Do you want to start a hotel business franchise but you lack ideas? If YES, here are 50 best profitable hotel franchise opportunities for sale and their cost.
Lodging is a huge and still growing industry in the world today. Because the world’s population is now more mobile than ever, the hotel and lodging industry is also growing in sync. Last year, the industry generated 4 billion in revenue with nearly 28,475 lodging franchise establishments in the United States.
Why Buy a Hotel Franchise?
These lodging franchises include hotels, motels, and other accommodations. There was an average occupancy rate of 64.4% with roughly 4.8 million guests each night.
The industry employed 1.9 million workers and analysts expect employment to continue to grow, providing jobs to a very diverse group of employees occupying both low and high skill and wage positions.
Another trend that is noticed in the hotel industry is that entrepreneurs who want to start a business in the industry are increasingly embracing hotel franchising as against setting up their own hotel brands. Franchising hotels and motels is appealing because the recognized brand name that these parent hotels carry can be extremely important.
Each name comes with its own reputation in terms of the quality of its facilities and cost, thus helping franchisees under them to get a foothold, fast. Often, chains have multiple brands representing different levels of service in the industry.
The future for the hotel industry looks bright, with demand-growth expected to outpace supply-growth through at least 2022. This is the reason why the hospitality industry is a good place to pitch your investment tent this season.
With investors increasingly embracing franchises, we have analyzed a couple of good hotel franchises you can buy into in the United States. Knowing that hoteling is an expensive business, we have picked out upscale, medium scale and low scale hotels, so as to suit every budget size.
Best Hotel Business Franchise Opportunities for Sale
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Hilton Hotels and Resorts
Hilton is part of the portfolio of brands at Hilton Worldwide, which has hotels in more than 90 countries of the world. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by Hilton, Curio – A Collection by Hilton, Canopy by Hilton and Hilton Grand Vacations.
Founded in 1919, Hilton Hotels and Resorts has a worldwide appeal and franchises can be accepted from most countries. If you are seeking an upscale hotel to franchise with, then this is one of your best bet. This vast company is ranked number 56 in the franchise 500 ranking.
Financial Requirements
- Initial Investment – $29,162,700 – $111,936,150
- Initial Franchise Fee – $75,000 – $75,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 4%
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Red Roof Inn
Red Roof Inn was founded in 1972 by James Trueman and it started franchising in 1996. The builder and contractor opened the first Red Roof Inn in Columbus, Ohio, in 1972 and it was bearing the iconic red roof from where it got it s name. The company’s original slogan, “Sleep Cheap,” was reflective of its initial nightly room rates of $8.50.
Today the economy hotel chain, which began franchising in 1996, has locations throughout the country, but primarily in the Midwest, Southern, and Eastern U.S.
The brand underwent a nationwide $200 million renovation in 2012, and also introduced Red Roof Plus+, a brand extension that includes upgraded amenities and services.
Financial Requirements
- Initial Investment – $195,500 – $5,099,000
- Initial Franchise Fee – $30,000 – $30,000
- Ongoing Royalty Fee – 4.5%
- Ad Royalty Fee – 4%
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Le Meridien
Le Méridien is an upscale, design-focused international hotel brand with a European perspective. The hotels range in size from approximately 100 to 2,000 guestrooms with a full-time hotel staff ranging from 100 to 3,000 associates.
The hotels offer a variety of food and beverage options, including one or more restaurants and lounges, room service, catering, and banquet services.
The franchisor’s brands cater to a broad spectrum of customers, and include luxury and upper-upscale full-service hotels, lifestyle hotels, extended-stay hotels, and select-service hotels.
Financial requirements
- Initial Franchise Application Fee – $92,500
- Franchise Fees – $150,000
- Initial investment – $54,763,100 to $88,015,500
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Motel 6
Motel 6 is an economy hotel that opened in Santa Barbra in 1962 to help people ease their lodging burdens. The hotel got its name 6 from the initial rates they charged for their rooms. They had been charging $6 per night when they started.
Though their rates are no more within that range, but lodging at the hotel is still quite affordable and it caters to the public that do not have a lot of money at hand for travel.
Motel 6 is managed by G6 Hospitality and has a network of more than 1,300 economy lodging locations across the U.S. and Canada.
Financial Requirements
- Initial Investment – $2,617,700 – $3,868,600
- Initial Franchise Fee – $25,000 – $35,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 3.5%
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Hilton Garden Inn
Hilton Garden Inn is part of the portfolio of brands at Hilton Worldwide, which has hotels in more than 90 countries. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Curio – A Collection by Hilton, Canopy by Hilton and Hilton Grand Vacations.
