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.
* 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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