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Updated RecentlyCruise Holidays vs Vasco Travel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cruise Holidays vs Vasco Travel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,500 - $72,800 | $40,000 - $60,000 |
| Franchise Fee | $9,500 - $30,000 | $25,000 |
| Royalty Fee | up to 3% | - |
| Advertising Fee | - | - |
| Year Founded | 1984 | - |
| Year Franchised | 1984 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | none | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 | Our marketing objective is to broaden the VASCO TRAVEL name and trademark using every possible medium, allowing our franchisees to benefit from our established reputation. This will allow the franchisee increased name recognition within their own territory and across Canada. Over and above the general marketing for all franchisees, Vasco Travel also allows each franchisee to do its own local marketing in the media format of its choice. |
| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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 Vasco Travel
Our trademark is well known by consumers and is synonymous with quality in the travel industry. Vasco Travel and Gama Travel Group were named Best Travel Agency in the province of Quebec in 2004, 2005 and again in 2008. We have put together a professional team of employees dedicated to helping you in every aspect of your travel agency operation. Whether for customer service, technical support, or just simple advice, our team consistently continues to develop new tools and services to help you increase your efficiency and profitability. As the leader in the travel agency franchise business Vasco is forced to not only keep up to industry pace, but to innovate, create and deliver. Vasco Travel gives its franchisors the tools needed to run a successful business and a team of people to support you. Whether you are new to the travel industry or have been working in it for years, Vasco Travel will make owning your own agency effortless and more importantly, profitable.