The hotel was founded in 1990 and has been franchising since the same year. Hilton Garden Inn is an upscale but mid-priced hotel.
Financial Requirements
- Initial Investment – $12,058,450 – $23,182,650
- Initial Franchise Fee – $75,000 – $75,000
- Ongoing Royalty Fee – 5.5%
- Ad Royalty Fee – 4%
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Hampton Inn
The first Hampton Inn opened in Memphis, Tennessee in 1984. Hampton Inn was the first mid-price national hotel chain to begin offering a free continental breakfast and free local phone calls.
In 1995, the Hampton brand introduced Hampton Inn & Suites, which consisted of two-room suite hotel rooms with living rooms and kitchen areas.
In 1999, Hampton Inn was acquired by Hilton Worldwide, which has hotels in more than 90 countries of the world. This has brought the hotel up to the standard of Hilton hotels that are worldwide.
Financial Requirements
- Initial Investment – $6,903,800 – $17,091,650
- Initial Franchise Fee – $75,000 – $75,000
- Ongoing Royalty Fee – 6%
- Ad Royalty Fee – 4%
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Baymont Inn
Part of Wyndham Hotel Group, the Baymont Inn & Suites® hotel brand is a chain of more than 400 midscale hotels located throughout the United States and in Mexico that takes pride in neighborly hospitality grounded in the ability to connect with every guest.
The hotel chain was founded in 1974 and it started franchising in 1987, more than a decade later. The hotel’s policy say that they are all about warm, inviting service, topped with freshly baked cookies and a friendly smile.
Many locations feature free Wi-Fi, continental breakfast at the Baymont Breakfast Corner®, swimming pools, fitness centers, airport shuttle service and the opportunity to earn and redeem points through Wyndham Rewards®, the brand’s guest loyalty program.
Financial Requirements
- Initial Investment – $214,679 – $6,918,952
- Initial Franchise Fee – $26,000 – $26,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 3.5%
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Avid Hotels
The newest brand from IHG, avid hotels was designed for travelers who want a hotel stay that finally meets their expectations for the type of hospitality they value most – the basics done exceptionally well – at a fair price.
To ensure avid hotels meets the needs of today’s midscale traveler, a set of fundamental values define all touch points of the brand: taking a new approach to designing everyday travel; appreciating the value of guests’ every hard-earned dollar and being direct, honest and clear.
Avid hotels requires that all its locations, including francises, be new-build construction, and it must feature modern, comfortable design, guest rooms designed for sound-sleep, a focused, high-quality breakfast consisting of name-brand options and will leverage the latest technology to enable a seamless experience for guests. The avid hotels brand launched in 2017 and it opened it first property at the end of Q3 2018.
Financial requirements
- Franchise fee – $50,000
- Royalthy fee – 5- 3%
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Ascend Hotel Collection
The Ascend Hotel Collection has a global portfolio of unique, boutique, and historic independent hotels and resorts. It is one of the world’s largest leading hotel companies, and it is part of Choice Hotels International.
Recognized as the hotel industry’s first “soft brand” concept, the Ascend Hotel Collection has more than 200 properties open and operating worldwide, including in France, the united kingdom, Denmark, Finland, Ireland, Norway, Sweden, Turkey, Australia, Canada, Ecuador, and the Caribbean region. Membership with the Ascend Hotel Collection enables distinctive, independent properties to gain a global presence while maintaining their local charm.
The franchisor offers the rights to own and/or operate a hotel business under one of the trademarks and associated marks of a Choice Hotels brand.
Financial requirements
- Single Unit Start-up Cost – $133,950.00 to $1,697,199.00
- Single Unit Total Investment – $133,950.00 to $1,697,199.00
- Single Unit Working Capital Required – $15,000.00 to $40,000.00
- Liquid Cash Required – $50,000.00
- Initial franchise fee – $375 per room with a $30,000 minimum
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AmeriSuites
AmeriSuites is a leading 143-hotel (18,000 rooms) all-suite brand in 32 states that serves the upscale limited service segment. It is a hospitality franchise that has a number of hotels operating across the United States. AmeriSuites is an affiliate of Global Hyatt and it has presence in over a 100 locations in the country, and it has consistently received numerous awards and recognition from national US publications.
AmeriSuites hotels offer attractively designed suites with upscale amenities such as in-room microwaves and refrigerators, high-speed internet access, complimentary hot breakfast daily, fitness centers and pools, business centers and meeting rooms
Financial requirements
- Franchise Application Fee – $95,000
- Initial investment – $29,162,700 to $111,936,150
- Monthly Royalty Fee – 5% of Gross Rooms Revenue and 3% of Gross Food and Beverage Revenue.
