|
Below is an in-depth analysis and side-by-side comparison of Passport Inn vs Aloft hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $133,600 - $2,602,000 | $10,358,360 - $26,620,860 |
Franchise Fee | $6,000 - $16,000 | $185,050 - $258,650 |
Royalty Fee | 3% | 5.5% |
Advertising Fee | 2.5% | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Passport Inn and Passport Inn & Suites provide a great value in the franchise arena while maintaining reasonable franchise standards and receiving the benefits of belonging to a franchise system. Many Passport Inns are smaller properties located in resort locations. They are typically limited service facilities with economy level room rates as dictated by their local markets. Hospitality International, Inc. franchisees have a vast array of opportunities to help attract guests through the capabilities of our state-of-the-art reservation system.