Cruise Holidays vs My Destination Franchise Comparison

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

Start-Up Costs and Fees

 
Cruise Holidays Franchise
My Destination Franchise
Investment $9,500 - $72,800$20,000 - $50,000
Franchise Fee $9,500 - $30,000N/A
Royalty Fee up to 3%500/month
Advertising Fee --
Year Founded 1984-
Year Franchised 1984-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee none-


Business Experience Requirements

 
Cruise Holidays Franchise
My Destination Franchise
Experience --

Financing Options

 
Cruise Holidays Franchise
My Destination Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Cruise Holidays Franchise
My Destination Franchise
Training --
Support E-Newsletter, Annual Convention, initial and ongoing training opportunities, Toll-free phone line and e-mail support, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National online marketing, Direct on Demand marketing, "On Your Behalf" marketing-
Operations Number of employees needed to run franchised unit: 1 for home-based; 2 for storefront

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans

 
Cruise Holidays Franchise
My Destination Franchise
US Expansion --
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Cruise Holidays

Founded in 1984, Cruise Holidays is North America's largest cruise-specialty retail franchise, with more than 200 locations in the United States and Canada. As our name suggests, our retail travel stores as well as our home-based franchise owners specialize in cruise travel, providing unparalleled expertise in matching clients with the cruise ships and destinations that are right for them.Cruise Holidays' parent company, Travel Leaders Group, is a travel agency powerhouse with approximately 1,300 franchised and wholly-owned agencies under a variety of brand names. Cruise Holidays is based in Minneapolis, MN, with a Canadian head office in London, ON. Because of the size of the Cruise Holidays network, the proven expertise of its owners and agents and the unparalleled strength of its industry connections, Cruise Holidays is considered by many of the world's best cruise lines and travel suppliers to be a distribution system of choice. As a result, Cruise Holidays can offer its clients an amazing array of cruise vacations at highly competitive prices. And since Cruise Holidays agents can arrange travel on any cruise line in the world, the list of destinations seems endless. Cruise Holidays is also a distinguished provider of land-based vacations.

About My Destination

At My Destination we pride ourselves on creating a franchise structure that is not only very supportive but also great fun to be a part of. In general we are in contact with our franchisees on a daily basis, helping each other to maximise the potential of each individual site as well as the mydestinationinfo.com network. We also see our franchise network as more of a partnership, each person bringing new things that all of us in the network can benefit from thanks to everyone's backgrounds and skills. By taking advantage of this we are able to continually improve and diversify the business in ways that an individual on their own could not do. My Destination is focused on providing websites that offer unrivalled levels of local information; everything a traveller could want to know and all in one place! Developed with the latest internet technologies to embrace the power of 'Social Media' and 'Visitor Interaction'...and combining these with online booking engines....each My Destination site brings the best of the internet to the destination. One of the most important factors that has lead to the overwhelming success of My Destination is the partnerships in each destination with local residents; individuals and organizations whom are passionate and enthusiastic about their destination and are well placed within the community to help promote all of the tourist companies in the destination to the thousands of potential tourists whom will use the site. If this sounds like an exciting opportunity to you then please contact us.