Travelodge Hotels vs Budgetel Inns Franchise Comparison

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

Start-Up Costs and Fees

 
Travelodge Hotels Franchise
Budgetel Inns Franchise
Investment $184,960 - $8,424,593$1,000,000
Franchise Fee $35,000 - $38,000N/A
Royalty Fee 4.5%-
Advertising Fee 4%-
Year Founded 1939-
Year Franchised 1966-
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements

 
Travelodge Hotels Franchise
Budgetel Inns Franchise
Experience --

Financing Options

 
Travelodge Hotels Franchise
Budgetel Inns Franchise
  In-House/3rd PartyIn-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
Budgetel Inns 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
Budgetel Inns Franchise
US Expansion Yes-
Canada Expansion 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

*Based on the quantity of partaking properties.

The total investment necessary to begin operation of a Travelodge franchise for a 100 room new construction facility ranges from $5,008,753 to $8,424,593.
The total investment necessary to begin 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.

"Top     "Entrepreneur
#112 in Canada's Top franchises.
#112 in Franchise 500 for 2020.
#338 in Franchise 500 for 2021..




About Budgetel Inns

Welcome to a hotel franchise opportunity that stands alone In today's complex world of mid-priced, limited-service hotel franchise opportunities, it can be hard to differentiate one from another. However, just because you're looking at the limited-service hotel franchise segment, it doesn't mean there should be limits on the service you receive. At America's Best Franchising, we offer a hotel franchise difference that makes all the difference. From the moment you become an ABF franchise owner, and throughout your entire relationship with us, we work with you to ensure success. We do so by offering an exceptionally high level of service and support that is unique in the industry - often at up to half the price of other brands. As you take a closer look at our highly-proven and well-established Country Hearth Inns & Suites, America's Best Inns & Suites, Budgetel Inns & Suites, and 3 Palms Hotels & Resorts hotel franchise brands, it's easy to see why we continue to experience such impressive growth. As a hotel franchisee and business partner, you don't just become part of a corporate structure; you become part of a family. It's a decision you can be 100% confident in, because we are behind you all the way.