| ||||
Updated RecentlyTravelodge Hotels Franchise
Hotels & motels
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
franchise for a 100 room new construction facility ranges from
$5,008,753 to $8,424,593.
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.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Travelodge Hotels Franchise?
The investment required to open a Travelodge Hotels Franchise is between $184,960-$8,424,593. There is an initial franchise fee of $35,000-$38,000 which grants you the license to run a business under the Travelodge Hotels name.
Individual Unit Costs
- Initial Investment:
$184,960-$8,424,593 - Initial Franchise Fee:
$35,000-$38,000 - Royalty Fee:
4.5% - Advertising Fee:
4% - Term of Agreement:
15 years
Click here to compare with
franchises similar to Travelodge Hotels
Travelodge Expansion To Create 1,000 Jobs Across Britain This Year
A hotel chain is to create 1,000 jobs across the UK this year under a £100m investment programme.
Travelodge said it will open 15 new hotels, adding to the 500 it already runs, with five of the new ones located in London, strengthening its position as the biggest hotel group in the capital.
...
Hotel Industry Veteran Named To Lead Wyndham Hotel Group Communications
Wyndham Hotel Group, the world's largest franchisor of hotels, today announced the appointment of lodging industry communications veteran Cary Broussard as vice president of communications, responsible for the development and implementation of the business unit's global external and internal communi...
Travelodge Canada Hires New Franchise Development Manager To Support Aggressive Brand Growth
Travelodge Canada continues its strategy of brand growth through high quality property acquisitions with the appointment of Rick Keene as Manager, Franchise Development. Keene joins the brand this month and will work closely with the Travelodge executive team to bring more lodging properties into th...
CENDANT COMMENTS ON FINANCIAL IMPACT OF HURRICANE KATRINA
Cendant Corporation (NYSE: CD) today commented on the expected impact of Hurricane Katrina on its results of operations.
Cendant's President and Chief Financial Officer, Ronald L. Nelson, stated: "Like all companies doing business in the Gulf Coast and Southeast, our operations in those areas ha...
Cendant Contracts Vrx To Photograph Travelodge And Howard Johnson Hotels
VRX Worldwide Inc. (TSX-V: VRW) announced today that its wholly owned subsidiary, VRX Studios Inc. ("VRX"), will take hotel photographs for Cendant Hotel Group for display on the Howard Johnson and Travelodge brand Web sites and publication in advertising and marketing materials.
Based on the suc...
Travelodge Hotels News & Press Releases
When did Travelodge Hotels start Franchising? 1966
United States: Nationwide
International: Worldwide
Canada: Nationwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | Yes | No |
| Equipment | No | Yes |
| Inventory | Yes | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): leasing companies
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
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.
To calculate how much income a franchise owner can do at Travelodge Hotels Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
16 Other Franchises in this Family
- AmeriHost Franchise Systems
- Baymont by Wyndham
- Days Inns Worldwide
- Dolce by Wyndham
- Hawthorn Suites
- Howard Johnson
- Microtel Inns & Suites
- Ramada Worldwide
- Super 8
- The Registry Collection Hotels
- Trademark Collection Hotel
- TRYP by Wyndham
- Wingate by Wyndham
- Wyndham Garden
- Wyndham Grand
- Wyndham Hotels & Resorts
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Travelodge Hotels 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 Travelodge Hotels franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Travelodge Hotels
Travelodge Hotels
22 Sylvan Wy.
Parsippany,
NJ
07054