Top Hotel Franchises

First on our list of top hotel franchises is Choice Hotels. Choice provides its franchisees with property management systems, reservation schemes and training programs that will have customers coming to your business in droves. Choice is also committed to providing franchisees with emerging markets team members who support the first time owners and make their new endeavor less stressful.

Many people would ask why you should start a hotel franchise in the first place. Well, the hotel industry is growing. In fact, in 2006, hotel revenues totaled over $133 billion with roughly 52% of gross hotel operating profit margins. That was excluding beverage and food options, having a lager ROI potential than the vast majority of businesses. And since the 1990s, profits and revenue have almost doubled. So as you can see, franchise hotel ownership has high potential as a wealth-building asset as well.

Starting a new business is always daunting and time consuming, however choosing a company that has created many successful businesses and that has a very strong track record can help quite a bit. But why Choice Hotels do you ask? They simply deliver business to your franchise. Their reservations system ended up netting their franchises a total of $2 billion dollars just in 2007. Coupled with their national marketing schemes and sales force, customers will begin to show up on your front doorstep in no time. Some very compelling reasons to become a franchisee of Choice Hotels:

Dedicated team members who will make your hotel industry transition an amazingly seamless process.
They are one of the worlds largest and leading hotel franchisers
You are given an outstanding set of services, resources, property management systems and training programs designed for efficient operations and maximized profitability.

Choice Hotels spends roughly $175 million each year in order to market and advertise to potential customers whilst raising brand awareness at the same time.

And not to mention the fact that Choice Hotels portfolio consist of many top hotel franchises like Comfort Suites, Comfort Inn, Clarion, Sleep Inn, Quality, Main Stay Suites, Cambria Suites, Rode way Inn, Suburban Extended Stay Hotels and the Econo Lodge.

Wingate by Wyndham

Next up on the list of top hotel franchises is Wingate by Wyndham. These hotels are all newly constructed and feature standard amenities, all-inclusive pricing and were designed using input from travel agents, seasoned travelers and hotel developers in order to be an upper mid-market business hotel with limited service. And between Canada and the U.S., they have 160 hotels in operation as of today. The Wyndham Hotel Group, the largest franchisor in the World, owns Wingate by Wyndham. They are the largest franchisor because they own 10 different lodging brands on six continents with a grand total of 6,500 hotels and 535,000 total rooms.

The Wyndham Hotel Group will spare no expense when it comes to its support and services programs. Whether in Canada or the U.S., they will help their franchisees whilst undergoing the development of their hotel and will provide them with guidance and training so they better understand how to run an efficient and profitable venture. Their franchise support consist of:

* National marketing campaigns.

* Trip rewards.

* Procurement and design services.

* Global sales assistance.

* Training.

* Support with field operations.

Wingate by Wyndham franchisees also benefit from extensive training, central reservations system access, reliable support staff, a tool that tracks your guest’s satisfaction and the ability to participate in the Trip Rewards program which is a hotel rewards scheme.

Edward Dean is an accomplished website developer and author. To learn more about Top Hotel Franchises [http://fitnesscenters.hotel-franchising.com/top-hotel-franchises] visit Hotel Franchising [http://hotel-franchising.com] for current articles and discussions.

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List of Hotel Franchises

More than fifty percent of travelers who stay at hotels book their vacations using the internet. People are more likely to take more trips in the next coming years than ever before. This is where the ever-popular list of hotel franchises comes in handy. From hotels.com to orbits, familiar traveling sites are the wave of the future, riding in their wake hotel franchises. As long as people continue to travel and go on vacation, they will always need to stay in hotels. Hence, hotel franchises will continue to be a hot item in the franchising world.

From beach resorts to hotel businesses, they all offer something for the potential buyer. While hotel businesses have the advantage of a brand-name and awesome support, beach resorts have the added bonus of being able to live on the same property as your business. Each one has its advantages, and it is certainly up to the potential buyer which way they wish to go.

Every good franchiser needs a list of hotel franchises in their repertoire. Growing by the day, the hotel business is booming, and hotels are rapidly becoming the way to go. So whether you’re compiling a list of hotel franchises or looking to grow a very profitable business out of a franchise, these businesses have it all.

Microtel Inns and Suites offer a fast-growing hotel franchise with all-new, modern construction, as well as having a reputation for satisfaction from customers world-wide. Microtel’s awesome track record of development success, good operating performance and strong growth in the hotel business market sets them apart from the competition, a good choice for any hotel franchiser.

Specializing in Property, Yachting and Business Opportunities, Villa Marine Lifestyles is another way to go, just a bit off from the norm. This hotel franchise business has a little bit of a twist, and is not your common, run-of-the-mill hotel chain. Villa Marine Lifestyles is a web-based business you can operate from anywhere in the world, as long as you have an internet connection.

