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Starting a Travelodge Hotels Franchise

The need for a homelike lodging for people who travel thousand miles is what Scott King take into consideration in establishing the first Travelodge in San Diego. And if you see the need of a Travelodge Hotels in your area, this article can be a help in starting a Travelodge Hotels Franchise.

Franchising your own business can be a good start in making your dream come true. If you are wishing to have higher position in a company that usually takes more years to achieve, you can actually be an entrepreneur and start your own business.

You do not need to pass on each step of the ladder and reach an executive position.

To help you reach your aspiration, franchises provide an organize approach in setting up your own business. There are business kits that provide procedure in selling services and products. And to start a Travelodge Hotels Franchise you need to learn the business’s know-how.

At one time, holding an executive position in a prestigious company represented the top of the ladder. These days, there's a new, exciting dream: entrepreneurship. For blue- and white-collar workers alike, the life of an entrepreneur is alluringly glamorous. After all, what other occupation lets you be in total control comes with the potential for boundless financial rewards and gives you such a feeling of personal accomplishment? In an era when corporate layoffs are disturbingly common, many people desire to break free from traditional career paths and start businesses they can call their own.

It's easy to dream, but making that dream a reality can be challenging. Fortunately, there are paths to entrepreneurship for those who lack the business know-how to do it on their own. Franchises offer a systematic approach to setting up shop. Business opportunities provide a business kit with clear guidelines for selling a basic product or service.

About Travelodge Hotels

Travelodge Hotels was founded by a businessman named Scott King in the year 1939. King looked into the need of travelers of homelike accommodations so he came up to his first motor court in San Diego. Cendant Corporation acquired the brand in 1996, then HFS Inc. in the United States, Canada and Mexico where Travelodge Hotels franchises hotels. There are four categories of properties with the Travelodge brands; these are Travelodge Suites, Thriftlodge®, Travelodge Hotels, and Travelodge.

Where Travelodge Hotels Seeking Franchisees

Travelodge Hotels are seeking franchisees from the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming. In short, Travelodge Hotels is seeking for franchisees all over the world.

Costs and Fees

The total investment for Travelodge Hotels is about $383K-6.3M. The franchisee fee is about $36K+. There is an ongoing royalty fee for about 4.5%. The term of agreement for Travelodge Hotels franchise is 15 years.

Marketing Travelodge Hotels Franchise

The Travelodge Hotels franchise will be advertised through national media and regional advertising.

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3 Comments

  • Clyde Home Gun said on April 30, 2011
    We have the land and want to open a Travelodge Hotel at the east entrance of Glacier National Park. This is located near St. Marys, Montana in the United States. Please inform us who to contact. Thank you
  • EZIUCHE Ubani said on May 12, 2015
    I own a choice property near the Azumini Blue River and wish to purchase a travelodge franchise. please direct me on who to contact
  • Mrs. s Thiam said on December 6, 2016
    Hi I am currently running my guest houses in South Africa please send me more info I am very interested in your franchise , I am a hard worker you will not regret it, I've been 6 years hands on business please send me more info . Thank you

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