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