Featuring customized vacation plans and value for clients, e-tickets is one franchise that can’t be beat. Specializing in a variety of travel destinations requiring specific know-how, you can choose between skiing, golf, honeymoons, cruises and much more. This one’s a good one for anybody wanting to work in the customized field of hotel business.

Founded in 1940, Choice Hotels has a minimum franchising fee of ten thousand dollars, but it’s more than worth it. With training, financing and support available, Choice Hotels has more than fifty years experience bringing all this plus a whole lot more to its franchisees.

Would you like to live at a ski or beach resort and run a successful business? With Skyrun Vacation Rentals and Property Management Franchises, it’s not only possible, it’s probable! Vacation rentals at beach and ski vacation resorts are a thing of the future, putting together ski and beach vacations and vacation rentals.

Edward Dean is an accomplished website developer and author. To learn more about List of Hotel Franchises [http://fitnesscenters.hotel-franchising.com/list-of-hotel-franchises] visit Hotel Franchising [http://hotel-franchising.com] for current articles and discussions.
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How to Start a Franchise

You may be interested in starting your own hotel business. Instead of just trying to open your own hotel, you may want to open a franchise so that you can take advantage of using a trusted name in the hotel industry. A hotel franchise can be a great opportunity. Tourism is one of the biggest industries in the world. Travelers will always be in need of places to stay. However, you probably wonder how to start a hotel franchise. There are many things to take into consideration when starting a hotel franchise. Below is a short discussion of a few of the factors to consider.

Find the Right Franchise

The first step in figuring out how to start a hotel franchise is deciding which franchise to pick. There are many different hotel franchises that are available to you. Finding which franchise is the best fit for you situation will take some work; you definitely will not want to just sign up for the first hotel franchise you run across. There are many factors to consider. Some of these factors are franchise fee, popularity of hotel, national versus regional appeal, how many other franchises are in the area you want to be in, and benefits offered by the franchiser.

There are many different places you can find information about hotel franchises. You can start by requesting information from each individual franchiser. You can also seek information from a magazine or Internet site that focuses on hotel franchises. Also, if you know any other hotel franchise owners, you should ask them for advice on which hotel would be good for you.

Location

After you decide which hotel franchise to open, the next step will be to find the right location. There are many factors that you will need to consider. One thing to consider is your own mobility. If you cannot move from your current location, then you will have to find a franchise that will allow you to open the hotel in the area in which you currently live.

If you do have the ability to open a hotel franchise anywhere, you may want to consider opening it in an area where tourism is big. This will give you a good base of potential customers to attract. Also, you will want to find an area where there is still demand for a hotel. In some areas, there are so many hotels that your startup may not be able to survive in that area.

The franchiser will likely have some advice and will be able to help you decide where to open up your hotel.

Advertise

Once you open up your hotel franchise, you must attract customers, otherwise your business will fail. At the beginning of your franchise, you will likely work closely with the franchiser in deciding how to advertise your hotel. You might also want to contact travel magazines and see if you can advertise in those.

Enjoy the Work

Do not get too caught up in the ins and outs of how to start a hotel franchise. It is hard work; however, you should have fun doing it as it can be a very enjoyable and profitable business.

Edward Dean is an accomplished website developer and author. To learn more about Start a Hotel Franchise [http://fitnesscenters.hotel-franchising.com/how-to-start-a-hotel-franchise] visit Hotel Franchising [http://hotel-franchising.com] for current articles and discussions.
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Hotel Development – From Concept to Action

There are few business activities as complex, and at the same time, as financially rewarding, as hotel development. As in any endeavor of this nature, in addition to having the idea to develop, which means literally, from the American Heritage Dictionary, “to bring it to being”, “to expand or to realize the potential”, or” to convert to a specific purpose, such as a tract of land”, one must have, or acquire, the expertise in the finished product to be developed.

For an individual or partnership, there is more than one way to acquire the product expertise. The most obvious is to start a partnership where one or more of the partners have hotel development experience or hotel operating expertise. The latter experience is especially helpful when considering the project, in regards to what type of hotel would be built, business oriented, tourist location, resort, full service, limited service, high-rise, low-rise, high density or otherwise, to name a few.

A hotel encompasses so many different types and kinds of properties, that there is no single prototype to define the concept, except that it is primarily a facility that provides temporary overnight lodging. It also may or may not include amenities such as food and beverage services, vehicle parking, and a host of other services, depending on the type. This wide diversity is precisely why the trade association for hotels has changed their name from the American Hotel Association, to the American Hotel and Motel Association, and then to today’s name, the American Lodging Association.

