Start-Up Costs and Fees |
||
| Ramada Worldwide | Downtowner Inns | |
| Investment | 220731 - 9291313 | 133600 - 2602000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 3% |
| Advertising Fee | 4% | 2.50% |
| Year Founded | 1954 | 1982 |
| Year Franchised | 1990 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ramada Worldwide | Downtowner Inns | |
| Experience | ||
Financing Options |
||
| Ramada Worldwide | Downtowner Inns | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Ramada Worldwide | Downtowner Inns | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | 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 | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Ramada Worldwide | Downtowner Inns | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ramada Worldwide | |
| Downtowner Inns | |
| Franchise Fee | |
| Ramada Worldwide | |
| Downtowner Inns | |
| Royalty Fee | |
| Ramada Worldwide | 4.50% |
| Downtowner Inns | 3% |
| Advertising Fee | |
| Ramada Worldwide | 4% |
| Downtowner Inns | 2.50% |
| Year Founded | |
| Ramada Worldwide | 1954 |
| Downtowner Inns | 1982 |
| Year Franchised | |
| Ramada Worldwide | 1990 |
| Downtowner Inns | 1982 |
| Term Of Agreement | |
| Ramada Worldwide | 15-20 years |
| Downtowner Inns | |
| Renewal Fee | |
| Ramada Worldwide | |
| Downtowner Inns | |
Business Experience Requirements |
|
| Experience | |
| Ramada Worldwide | |
| Downtowner Inns | |
Financing Options |
|
| Franchise Fees | |
| Ramada Worldwide | No |
| Downtowner Inns | No |
| Start-up Costs | |
| Ramada Worldwide | |
| Downtowner Inns | |
| Equipment | |
| Ramada Worldwide} | |
| Downtowner Inns | |
| Inventory | |
| Ramada Worldwide | |
| Downtowner Inns | |
| Receivables | |
| Ramada Worldwide | |
| Downtowner Inns | |
| Payroll | |
| Ramada Worldwide | |
| Downtowner Inns | |
Training & Support |
|
| Training | |
| Ramada Worldwide | Regional workshops |
| Downtowner Inns | |
| Support | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Downtowner Inns | |
| Marketing | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Downtowner 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 | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
| Downtowner Inns | |
Expansion Plans |
|
| US Expansion | |
| Ramada Worldwide | |
| Downtowner Inns | |
| Canada Expansion | |
| Ramada Worldwide | |
| Downtowner Inns | |
| International Expansion | |
| Ramada Worldwide | |
| Downtowner Inns | |