business partners. This is an ideal model of investing in a business for all those who do not want to learn from their own mistakes, but prefer already tried and tested successful model. The company is offering its trademark or process to potential franchisees in order to sign franchise agency agreement.

Type and size

Cooperation task: 
SME 11-50,SME <10,SME 51-250