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Candlewood Suites
The Candlewood Suites brand boasts occupancy rates exceeding traditional hotels for one powerful reason – value. This mid-scale extended stay hotel offers its guests the convenience and comfort desired during a long-term stay at rates comparable to many “standard” hotels.
The brand is appropriately situated in markets with strong extended stay demand drivers, such as corporate, industrial, and suburban locations, making site selection a crucial factor for success. An all-suite design that promotes guest independence and an operating model that allows each Candlewood Suites property to operate with just 12 team members – this model has been critical to the brand’s continued success.
Financial Requirements
- Initial Investment – $8,951,340 – $12,256,515
- Initial Franchise Fee – $50,000 – $50,000
- Ongoing Royalty Fee – 5%
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Crowne Plaza
Part of the IHG global portfolio, the Crowne Plaza® Hotels & Resorts brand is a dynamic upscale hotel brand located in nearly 65 countries around the world in major urban centers, gateway cities and resort destinations. The hotel was founded in 1983 and has been franchising since then. As the fourth largest upscale full-service hotel brand in the world and one of the fastest growing, the Crowne Plaza brand has a solid foundation for future growth.
Their portfolio has doubled since 2003 to more than 400 hotels, and the global pipeline has increased fourfold to more than 80 hotels. Crowne Plaza hotels say that they help their guests feel energized and productive, and their Sleep Advantage program ensures their guests get a great night’s sleep to power through their day.
Financial requirements
- Application Fee Fee – $150,000
- Initial Investment – $70,436,315 to $102,938,610
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Days Inn
Cecil B. Day opened his first lodging in Tybee Island, Georgia, in 1970. From that point forward, Days Inns Worldwide has developed into a system of about 2,000 diversified inns all through the United States and around the world, including a few inns that offer free breakfast and permit pets in select rooms.
Days Inn is a main worldwide brand in the economy portion with more visitor rooms than some other economy hotels on the planet with more than 1,850 properties around the world. Under its “Best Value under the Sun” advertising, Days Inn inns offer esteem cognizant shoppers free fast Internet and most lodgings offer free Daybreak breakfast. Numerous lodgings likewise have eateries, pools and meeting rooms.
Days Inn Worldwide is a piece of the Wyndham Worldwide group of lodgings which additionally incorporates Baymont Inns and Suites, Hawthorn Suites, Howard Johnson Int’l., Knights Franchise Systems, Microtel Inns and Suites, Ramada Worldwide, Super 8, Travelodge Hotels, Wingate by Wyndham, and Wyndham Hotels and Resorts.
Financial requirements
- Initial Investment – $167,352-$7,663,900
- Initial Franchise Fee – $35,000
- Royalty Fee – 5.5%
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Conrad Hotels and Resorts
Conrad Hotels and Resorts promises their guests stylish accommodations, seamless service, infinite connections, and value at sought after, urban locations and luxury resort destinations. Conrad Hotels & Resorts is Hilton Worldwide’s global luxury brand and the choice for today’s modern, sophisticated traveler.
By focusing on the individual, Conrad offers guests genuine and personalized experience and a world of style, service and connection. Each Conrad is a dynamic reflection of its city and culture, as well as a showcase for striking design and distinct surroundings. Across five continents, in the world’s gateway cities and most sought-after resort destinations, Conrad invites each guest to enjoy ‘The Luxury Of Being Yourself’.
Financial requirements
- Investment – $59,999,500 – $97,117,875
- Franchise fee – $95,000
- Units in operation – 2,242
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Econo Lodge
Econo Lodge is the second-largest brand in the Choice Hotels system, and one of the best-known names in its category. With over 800 convenient locations, it offers clean, comfortable and affordable lodging with great curb appeal.
Econo Lodge hotels are targeted at value-conscious travelers. Within the market segment, the brand is known for cleaner and safer rooms, and limited but meaningful amenities. Guests also enjoy breakfast by Econo Lodge including coffee, danish and juice. Econo Lodge is one of Choice Hotels ten brands worldwide. There are over 5,300 Choice hotels open and under development in 46 countries totaling almost 400,000 rooms.
They have a long, solid history in hospitality and franchise development that helps them better understand what it takes to get their franchisees to succeed. They have developed an exceptional set of resources, operational systems and marketing programs to help their franchises create and maintain the best hotels for their clients unique needs.
Financial requirements
- Liquid Capital Required – $2,000,000
- Investment – $2,000,000
- Franchise fee – $25,000
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Element Hotels
Element Hotels is made to order for guests in the know and on the go. It features bright design that defies convention, bathing guest rooms and public spaces in natural light. Stylish and sustainable throughout, Element offers extended stay comfort with a conscience and lots of signature amenities from its healthy rise breakfast and relax evening reception, to saline swimming pools, spacious fitness centers, bikes to borrow and electric vehicle charging stations.
