Start-Up Costs and Fees |
||
| Ramada Worldwide | Passport Inn | |
| Investment | 220731 - 9291313 | 133600 - 2602000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 3% |
| Advertising Fee | 4% | 2.50% |
| Year Founded | 1954 | 0 |
| Year Franchised | 1990 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ramada Worldwide | Passport Inn | |
| Experience | ||
Financing Options |
||
| Ramada Worldwide | Passport Inn | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Ramada Worldwide | Passport Inn | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. |
| Operations | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Ramada Worldwide | Passport Inn | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ramada Worldwide | |
| Passport Inn | |
| Franchise Fee | |
| Ramada Worldwide | |
| Passport Inn | |
| Royalty Fee | |
| Ramada Worldwide | 4.50% |
| Passport Inn | 3% |
| Advertising Fee | |
| Ramada Worldwide | 4% |
| Passport Inn | 2.50% |
| Year Founded | |
| Ramada Worldwide | 1954 |
| Passport Inn | 0 |
| Year Franchised | |
| Ramada Worldwide | 1990 |
| Passport Inn | 0 |
| Term Of Agreement | |
| Ramada Worldwide | 15-20 years |
| Passport Inn | |
| Renewal Fee | |
| Ramada Worldwide | |
| Passport Inn | |
Business Experience Requirements |
|
| Experience | |
| Ramada Worldwide | |
| Passport Inn | |
Financing Options |
|
| Franchise Fees | |
| Ramada Worldwide | No |
| Passport Inn | No |
| Start-up Costs | |
| Ramada Worldwide | |
| Passport Inn | |
| Equipment | |
| Ramada Worldwide} | |
| Passport Inn | |
| Inventory | |
| Ramada Worldwide | |
| Passport Inn | |
| Receivables | |
| Ramada Worldwide | |
| Passport Inn | |
| Payroll | |
| Ramada Worldwide | |
| Passport Inn | |
Training & Support |
|
| Training | |
| Ramada Worldwide | Regional workshops |
| Passport Inn | |
| Support | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Passport Inn | |
| Marketing | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Passport Inn | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. |
| Operations | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
| Passport Inn | |
Expansion Plans |
|
| US Expansion | |
| Ramada Worldwide | |
| Passport Inn | |
| Canada Expansion | |
| Ramada Worldwide | |
| Passport Inn | |
| International Expansion | |
| Ramada Worldwide | |
| Passport Inn | |