K9 Resorts ink big Florida franchise agreement

K9 Resorts Luxury Pet Hotel (LPHI) announced that it reached another large agreement.

The latest multi-franchise agreement calls for 13 locations in Florida. The contract is with the brand’s largest group of franchisees, Luxury Pet Hotel Investments, LLC (LPHI). Two of the new locations within this agreement, Wellington and Pompano Beach, are already open to the public.

Looking ahead, LPHI is targeting desirable development markets for the remaining 11 resorts, including Fort Lauderdale and Miami, and expect the next location to open in 2026.

Investment and growth

In March of 2024, LPHI made a $10 million investment into K9 Resorts. The multi-unit franchisees have the rights to open 48 locations across the country with 4 being currently open and another 5 in various stages of development.

Last October, K9 Resorts and LPHI announced they would open a location about 10 minutes away from the LAX Airport. This also marked K9 Resort’s first location near an airport.

“Pet ownership is at an all-time high, and there’s a significant demand in Florida for the premium level of care K9 Resorts is so well known for,” said Phil Nisbet, co-CEO of Luxury Pet Hotel Investments, LLC. “K9 Resorts is in a category of its own – from the brand’s state-of-the-art facilities to their world class, professionally trained employees. We look forward to spearheading K9’s growth in Florida and continuing to provide five-star service to dogs and their families across the country.”

Market trends and sales

K9 Resorts notes that the pet care industry continues to demonstrate strong growth with about $152 billion spent on pets in 2024. Pet boarding alone is expected to reach sales of more than $35 billion by 2031.

“We are thrilled to announce this significant expansion into Florida with Phil and the LPHI team – their commitment to excellence and to our brand is second to none,” said Jason Parker, Co-Founder and CEO of K9 Resorts. “This new deal is a testament to the strength of our brand, dedication of our incredible franchisees, and the accelerating demand for elevated pet care. Our team has big growth goals for this year, and this deal puts us on the fast track to achieving them.”

At this point, K9 Resorts said its luxury pet care franchise has more than 190 resorts across 28 states currently operating or in various stages of development. With pet boarding expected to become a $35.8 billion industry by 2031, K9 is poised to further dominate the sector with its proven franchise opportunity.

Founded in 2005, by Steven and Jason Parker, each K9 Resort is custom-designed with hospital-grade ventilation systems, antimicrobial flooring, cage-free luxury boarding and world-class, professionally trained staff members.