Starting Microtel Inns & Suites Franchise
The article discusses about Microtel Inns & Suites Franchise. It’s also provides information about the features and benefits of franchising Microtel Inns & Suites Franchise.
The first Microtel Inns & Suites was opened in 1987, since then 150 affordable locations are made available in the United States.
It has been one of the fastest rising and the brand for all new construction hotel franchise that is economically known and has established a good standing for customer pleasure. As a proof for the sixth successive year, J.D. Power and Associates has titled Microtel Inns & Suites as “Highest in Guest Satisfaction among Economy/Budget Hotel Chains”.
The hotel offers free cable TV and beds that is approved by the American Chiropractic Association. For as low as $35 per night that has queen size mattresses and a built in furniture, you can have your accommodation on Microtel’s MicroSaver room. This is just one of the best reasons that Microtel’s Hotel & Suites is a good company to franchise, the brand is already known for its quality service and offerings.
One of the greatest assets that Microtel Inns & Suites have is the friendly staff where guest often have a good comment, there are also customer who keep on returning to the hotel because they want to take advantage of its features and offerings.
Microtel has professional staff and comfortable lodging that provide accommodation to travelers and families. With what it can offer, it makes them exceptionally qualified in Franklin to provide their services. Microtel has smoking rooms and pet friendly rooms as well.
Microtel highlights its convenience for seniors and disabled customers. The company’s target markets are cautious businesses and leisure travelers.
The total investment is about $4.4M-7M. Amounting to $40K+ is the franchising fee. The ongoing royalty fee is about 5-6%. The term of agreement is 20 years and it’s renewable.
As a Microtel Inns & Suites Franchisee, you will be given with ongoing support such as meetings, newsletter, grand opening, internet, toll-free phone line, field operations/evaluations, security/safety procedures and purchasing cooperatives.
Ad slicks, regional advertising, co-op advertising, national media and special incentives are the marketing support you will be provided.
There is a VetFran incentive as a VetFran participant. You will be given 50% discount off from the franchise fee. For the first 3 years of royalties, you will be provided with one percentage point off. For those who do not have any hotel experience, you will be given with unique hotel mentoring program plus support in seeking for the most feasible sites and how to market in order to put up a victorious hotel.
The training to be provided with Microtel Inns & Suites Franchisee varies but it is available at the headquarters and at the location of the franchisee and there is a 2-3 days training at the regional location.
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