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Hotels play a key role in the travel and tourism industry and without them, the travel industry wouldn’t be as big as it is today. There are a wide range of hotel businesses, many of which are big name brands such as easyHotel and Safestay.
Globally, travel and tourism directly contributed approximately 2.9 trillion U.S. dollars to GDP in 2019 and Statistica reports that there were around 1.4 billion international tourists in 2018. Now is the perfect time to take advantage of this lucrative market.
Benefits of a Hotel Franchise
When running a hotel franchise business, you’ll be running a business with an established brand name, with the support and advice of the franchisor. One of the benefits of a franchise contrasted with a business startup, is that the franchisor has already successfully started and operated the business model, as well as replicated it across multiple territories and franchisees.
The travel and “staycation” sector is booming and there has never been a better time to open a hotel franchise business.
- Open your own hotel under the support of an established brand name.
- Benefit from the lucrative travel and leisure sector.
- Provide top quality customer service that people love, and keep coming back and returning for more.
The costs involved in a hotel franchise vary considerably but the franchisor may be able to assist with funding and site selection, to ensure your franchise gets off to the best possible start.
Find out more about a range of Hotel Franchises below.
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