So, where to start? With the chicken or the egg, find a tract of land near hotel business generators to support a hotel and then decide what kind of hotel would fit on that land, bearing in mind parking, on grade, a subterranean garage, etc., or have a particular kind of hotel development product in mind and look for a site to accommodate such hotel development product. The latter appears to make the most sense, that is, to look for land to allow the building of the hotel and its amenities of a product that you have in mind to begin with. The reason for this is threefold:

  1. Based on the opening two paragraphs, you and/or your partners have developed an idea of what you are trying to do even if it is an incomplete vision. You already have in mind the area and a rough classification, city, suburbs, highway, and what the generators are, business travelers, tourists, university students, etc.
  2. To finance, and succeed in the hotel development business, you will have to have a franchise. There are no more “Dew Drop Inns” or other complete independents being built, due to brand awareness among the traveling public, offering service and safety assurances in every price category. So you need to have an idea of what franchises are out there and at least their rough site requirements.
  3. Every hotel franchisor has a complete prototype of their hotel development property, together with the site requirements to accommodate them. So to look for a site without knowing what you are looking for is counter- productive. Zero in on the sites that fit your franchise requirement, and develop and build from the franchisors prototype.

So there you have it. Visit online with Google or other search engines to find a list of hotel development franchisors. Contact those of your choice asking each of them for a UFOC (Uniform Franchise Offering Circular).

Consider all of their qualifications, conditions and fees as well as the type of hotel property to develop, check the area competition, and begin you search with established parameters from several franchisors for your site.

Edward Dean is an accomplished website developer and author. To learn more about Hotel Development from Concept to Action [http://fitnesscenters.hotel-franchising.com/hotel-development-from-concept-to-action] visit Hotel Franchising [http://hotel-franchising.com] for current articles and discussions.
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Franchise Hotel Management

The late Tip O’Neill, a wise old politician and Speaker of the House, on his profession, opinioned that “all politics is local”. So it is with Hotel Management. The top ranked brand-name chain image, their franchise quality control programs, their franchise support department, even the vaunted high-tech central reservation system, while all necessary, are not as effective in insuring the commercial success of the hotel property as much as dedicated local management.

If you are considering an investment for a franchised hotel, you are aware that both the risks and rewards are significant. With that awareness, as many investors in your position have done, you may be tempted to turn over your hotel franchise management to your franchisor, especially if that company successfully operates their own properties, for example, companies like Marriott, Hilton, Sheraton, or Holiday Inns. Sounds prudent, because they have the know-how and experience to draw on, that you don’t, and being astute, you know management is most important. But that may be a major mistake. Here’s why:

  1. If you are an independent franchisee, chances are your hotel is not large by chain standards; while approximately 75% of all properties are franchised, most are under 200 rooms.
  2. The franchisor/operator will provide you with a management contract making them the Management Operator over a specified period of years, perhaps as little as 5, and as many as 20. In that contract, the Management Operator will receive a fixed rate, usually based on a percentage of the total sales, and a supplemental fee against a percentage of the operating profit, i.e. before fixed expenses called an “incentive fee”. The management fee, of course. will include the manager’s salary that they provide, but the actual fee will be many time his salary and will include various charges for reservations, marketing, and other services as a part of the regional and national network of operated hotels. But that’s not the major concern; this is: the manager selected for your 125 room property will be at the lower end of the experience scale so that his salary will be commensurate with the size of the property!
    So now, you may have a problem. You’re going to have a real nice hotel in a superb location with excellent amenities and a great brand. However, you need good local management, but you are not sure if you are qualified to select and supervise one, nor even be able to tell if he is doing a good job. On the other hand, you’re not comfortable with turning over your operation to a young person whose supervision you are not sure of. Besides, you don’t have that control over your operation in a franchisor Management Contract, and while there are incentive fees provided the operator for a more profitable operation, there is no real downside for a franchisor operator if the hotel is less profitable than expected. After all, they will still get their fixed fee, even if you have trouble making your mortgage. There has got to be a third way. There is:
  3. Look into the great number of smaller hotel management companies that do only that. They don’t own and they don’t franchise and they don’t have that tremendous overhead that large chains need to spread among their operations and franchisees. What they do have is years of hotel operating experience, managing hotels in many instances of 500 to 1000 rooms as well as all the smaller ones along the way. They also may put in a younger less experienced local manager, but they will monitor him, teach, and guide him as much as required because that is their livelihood. They want to keep their clients and gain new ones from recommendations.

Finally, the independent management companies will be most receptive in terms of flexibility in negotiating the management contract with shorter terms, owner/management meetings and options, and even in difficult economic circumstances, set aside a portion of the fixed fee to the extent of the mortgage shortfall, and of course all of the services provided by the franchise are still available to the operator through the owner.

Focused, supervised local management, a motivated staff, and a management company committed to the owner’s success will result in satisfied guests and a high rate of return, both in guests and investment.

Edward Dean is an accomplished website developer and author. To learn more about franchise-hotel-management [http://hotel-franchising.com/franchise-hotel-management] visit Hotel Franchising [http://hotel-franchising.com] for current articles and discussions.
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