Hotel & Motel Franchise Opportunities
Buying a hotel franchise you acquire a business which will bring you a good profit. Travelling and rest have been nearly the main entertainments of people and they will always be. People prefer to stay at the hotels or motels with the famous brand names which they can rely on. The best motel or hotel franchises for sale require substantial funds. However, investing in the hotel franchise you get a world-known brand name, well set up business processes, trainings on working with people, assistance with management and marketing, brand-related products and many other things included in the franchise offer. The franchisor will assist you at all the stages of running the business and even do some work for you. There are also low cost franchises but with unusual concept on our list like pet hotels, for example.
All in the list of hotel franchise companies involves different opportunities you can choose from. How to buy a hotel franchise? All you need to do is to read carefully the information about the hotel franchises, match their concepts with your passions and the amount of investments with the funds you have available, and send the request. If you have any question to us, don't hesitate to ask it and we will be happy to give you as much detailed information as possible.
Benefits of owning a Hotel & Motel Franchise
- $142 billion U.S. dollars
- Revenue is expected to show an annual growth rate (CAGR 2018-2023) of 6.4%, resulting in a market volume of $193.851 billion U.S. dollars by 2023.
- – Growing demand for hotels franchises;
- – Booming travel and tourism industry;
- – Increasing demand in the budget hotels;
- – Advancements in Technology;
- – Consumer Shift in Asset Valuation.
- – Experience in marketing, finance and customer services;
- – Online reputation impacts revenue potential;
- – Lack of barriers to entry franchises;
- – The increase in the number of potential customers in this industry.
- – Use social to booking;
- – Make it easy to be found online;
- – Introducing new initiatives to reflect market changes;
- – Group Accommodations;
- – Security & Liability.
- – Demand for luxurious lifestyle;
- – Online reviews and other types of user-generated content;
- – Travelers don’t focus on star ratings or other industry classifications;
- – Information technology in the Hotel Industry.
- – Hotel size or number of rooms: Under 200 rooms, 200 to 399 rooms, 400 to 700 rooms, more than 700 rooms;
- – Target markets: business, airport, suites, residential, resort, timeshare, casino, convention and conference hotels;
- – Levels of service: World class service, Mid-range service, Budget/Limited service;
- – Ownership and affiliation: Single owner, Chain hotels.
Top 10 Hotel & Motel Franchises
- Marriott International, Inc.
- InterContinental Hotels
- Wyndham Hotel Group
- Choice Hotels
- Hilton Hotels
- Holiday Inn and Holiday Inn Express
- Red Roof Inn
- Motel 6
- Baymont by Wyndham
- Red Lion Hotels
