Start-Up Costs and Fees |
||
| Passport Inn | Microtel Inns & Suites | |
| Investment | 133600 - 2602000 | 5709119 - 6799356 |
| Franchise Fee | ||
| Royalty Fee | 3% | 6% |
| Advertising Fee | 2.50% | 2% |
| Year Founded | 0 | 1987 |
| Year Franchised | 0 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Passport Inn | Microtel Inns & Suites | |
| Experience | General business experience | |
Financing Options |
||
| Passport Inn | Microtel Inns & Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Passport Inn | Microtel Inns & Suites | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| 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. | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Passport Inn | Microtel Inns & Suites | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Passport Inn | |
| Microtel Inns & Suites | |
| Franchise Fee | |
| Passport Inn | |
| Microtel Inns & Suites | |
| Royalty Fee | |
| Passport Inn | 3% |
| Microtel Inns & Suites | 6% |
| Advertising Fee | |
| Passport Inn | 2.50% |
| Microtel Inns & Suites | 2% |
| Year Founded | |
| Passport Inn | 0 |
| Microtel Inns & Suites | 1987 |
| Year Franchised | |
| Passport Inn | 0 |
| Microtel Inns & Suites | 1988 |
| Term Of Agreement | |
| Passport Inn | |
| Microtel Inns & Suites | 20 years |
| Renewal Fee | |
| Passport Inn | |
| Microtel Inns & Suites | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Passport Inn | |
| Microtel Inns & Suites | General business experience |
Financing Options |
|
| Franchise Fees | |
| Passport Inn | |
| Microtel Inns & Suites | |
| Start-up Costs | |
| Passport Inn | |
| Microtel Inns & Suites | |
| Equipment | |
| Passport Inn} | |
| Microtel Inns & Suites | |
| Inventory | |
| Passport Inn | |
| Microtel Inns & Suites | |
| Receivables | |
| Passport Inn | |
| Microtel Inns & Suites | |
| Payroll | |
| Passport Inn | |
| Microtel Inns & Suites | |
Training & Support |
|
| Training | |
| Passport Inn | |
| Microtel Inns & Suites | |
| Support | |
| Passport Inn | |
| Microtel Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| 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. |
| Microtel Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Passport Inn | |
| Microtel Inns & Suites | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Passport Inn | |
| Microtel Inns & Suites | |
| Canada Expansion | |
| Passport Inn | |
| Microtel Inns & Suites | 0 |
| International Expansion | |
| Passport Inn | |
| Microtel Inns & Suites | |