Travelodge Hotels vs Hotel RL Franchise Comparison

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

Start-Up Costs and Fees
 
Travelodge Hotels Franchise
Hotel RL Franchise
Investment $184,960 - $8,424,593$1,335,000 - $36,191,500
Franchise Fee $35,000 - $38,000$40,000 - $75,000
Royalty Fee 4.5%5%
Advertising Fee 4%3.5%
Year Founded 19392005
Year Franchised 19662005
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Travelodge Hotels Franchise
Hotel RL Franchise
Experience --

Financing Options
 
Travelodge Hotels Franchise
Hotel RL 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
Hotel RL 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
Hotel RL Franchise
US Expansion YesYes
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 Hotel RL

"Hotel

Hotel RL is an experience of all things authentic, creative and curious. Offering a taste of the local scene in a laid-back environment, we invite open-minded travelers to work, play and pursue their passions freely. Made for explorers and curious minds, Hotel RL captures the spirit of adventure and creativity within comfortable and modern conveniences designed for a new generation of traveler, complete with exciting lobbies, free Wi-Fi, trained Victrola Coffee baristas, performance spaces, and more surprises along the way.   Stay Curious.

The total investment necessary to begin operation of a 150-room Hotel RL Hotel with a minimal food and beverage offering is estimated to range between $27,849,250 to $36,191,500 for new development and $1,335,000 to $4,001,500 for conversion hotels. These amounts include $90,500 to $111,000 that must be paid to the franchisor. These amounts do not include the cost of purchasing or leasing land or any real estate taxes.