A survey of the fees charged by major hotel franchisors in the economy, mid-rate, and first-class market segments. This guide enables hotel owners to easily compare the total cost of one hotel franchise with that of another.
Steve Rushmore is the founder of HVS, a global hospitality consulting organization with more than 50 offices around the globe. He is focused on future office expansion and new product development outside the United States. Steve has provided consultation services for more than 15,000 hotels throughout the world during his 40-year career. For more information contact Steve at [email protected]
We need to compare the fee's versus the reservation provided by these franchise's. The other cost , for example PMS maintanance fee's, Convention fee's, Systemwise ADR and occupancy.. Some Franchise's have mandatory full breakfast with a ADR of less than $50=oo. ( Avg 3 occupancy ).
Some discarded higher end franchise hotels with 100+ rooms upon getting old and being exterior move to other lower end available franchise pay almost same fee's but never acheive 60% + occupancy get only fraction of the revenue upon redeeming rewards for free night stay.
Their are a lot of other blind expenses to be considered as hidden fee's.
Your article is still very helpful in considering for a franchise.
Thanking you for such informative article's
Once again this is a great piece of information, regardless of any limitations it may have, since it provides aggregate data which helps to compare oranges with oranges.
Thank you HVS team for doing this.
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Summary
A survey of the fees charged by major hotel franchisors in the economy, mid-rate, and first-class market segments. This guide enables hotel owners to easily compare the total cost of one hotel franchise with that of another.
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We need to compare the fee's versus the reservation provided by these franchise's. The other cost , for example PMS maintanance fee's, Convention fee's, Systemwise ADR and occupancy.. Some Franchise's have mandatory full breakfast with a ADR of less than $50=oo. ( Avg 3 occupancy ). Some discarded higher end franchise hotels with 100+ rooms upon getting old and being exterior move to other lower end available franchise pay almost same fee's but never acheive 60% + occupancy get only fraction of the revenue upon redeeming rewards for free night stay. Their are a lot of other blind expenses to be considered as hidden fee's. Your article is still very helpful in considering for a franchise. Thanking you for such informative article's
Once again this is a great piece of information, regardless of any limitations it may have, since it provides aggregate data which helps to compare oranges with oranges. Thank you HVS team for doing this.