Starwood’s latest brand innovation, Element made history in 2008 as the only major hotel brand to pursue LEED certification for high-performance buildings brand-wide. To date, there are 21 Element Hotels worldwide, with 19 in North America, one in Europe and one in Asia Pacific, with new domestic and international hotels in development.
Financial requirements
- Franchise fee – $60,000
- initial investment – $1,675,750 to $18,444,500.
- Total investment – $1,675,750 – $18,444,500
- Royalty – 5.5%
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Four Points By Sheraton
Since Sheraton Hotels are known for being upscale, they opened a subdivision of mid-scale hotel destinations known as Four Points in place of the existing Sheraton Inn locations. Over the years, the quality has crept up with Four Points by Sheraton now becoming a four star hotel chain after over one billion dollars in renovations.
There are more than 150 Four Points by Sheraton hotels in about 30 countries. Since the accommodations are great for guests of all types, the hotels can be found in big cities and suburbs, by the beach or near airports. Mainly, however, Four Points by Sheraton attracts business travelers and attendees of mid to small-range conventions.
Four Points by Sheraton offers development support to its franchisees in the form of architecture and construction, procurement, residential services, and training.
Financial requirements
- The initial fee may be a minimum of $45,000 plus $300 per room for each room over 150.
- Thus, a hotel with 125 rooms would pay $360/room and a hotel with 200 rooms would pay $300/room.
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Holiday Inn
Holiday Inn Express continues to Stay Smart by offering travelers competitive rates and convenient locations around the globe. The Holiday Inn Express prototype design allows for lower costs, lower overhead, and a more efficiently-staffed operation. Holiday Inn Express continues to set the pace in the mid-scale without food and beverage hotel category as the fastest-growing brand, opening on average two new hotels every week. Now, that is some speedy growth.
Holiday Inn® hotel franchises offer numerous locations with many features to make their client’s stay more enjoyable. There are more than 1,500 Holiday Inn full-service hotels around the world.
The InterContinental Hotels Group is the world’s largest hotel company, including some of the strongest and most recognized hotel franchise brands in the industry: InterContinental® Hotels & Resorts, Crowne Plaza®, Hotel Indigo®, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, and Staybridge Suites®. The IC Hotels Group includes more than 3,600 hotels located in nearly 100 countries of the world.
Financial requirements
- Initial Investment: – $7,544,298-$24,836,120
- Initial Franchise Fee- $50,000
- Royalty Fee – 5-6%
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Hotel Indigo
Hotel Indigo was founded in Atlanta, Georgia in October 2004. By the next year, two other locations had been developed, both situated in Illinois. Hotel Indigo is the industry’s first branded boutique hotel experience. It is uniquely designed to appeal to guests who desire affordable luxury, personal service and an alternative to traditional hotels without sacrificing any of the businesses amenities they have come to expect.
Renewal is the soul of Hotel Indigo’s retail-inspired design concept, with thoughtful changes made throughout the year to keep the hotel’s concept fresh. Guestrooms feature signature murals, area rugs, fluffy duvets and slipcovers that will change periodically, while public spaces are usually transformed seasonally through changing aromas, music, artwork, murals and directional signage.
From relaxed café dining to high-style rooms – Hotel Indigo creates an intriguing, warm and inviting environment for guests. Today there are over 4,400 locations owned by InterContinental Hotel Group, and is still looking to expand.
Financial Requirements
- Initial Investment – $16,693,270 – $37,327,820
- Initial Franchise Fee – $60,000 – $60,000
- Ongoing Royalty Fee – 5%
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Hawthorn Suites by Wyndham
Hawthorn Suites was founded by Hyatt Hotels in 1986. Today the brand is part of the Wyndham Hotels & Resorts group of chains. At every Hawthorn Suites by Wyndham, guest services include a complimentary buffet breakfast and evening social hour, exercise facilities, videocassette players, and on-site laundry and valet service. Business services include an oversized work area with two phone lines and a data port, personal voicemail and a complimentary daily paper.
Financial Requirements
- Initial Investment – $227,963 – $12,268,211
- Initial Franchise Fee – $40,000 – $40,000
- Ongoing Royalty Fee – 5.5%
- Ad Royalty Fee – 2.5%
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Howard Johnson by Wyndham
With a loan of $500, Howard Dearing Johnson purchased a small patent medicine shop in Quincy, Massachusetts, in 1925. He used an old-fashioned freezer in the store’s basement to make vanilla, chocolate and strawberry ice cream for the shop’s soda fountain. Three years later, he added hot dogs and hamburgers, then opened the first Howard Johnson’s Restaurant.
