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