VIEW RANKINGS FOR BEST COMPANIES BY PRACTICE AREA:
Services
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- Hospitality - Hotel F...
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Our Selection Process For
Best Hospitality - Hotel Franchises
Best Hospitality - Hotel Franchises
Our Selection Process For
Best Hospitality - Hotel Franchises
Best Hospitality - Hotel Franchises
Best
Top 10 Hospitality - Hotel Franchises
|
Rank |
Company Name |
Industry |
Franchising |
Franchise |
Cash |
Total |
Royalty |
Financing |
Growth Prospect 
|
Marketing Support
|
Training
|
Ongoing Support
|
Value
|
Overall Score 0100GVGE |
Change in Rank |
Key Facts For Hilton Worldwide Holdings...
-
- Franchising Since:
- 1983
-
- Franchise Units:
- 1,899
-
- Cash Investment:
- $65K
-
- Total Investments:
- $3,693.6 - 6,577.5K
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- hamptoninn3.hilton.com
Key Facts For Cambria Suites
-
- Franchising Since:
- 2005
-
- Franchise Units:
- 18
-
- Cash Investment:
- $68K
-
- Total Investments:
- $11,228 - 13,166.1K
-
- Royalty Fee Rate:
- 8%
-
- Financing Available:
- 1
-
- Website:
- www.cambriasuites.com
Key Facts For Choice Hotels Internation...
-
- Franchising Since:
- 1938
-
- Franchise Units:
- 1,526
-
- Cash Investment:
- $65K
-
- Total Investments:
- $3,693.6 - 6,577.5K
-
- Royalty Fee Rate:
- 5-4%
-
- Financing Available:
- 1
-
- Website:
- www.choicehotels.com
Key Facts For WoodSpring Hotels
-
- Franchising Since:
- 2003
-
- Franchise Units:
- 112
-
- Cash Investment:
- 50,000
-
- Total Investments:
- 5,035,000 - 6,439,000
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- 1
-
- Website:
- www.woodspring.com
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Key Facts For Candlewood Suites
-
- Franchising Since:
- 1998
-
- Franchise Units:
- 295
-
- Cash Investment:
- $25-25.5K
-
- Total Investments:
- $330.5 - 519.5K
-
- Royalty Fee Rate:
- 5-7%
-
- Financing Available:
- 1
-
- Website:
- www.candlewoodsuites.com
Key Facts For Doubletree by Hilton
-
- Franchising Since:
- 1989
-
- Franchise Units:
- 299
-
- Cash Investment:
- $75K
-
- Total Investments:
- $35.5 - 59,089K
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- 1
-
- Website:
- www.hiltonworldwide.com
Key Facts For Homewood Suites
-
- Franchising Since:
- 1988
-
- Franchise Units:
- 346
-
- Cash Investment:
- $75K
-
- Total Investments:
- $9,889,000 - $19,551,500
-
- Royalty Fee Rate:
- 3.5-5.5%
-
- Financing Available:
- 1
-
- Website:
- homewoodsuites3.hilton.com
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Key Facts For Crowne Plaza
-
- Franchising Since:
- 1983
-
- Franchise Units:
- 1,535
-
- Cash Investment:
- $35K
-
- Total Investments:
- $125 - 250K
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- 1
-
- Website:
- www.ihg.com
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Key Facts For Studio 6
-
- Franchising Since:
- 1962
-
- Franchise Units:
- 49
-
- Cash Investment:
- $500,000
-
- Total Investments:
- $3,475,636 - $4,530,947
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
-
- Website:
- www.g6hospitality.com
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Key Facts For Park Inn by Radisson
-
- Franchising Since:
- 2000
-
- Franchise Units:
- 129
-
- Cash Investment:
- $35K
-
- Total Investments:
- $1,684 - 4,791K
-
- Royalty Fee Rate:
- 4.5%
-
- Financing Available:
- 1
-
- Website:
- www.parkinn.com
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Evaluation Criteria: Best Hospitality Franchises
Growth Prospect
Entrepreneurs looking to start and operate a hotel are likely to select a hotel franchise based on the overall probability of growing the business and obtaining profit over time. As we evaluate hotel franchises, we determine the overall prospect of a business growing over time by ensuring the franchises which we recommend have a long history of successful hotel franchises and businesses in operation.
Marketing Support
Those looking to start a franchised business often rely upon the marketing and advertising practices and strategies of the franchisor. We investigate the strategies and methodologies used by different hotel franchises in addition to the companies which franchises use to market and advertise their company. It is important for the franchisors to invest in reaching out to potential guests in the regions where their hotels are.
Training
We believe it is important for hotels to be operated by and maintained by those which have training and experience in offering hospitality services. Our analysis focuses on the training practices and resources employed by the hotel franchises featured in our rankings. We feature hotels which take pride in their training and the resources they make available to franchisors in ensuring their employees are properly trained.
Ongoing Support
Beyond starting up a franchise and training employees, it is important for a franchisor to remain in contacted with their franchises. Over time, the expectations of guests and specific target audiences may change requiring new operational strategies and marketing strategies to be implemented. It is important for franchisors to ensure that the franchisees which they assist are able to take advantage of their collective experience.
Value
Many of the top hotel franchises have achieved a level of acclaim amongst guests which often repeat visit hotels and hotel franchises. It is important for entrepreneurs to select a franchise which travelers will trust based on the name and their past experiences. We compare the relative value of the branding and reputation of many of the top hotels to ensure entrepreneurs will have an idea of which are truly the most valuable.