By 1935, there were 25 Howard Johnson ice cream and sandwich stands in Massachusetts. Five years later, with more than 100 restaurants on the Atlantic Coast, Johnson opened the first turnpike restaurant on the Pennsylvania Turnpike. In 1954, when the company operated 400 restaurants, the first Howard Johnson hotel opened in Savannah, Georgia. Today, the hotel is now offering a franchise of its business.
Financial Requirements
- Initial Investment – $264,793 – $9,257,295
- Initial Franchise Fee – $35,000 – $35,000
- Ongoing Royalty Fee – 4.5%
- Ad Royalty Fee – 2%
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Radisson
The first Radisson Hotel, named after 17th-center French explorer Pierre-Esprit Radisson, was opened in Minneapolis, Minnesota, in 1909. It was purchased in 1962 by Curt Carlson. Today the chain has locations in over 70 countries around the world. It remains a part of the Carlson hotel group, which also franchises Park Inn by Radisson, Park Plaza and Country Inns & Suites by Carlson.
Financial Requirements
- Initial Investment – $9,993,858 – $51,977,075
- Initial Franchise Fee – $75,000 – $75,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 2%
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Red Lion Hotels
With over 50 properties open or under development, Red Lion has positioned itself for sustainable growth. Important to the chain’s lasting success is the redefinition of brand segmentation and strengthened brand identity for both Red Lion Hotels and Red Lion Inns & Suites, along with the addition of the Leo Hotel Collection, a collection of unique, boutique, historic and/or destination hotels.
Financial Requirements
- Initial Investment – $641,250 – $38,740,000
- Initial Franchise Fee – $40,000 – $75,000
- Ongoing Royalty Fee – 5%
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InterContinental Hotels & Resorts
InterContinental Resorts are located in resort destinations. InterContinental Hotels and InterContinental Resorts are full service facilities targeted to discriminating business, conference and leisure travelers. The franchisor offers and grants franchises under the terms of a License Agreement. The License provides for the establishment and operation of an InterContinental Hotel or an InterContinental Resort.
Financial Requirements
- Initial Investment – $70,436,315 – $102,938,610
- Initial Franchise Fee – $75,000
- Ongoing Royalty Fee – 5%
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Curio Collection by Hilton
Curio Collection by Hilton, launched in 2014, is a global portfolio of more than 35 remarkable, upper upscale hotels and resorts handpicked for their unique character and personality. Curio Collection properties appeal to travelers seeking one-of-a-kind discoveries and authentic experiences, all backed by Hilton and its award-winning Hilton Honors program. Each hotel in the Curio Collection is a masterpiece that reflects the best of its surroundings.
Financial Requirements
- Initial Investment – $3,571,500 – $97,354,500
- Initial Franchise Fee – $75,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 4%
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La Quinta
La Quinta Inns is part of the LQ Management, owner of the La Quinta (which is Spanish for the villa) brand. The company owns, operates, or franchises more than 650 hotels under the La Quinta Inns and La Quinta Inn & Suites brands.
The company’s properties, which operate in the limited service segment, are located in about 45 US states and Canada. LQ Management is expanding by adding franchises and through corporate development and acquisitions. In addition, the company is spending $275 million on property upgrades. LQ Management is owned by investment firm The Blackstone Group.
Financial Requirements
- Initial Investment – $452,400 – $11,052,800
- Initial Franchise Fee – $55,000
- Ongoing Royalty Fee – 4.5% – 5%
- Ad Royalty Fee – 2.5%
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Travelodge by Wyndham
Building contractor Scott King opened his first motel, King’s Auto Court in 1935– in time to welcome guests visiting San Diego’s World’s Fair. Over the next five years, he opened 24 more hotels around Southern California. The first one under the name Travelodge opened in 1940, and this became the name of Scott’s company in 1946.
Today Travelodge by Wyndham is part of the Wyndham Hotels & Resorts group of hotel chains. Travelodge by Wyndham offers in-house financing to cover the following: franchise fee, startup costs, inventory.
Financial Requirements
- Initial Investment – $178,683 – $7,806,642
- Initial Franchise Fee – $35,000
- Ongoing Royalty Fee – 4.5%
- Ad Royalty Fee – 4%
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Super 8 by Wyndham
Super 8’s name is derived from its original room rate–$8.88 per night–when the first location opened in 1974 in Aberdeen, South Dakota. Since Super 8 began franchising in 1976, the motel chain has grown to more than 2,000 locations throughout the United States and Canada.
