Hospitality vs Travelodge Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hospitality vs Travelodge Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hospitality Franchise
Travelodge Hotels Franchise
Investment $133,600 - $2,602,000$184,960 - $8,424,593
Franchise Fee $5,000 - $15,000$35,000 - $38,000
Royalty Fee $35/rm/night4.5%
Advertising Fee -4%
Year Founded 19711939
Year Franchised 19821966
Term Of Agreement 5 years15 years
Term Of Agreement 5 years15 years
Renewal Fee --


Business Experience Requirements

 
Hospitality Franchise
Travelodge Hotels Franchise
Experience --

Financing Options

 
Hospitality Franchise
Travelodge Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/No
Start-up Costs No/NoYes/No
Equipment No/NoNo/Yes
Inventory No/NoYes/Yes
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Hospitality Franchise
Travelodge Hotels Franchise
Training Classroom Training: 10.5 hours Additional Training: At regional training seminars On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Ad Templates Regional Advertising Social media Website development Email marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 15

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 25

Absentee ownership of franchise is allowed.


Expansion Plans

 
Hospitality Franchise
Travelodge Hotels Franchise
US Expansion YesYes
Canada Expansion YesYes
International Expansion YesYes

Company Overviews

About Hospitality

Southern Scottish Inns Inc. and Red Carpet Inns Int'l. Inc. founded Hospitality Int'l. Inc. in 1982.

"Entrepreneur
#446 in Franchise 500 for 2020.

About Travelodge Hotels

Building temporary worker Scott King opened his first motel, King's Auto Court in 1935- - so as to welcome visitors going to San Diego's World's Fair. Throughout the following five years, he opened 24 more inns around Southern California. The first under the name Travelodge opened in 1940, and this turned into the name of Scott's organization in 1946. Today Travelodge is a piece of the Wyndham Worldwide gathering of lodging networks.

Known for offering high caliber, agreeable, yet reasonable rooms, Travelodge inns advance to many markets including families, seniors and business voyagers. With about 500 Travelodge areas all through the United States, Canada and Mexico, we keep on expanding our offerings to meet our visitors' differing needs. We offer projects and courtesies including:

* Wyndham Rewards, the world's biggest lodging rewards program*
* Best Available Rate Guarantee, guaranteeing that visitors locate our most minimal rate on the Internet
* Pet Friendly Locations
* Bear Bites complimentary breakfast which incorporates newly blended espresso, squeezed orange, arranged bagels, biscuits or baked goods
* Bear Basics in-room courtesies, our new drain and nectar scented lavatory luxuries
* Free day by day daily papers * In-room espresso
* Pools and/or meeting rooms at numerous areas
* Sleepy Bear Den rooms at numerous areas

*Based on the quantity of partaking properties.

The total investment necessary to begin operation of a Travelodge franchise for a 100 room new construction facility ranges from $5,008,753 to $8,424,593.
The total investment necessary to begin operation of a Travelodge franchise for a 100 room conversion facility ranges from $184,960 to
$2,281,055. Land acquisition costs are not included in these ranges. The above amounts include a range of $43,600 to $72,925 that must be paid to the franchisor or an affiliate.

"Top     "Entrepreneur
#112 in Canada's Top franchises.
#112 in Franchise 500 for 2020.
#338 in Franchise 500 for 2021..