Start-Up Costs and Fees |
||
| WoodSpring Suites | Master Hosts Inns | |
| Investment | 5035000 - 7031000 | 133600 - 2602000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 3% |
| Advertising Fee | 2.50% | 2.50% |
| Year Founded | 2003 | 0 |
| Year Franchised | 2004 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WoodSpring Suites | Master Hosts Inns | |
| Experience | ||
Financing Options |
||
| WoodSpring Suites | Master Hosts Inns | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| WoodSpring Suites | Master Hosts Inns | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | 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 | ||
Expansion Plans |
||
| WoodSpring Suites | Master Hosts Inns | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| Franchise Fee | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| Royalty Fee | |
| WoodSpring Suites | 5% |
| Master Hosts Inns | 3% |
| Advertising Fee | |
| WoodSpring Suites | 2.50% |
| Master Hosts Inns | 2.50% |
| Year Founded | |
| WoodSpring Suites | 2003 |
| Master Hosts Inns | 0 |
| Year Franchised | |
| WoodSpring Suites | 2004 |
| Master Hosts Inns | 0 |
| Term Of Agreement | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| Renewal Fee | |
| WoodSpring Suites | |
| Master Hosts Inns | |
Business Experience Requirements |
|
| Experience | |
| WoodSpring Suites | |
| Master Hosts Inns | |
Financing Options |
|
| Franchise Fees | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| Start-up Costs | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| Equipment | |
| WoodSpring Suites} | |
| Master Hosts Inns | |
| Inventory | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| Receivables | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| Payroll | |
| WoodSpring Suites | |
| Master Hosts Inns | |
Training & Support |
|
| Training | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Master Hosts Inns | |
| Support | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Master Hosts Inns | |
| Marketing | |
| WoodSpring Suites | |
| Master Hosts Inns | 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 | |
| WoodSpring Suites | |
| Master Hosts Inns | |
Expansion Plans |
|
| US Expansion | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| Canada Expansion | |
| WoodSpring Suites | |
| Master Hosts Inns | |
| International Expansion | |
| WoodSpring Suites | |
| Master Hosts Inns | |