Super 8 by Wyndham’s parent company, Wyndham Hotels & Resorts, also owns Travelodge by Wyndham, Days Inn by Wyndham, Howard Johnson by Wyndham, Ramada Worldwide by Wyndham, Wingate by Wyndham, Baymont by Wyndham, Microtel Inns & Suites, Hawthorn Suites by Wyndham, and Wyndham Hotels & Resorts.
Financial Requirements
- Initial Investment – $188,878 – $4,511,436
- Initial Franchise Fee – $25,000
- Ongoing Royalty Fee – 5.5%
- Ad Royalty Fee – 3%
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Ramada Worldwide by Wyndham
In 1954 a group of investors opened an inn in Flagstaff, Arizona, the first in a series of motor hotels to be opened by the group. Five years later, the chain was named Ramada, meaning “a shaded resting place” in Spanish. Today Ramada Worldwide by Wyndham is part of the Wyndham Hotels & Resorts group.
Financial Requirements
- Initial Investment – $214,149 – $13,663,438
- Initial Franchise Fee – $35,000
- Ongoing Royalty Fee – 4.5%
- Ad Royalty Fee – 4%
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Wingate by Wyndham
The first Wingate Inn hotel was opened in 1996. In 2007, the company became affiliated with Wyndham Hotels & Resorts and changed its name to Wingate by Wyndham. Typical amenities include a hot breakfast buffet, high-speed internet access, 24-hour business center, fitness center and pool.
Financial Requirements
- Initial Investment – $305,685 – $10,484,474
- Initial Franchise Fee – $36,000
- Ongoing Royalty Fee – 4.5%
- Ad Royalty Fee – 4%
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Park Inn by Radisson
Park Inn by Radisson hotels can be found primarily in Europe, Africa and the Middle East, as well as North America. The mid-market hotel brand began franchising in 1993, and was acquired by Carlson Hotels in 2000.
Financial Requirements
- Initial Investment – $3,691,928 – $20,753,345
- Initial Franchise Fee – $35,000
- Ongoing Royalty Fee – 4.5%
- Ad Royalty Fee – 2%
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Radisson Blu
Radisson Hotels & Resorts is a globally operating hospitality franchise and subsidiary of Radisson Hotel Group. The upscale brand is geared towards busy travelers but promotes a focus on the balance between work and life. Within a highly competitive market, Radisson aims to deliver exceptional service and care to its guests by offering round the clock communication tools and assistance.
Financial Requirements
- Initial Investment – $21,412,358 – $121,252,575
- Initial Franchise Fee – $100,000
- Ongoing Royalty Fee -5%
- Ad Royalty Fee -2%
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Tapestry Collection by Hilton
Hilton Worldwide Holdings Inc. introduced its fifth new hotel brand since 2009 in the latest bid by the world’s second-largest lodging operator to increase earnings by franchising properties. The Tapestry Collection by Hilton is an upscale hotel, in the same general segment as the company’s DoubleTree locations. Tapestry properties include a bar with food service and a gym, but not necessarily restaurants or meeting space.
Financial Requirements
- Initial Investment – $2,839,500 – $83,245,500
- Net-worth Requirement – $5,715,000
- Initial Franchise Fee – $75,000
- Ongoing Royalty Fee – 5%
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Staybridge Suites
Staybridge Suites is an all-suite, residential-style brand of hotels within the InterContinental Hotels Group (IHG). The brand targets extended-stay and corporate travelers. There are more than 180 Staybridge Suites hotels open in the United States, Britain, Canada, Mexico and Latin America.
Amenities offered by Staybridge Suites include complimentary hot breakfast, evening receptions, fitness centers and recreational activities. The chain was also one of the first in the industry to provide complimentary wireless internet access throughout the hotel.
Financial Requirements
- Initial Investment – $11,211,090 – $15,396,430
- Initial Franchise Fee – $50,000
- Ongoing Royalty Fee – 5%
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Howard Johnson
Howard Johnson is one of the most well-known mid-price hotel families in the world. The Howard Johnson name now graces over 450 hotels in 17 countries worldwide. With a loan of $500, Howard Dearing Johnson purchased a small patent medicine shop in Quincy, Massachusetts, in 1925.
He used an old-fashioned, hand-cranked freezer in the store’s basement to make vanilla, chocolate and strawberry ice cream for the shop’s soda fountain. Three years later, with menu additions like hot dogs and hamburgers, he opened the first Howard Johnson’s Restaurant. In 1954, when the company operated 400 restaurants, the first Howard Johnson hotel opened in Savannah, Georgia.
