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Budget hotels
The investment required to open a Microtel Inns & Suites Franchise is between $5,709,119-$6,799,356. There is an initial franchise fee of $43,000 which grants you the license to run a business under the Microtel Inns & Suites name.
Wyndham, Masterbuilt In Deal To Make Microtel Inns & Suites Hotels In Canada
The hotel arm of Wyndham Worldwide Corp. and Masterbuilt Hotels Ltd. have entered a master development deal to create more than 75 Microtel Inns & Suites hotels in Canada over the next 25 years.
Masterbuilt Hotels Ltd. is a joint venture between JWI Investments LP, parent company of Western Canad...
Microtel Inns & Suites Economy Lodging Brand Opens 300th Hotel
The Microtel Inns & Suites brand, an all-new construction economy lodging chain recently acquired by Wyndham Hotel Group, celebrated a milestone this week with the opening of its 300th hotel in Delphos, Ohio.
Microtel Inns & SuitesThe 56-room hotel, owned by Group Properties LLC of Delphos, showc...
Microtel, Hawthorn Suites Leadership Team Named
Wyndham Hotel Group has appointed the leadership team for its recently acquired Microtel Inns & Suites and Hawthorn Suites brands.
Roy Flora has been appointed president of the brands. He previously served their parent company, U.S. Franchise Systems, as executive vice president and chief operati...
Microtel Inns & Suites Growth Continues With 100 Executed Agreements In 2007
Microtel Inns & Suites � the chain of all new-constructed, interior corridor economy/limited service hotels � today reported that it achieved its development objectives for 2007, having sold an outstanding number of franchises � 100 � during the year. The brand had a particularly strong fourth quart...
Scad-atlanta Student Wins Microtel Inns & Suites Design Contest
Savannah College of Art and Design-Atlanta students took on the challenge to produce a complete suite guestroom redesign in a competition sponsored by Microtel Inns & Suites, the all new-construction economy/budget hotel chain. The winner, Sabrina Kwon, a candidate for an M.A. in Interior Design in ...
International:
Expense | In-House | Third Party |
---|---|---|
Franchise Fee | No | Yes |
Startup Costs | No | No |
Equipment | No | Yes |
Inventory | No | Yes |
Accounts Receivable | No | Yes |
Payroll | No | Yes |
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising
30% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 12 - 20
Absentee ownership of franchise is allowed.
Business Experience:
Your income potential as a Microtel Inns & Suites Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Legal Disclaimer: This information is not a franchise offering for Microtel Inns & Suites and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Microtel Inns & Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Microtel Inns & Suites
22 Sylvan Wy.,
Parsippany,
NJ
07030