Pavilion Launches With 20 Firms, 5,000 Homes, Founder-Owned Model
New York – October 05, 2026 -- Pavilion, a newly launched national vacation rental company, began operations with 20 locally led firms managing more than 5,000 homes and serving approximately 50,000 guests each month across the United States. Four of the founding companies -- Blue Creek Cabins, Destin Pointe Realty, Premium Beach Condos and Rent in Myrtle -- have already merged with other members of the group, leaving 16 operating businesses under the Pavilion umbrella today.
Local operators retain majority ownership under new structure
Unlike typical industry roll-ups, leaders of Pavilion's local companies become long-term shareholders and, together with Pavilion's own management team, own the majority of the business. Co-founder and chairman Joe Fraiman said the structure was designed to reverse an industry pattern in which founders ended up with only a small stake after joining larger platforms.