After Johnson’s son took over the company in 1959, it was subsequently acquired by three different companies before Cendant Corp. bought the hotel chain in 1990. Howard Johnson Int’l. franchises offer mid-priced lodging at Howard Johnson Plaza Hotels, Howard Johnson Hotels, Howard Johnson Inns and Howard Johnson Express Inns.
Financial requirements
- Initial Investment – $162,320-$8,731,136
- Initial Franchise Fee – $35,000
- Royalty Fee – 4.5%
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Embassy Suites by Hilton
Embassy Suites Hotels® is a leading franchise in the upscale all-suite hotel category. They offer spacious two-room suites and an impressive list of amenities for guests.
Embassy Suites by Hilton, one of Hilton’s 14 market-leading brands, and it is dedicated to delivering what matters most to travelers. The full service, upscale brand offers two-room suites, free made-to-order breakfast and a nightly two-hour reception with complimentary drinks and snacks.
Both leisure and business travelers looking for a relaxed, yet sophisticated experience will feel right at home with brand-standard amenities like inviting atriums and complimentary 24-hour business and fitness centers. Embassy Suites by Hilton has more than 230 hotels with 50 in the pipeline.
Financial requirements
- Start-up Cost – $75,000
- Total Investment – $26,212,000 to $39,043,375
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Downtowner Inns
Operating under a Franchise Agreement granted by Tucker, Georgia-based Hospitality International, Inc., exclusive franchisor of the Downtowner Inns brand, the motel is now part of a system comprised of more than 300 hotels and motels.
Financial requirements
- Investment – $133,600 – $2,602,000
- Franchise fee – $500,015,000
- Royalty – 2.5% – 4.0%
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Hospitality Int’l. Inc.
Hospitality International represents five hotel brands: Red Carpet Inn, an economy to mid-level hotel chain started in 1968; Passport Inn, a budget and economy hotel chain with generally small properties; Scottish Inns, an economy, limited-service chain started in 1967; Master Hosts Inns, a mid- to upper-middle hotel chain with locations primarily in resort or destination areas; and Downtowner Inns, an economy to upper-economy hotel chain with locations primarily in city centers or downtown areas.
Financial Requirements
- Initial Investment – $133,600 – $2,602,000
- Initial Franchise Fee – $5,000 – $15,000
- Ongoing Royalty Fee – $35/room/mo.
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Hilton Garden Inn
Hilton Garden Inn is one of the largest hospitality brands managed under the Hilton Worldwide Holdings Inc. umbrella. Although advertised as a mid-priced hotel, Garden Inn hotels offer guests an upscale lodging experience by providing a variety of in-room features such as free WiFi, a refrigerator, coffee maker, multi-bed options and a lounge area. Junior suites and larger rooms may also be available depending on location.
Financial requirements
- Investment – $12,058,450 – $23,182,650
- Franchise fee – $75,000 – $175,000
- Royalty – 5.5%
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Hyatt Place
Hyatt Place is a division of Hyatt Hotels that specifically keeps in mind guests whose lives are a blend of work and play. The upscale business class hotels make for a comfortable home away from home for individuals on business trips and even families alike.
Hyatt Place, a brand of Hyatt Hotels Corporation, combines style, innovation and 24/7 convenience to create a seamless stay with modern comforts. There are more than 280 Hyatt Place locations in Armenia, Australia, Brazil, Canada, Chile, China, Costa Rica, Honduras, India, Mexico, Morocco, Nicaragua, Panama, Puerto Rico, Thailand, The Netherlands, United Arab Emirates, United Kingdom, and the United States.
Financial requirements
- Franchise fee – $60,000
- Initial investment range – $13,645,000 to $20,604,000
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Hyatt Regency
The Hyatt Regency brand prides itself on connecting travelers to who and what matters most to them. More than 180 conveniently located Hyatt Regency urban and resort locations in over 30 countries around the world serve as the go-to gathering space for every occasion – from efficient business meetings to memorable family vacations.
The brand offers a one-stop experience that puts everything guests need right at their fingertips. Hyatt Regency hotels and resorts offer a full range of services and amenities, including the space to work, engage or relax; notable culinary experiences; technology-enabled ways to collaborate; and expert event planners who can take care of every detail.
Financial requirements
- Franchise fee – $100,000
- Initial investment – $33,382,500 to $128,500,000.
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iTrip Vacations
iTrip is a web-based company that has revolutionized the way people book vacation home rentals, making the process easy and stress free.
Financial requirements
- Franchise fee – $40,000
- Investment – $123,400 – $152,700
- Liquid capital required – $125,000
- Net worth required – $300,000
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Key West Inn
Key West Inns, Inc. is a hotel franchising company that borrows the looks and feel of South Florida in architectural style and appearance. All hotels feature the amenities’ that corporate travelers need while offering a relaxing atmosphere that will please families and senior travelers.
