Travelodge Hotels vs Knights Inn Franchise Comparison

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

Start-Up Costs and Fees
	Travelodge Hotels Franchise	Knights Inn Franchise
Investment	$184,960 - $8,424,593	$93,000 - $6,277,500
Franchise Fee	$35,000 - $38,000	$7,000
Royalty Fee	4.5%	$21/rm./mo.
Advertising Fee	4%	-
Year Founded	1939	1972
Year Franchised	1966	1991
Term Of Agreement	15 years	-
Term Of Agreement	15 years	-
Renewal Fee	-	-
Business Experience Requirements
	Travelodge Hotels Franchise	Knights Inn Franchise
Experience	-	-
Financing Options
	Travelodge Hotels Franchise	Knights Inn Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	Yes/No	-/-
Start-up Costs	Yes/No	-/-
Equipment	No/Yes	-/-
Inventory	Yes/Yes	-/-
Receivables	No/No	-/-
Payroll	No/No	-/-
Training & Support
	Travelodge Hotels Franchise	Knights Inn Franchise
Training	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	-
Marketing	Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app	-
Operations	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
	Travelodge Hotels Franchise	Knights Inn Franchise
US Expansion	Yes	Yes
Canada Expansion	Yes	Yes
International Expansion	Yes	-

Company Overviews

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

About Knights Inn

With about 200 properties - most ideal off major U.S. what's more, Canadian interstates - Knights Inn is an inn network on a mission: to be the favored economy/spending brand for voyagers searching for clean rooms, well disposed administration, and incredible esteem.

As a Knights Inn franchisee, you'll appreciate two upper hands: a very perceived roadside name and steadfast clients. The economy/spending fragment is an extending market, especially on the recreation side, making Knights Inn lodgings consummately situated to serve esteem cognizant clients: families, seniors and mid-level business voyagers.

This inn network has been around quite a while and individuals know the name by heart. Strong organization.