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Updated RecentlyCruise Holidays vs Travel Network Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cruise Holidays vs Travel Network 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 | $34,200 - $99,000 |
| Franchise Fee | $9,500 - $30,000 | $3,950 - $29,900 |
| Royalty Fee | up to 3% | $250-750/mo. |
| Advertising Fee | - | - |
| Year Founded | 1984 | 1982 |
| Year Franchised | 1984 | 1983 |
| Term Of Agreement | 5 years | 15 years |
| Term Of Agreement | 5 years | 15 years |
| Renewal Fee | none | $500 |
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 | Yes/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National online marketing, Direct on Demand marketing, "On Your Behalf" marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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) |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | 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 Travel Network
Travel Network Ltd. was founded in 1982 and began franchising in 1983. In 1998 it was acquired by Global Travel Network LLC, which operates Travel Network, Global Travel Network, Power Partners, Etravnet Agency and Vacation Central. The company is based in Englewood Cliffs, New Jersey, and has more than 500 locations throughout the United States and internationally.