Financial Requirements
- Initial Investment – $3,103,060 – $19,671,150
- Initial Franchise Fee – $14,000 – $14,000
- Ongoing Royalty Fee – 2%
- Ad Royalty Fee – 2%
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WoodSpring Suites
WoodSpring™ is the fastest growing brand in the economy extended stay segment. Designed with purpose to offer exactly what the extended stay guest needs, they stripped away the unnecessary extras and infused form, function and beauty into what’s left. The result for owners is a brand that’s tightly optimized to help enable profitability. WoodSpring Suites is looking to grow in a number of cities around the country.
Financial Requirements
- Initial Investment – $5,035,000 – $7,031,000
- Net-worth Requirement – $3,000,000 – $6,000,000
- Liquid Cash Requirement – $1,000,000 – $3,000,000
- Initial Franchise Fee – $50,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 2.5%
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Park Inns & Suites
Park Inn by Radisson is a fresh and innovative upcoming mid-market hotel brand – global in outlook, national in scale and local in operations. Park Inn by Radisson offers reliability, great value for money and personalized services, including facilities for Sofia meetings and Sofia restaurants.
The hotels are functional, comfortable, practical and most importantly spotlessly clean and well maintained. Park Inn by Radisson currently has 150 hotels in operation and under development across Europe, Middle East and Africa.
Financial requirements
- Initial Investment – $1,682,240-$4,753,320
- Initial Franchise Fee – $35,000
- Royalty Fee – 4.5%
- Advertising Fee – 2%
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Knights Franchise Systems
Knights Inn, a hotel chain with more than 230 locations in North America, was founded in 1972. The franchise, which is operated by Cendant Corp., provides limited-service, budget lodging to families, senior citizens, business travelers, truckers and other value-conscious travelers. Knights Inn looks for franchisees with hotel management or operation experience.
Financial requirements
- Initial Investment – $102,384-$7,243,349
- Initial Franchise Fee – $7,000
- Royalty Fee – $21/rm./mo.
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GrandStay Hospitality LLC
GrandStay Hospitality, LLC offers a hotel franchise opportunity like no other hotel chain. From franchise conversions to new builds, GrandStay franchisees are backed by a strong, growing lodging company with a unique, technology-driven marketing approach, flexible franchise options and collaborative, one-on-one support designed for success.
Financial Requirements
- Initial Investment – $306,400 – $8,790,200
- Net-worth Requirement – $1,000,000
- Liquid Cash Requirement – $1,000,000
- Initial Franchise Fee – $35,000 – $35,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 2%
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Microtel by Wyndham
Microtel® by Wyndham is an award-winning chain of more than 340 economy hotels located throughout North America, Mexico and the Philippines. Consistently over-delivering on both guest and owner expectations, Microtel is the only all new-construction hotel in the economy segment. Ranked best-in-class by organizations like The Harris Poll®, Microtel’s rich award-recognized heritage is backed by 15 J.D. Power honors – the most of any hotel brand in the economy segment.
Microtel prides itself on being an innovator, offering a midscale experience at an economy price with an array of complimentary amenities including free Wi-Fi and continental breakfast. Other amenities available at most hotels include meeting and fitness centers, swimming pools and the opportunity to earn and redeem points through Wyndham Rewards®, the brand’s guest loyalty program.
Financial requirements
- Liquid capital required – $500,000
- Investment – $4,700,000 – $7,200,000
- Franchise fee – $40,000
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Master Hosts Inns
Master Hosts Inns and Master Hosts Resorts are primarily located in resort or destination locations. They are full-service hotels that range from the mid- to upper-middle price range. The Master Hosts brand encourages hotels to preserve their own identities.
These properties typically have character, warmth, charm and an independent name that they can display and market in addition to the Master Hosts flag. Master Hosts Inns property listings and details are featured on hundreds of websites, maximizing exposure among potential visitors.
Financial requirements
- Initial Investment – $1,376,100
- Initial Franchise Fee – $15,000
- Royalty Fee – 4%
- Advertising Fee – 2.5%
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NYLO Hotels
Atlanta-based NYLO Hotels offers a new class of hotels that combines the dynamic qualities of urban residential loft-style living with the best-of-the-industry features of leading hotel brands. The properties will feature bright, spacious loft accommodations; state-of-the-art business center; gym, and 24-hour, healthy-alternative restaurant and bar.
They will cater to business and leisure travelers seeking an energized alternative to the bland, one-size-fits-all experience typically found in mid-priced lodgings.
Financial requirements
- Liquid capital required – $114,906