Travelodge Hotels Franchise

Hotels & motels

AAPL Price Today by TradingView
Building temporary worker Scott King opened his first motel, King's Auto Court in 1935- - so as to welcome visitors going to San Diego's World's Fair. Throughout the following five years, he opened 24 more inns around Southern California. The first under the name Travelodge opened in 1940, and this turned into the name of Scott's organization in 1946. Today Travelodge is a piece of the Wyndham Worldwide gathering of lodging networks. Known for offering high caliber, agreeable, yet reasonable rooms, Travelodge inns advance to many markets including families, seniors and business voyagers. With about 500 Travelodge areas all through the United States, Canada and Mexico, we keep on expanding our offerings to meet our visitors' differing needs. We offer projects and courtesies including: * Wyndham Rewards, the world's biggest lodging rewards program* * Best Available Rate Guarantee, guaranteeing that visitors locate our most minimal rate on the Internet * Pet Friendly Locations * Bear Bites complimentary breakfast which incorporates newly blended espresso, squeezed orange, arranged bagels, biscuits or baked goods * Bear Basics in-room courtesies, our new drain and nectar scented lavatory luxuries * Free day by day daily papers * In-room espresso * Pools and/or meeting rooms at numerous areas * Sleepy Bear Den rooms at numerous areas *Based on the quantity of partaking properties.The total investment necessary to begin operation of a Travelodge franchise for a 100 room new construction facility ranges from $5,008,753 to $8,424,593.The total investment necessary to begin operation of a Travelodge franchise for a 100 room conversion facility ranges from $184,960 to $2,281,055. Land acquisition costs are not included in these ranges. The above amounts include a range of $43,600 to $72,925 that must be paid to the franchisor or an affiliate. #112 in Canada's Top franchises.#112 in Franchise 500 for 2020.#338 in Franchise 500 for 2021..

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
 
Please Note: The operators of Travelodge Hotels, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Travelodge Hotels website.

How much does it cost to open a Travelodge Hotels Franchise ?

The investment required to open a Travelodge Hotels Franchise is between $184,960 - $8,424,593 . There is an initial franchise fee of $35,000 -$38,000 which grants you the license to run a business under the Travelodge Hotels name.

Individual Franchise Costs

  • Initial Investment:
    $184,960 -
  • Initial Franchise Fee:
    $35,000 - $38,000
  • Royalty Fee:
    4.50%
  • Advertising Fee:
    4%
  • Term of Agreement:
    15 years

Expense In-House Third Party
Franchise Fee Yes No
Startup Costs Yes No
Equipment No Yes
Inventory Yes Yes
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s):
leasing companies

Training
On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training

Support
Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations

Marketing
Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app

Travelodge Hotels Growth History

When did the first Travelodge Hotels open? 1939
When did Travelodge Hotels start Franchising ? 1966

International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed.

Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory

Worldwide, Afghanistan, Albania, Algeria, American Samoa, Andorra, Anguilla, Antigua & Barbuda, Argentina, Aruba, Australia, Austria, Azores, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bolivia, Bonaire, Bosnia, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Canary Islands, Cape Verde Islands, Cayman Islands, Central African Republic, Chad, Channel Islands, Chile, China, Colombia, Congo, Cook Islands, Costa Rica, Croatia, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, England, Equitorial Guinea, Eritrea, Estonia, Ethiopia, Faeroe Islands, Federated States of Micronesia, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Holland, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kosrae, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Madeira, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mexico, Moldova, Monaco, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Norfolk Island, Northern Ireland, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Ponape, Portugal, Puerto Rico, Qatar, Republic of Yemen, Reunion, Romania, Rota, Russia, Rwanda, Saba, Saipan, Saudi Arabia, Scotland, Senegal, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, St. Barthelemy, St. Christopher, St. Croix, St. Eustatius, St. John, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Martin, St. Thomas, St. Vincent & the Grenadines, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Tahiti, Taiwan, Tajikistan, Tanzania, Thailand, Tinian, Togo, Tonga, Tortola, Trinidad & Tobago, Truk, Tunisia, Turkey, Turks & Caicos Islands, Tuvalu, Uganda, Ukraine, Union Island, United Arab Emirates, United Kingdom, United States, Uruguay, US Virgin Islands, Uzbekistan, Vanuatu, Venezuela, Vietnam, Virgin Gorda, Wake Island, Wales, Wallis & Futuna Islands, Western Samoa, Yap, Yugoslavia, Zaire, Zambia, Zimbabwe



How much does a Travelodge Hotels Franchise owner make?

How much money you could make as a Travelodge Hotels Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Travelodge Hotels Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$35,000 - $8,424,593
Initial Franchise Fee
$35,000 - $38,000
Royalty Fee
4.50%
Advertising Fee
4%
Term of Agreement
15 years
Latest News
CENDANT COMMENTS ON FINANCIAL IMPACT OF HURRICANE KATRINA
Parsippany, NJ
2005-09-13
Cendant Contracts Vrx To Photograph Travelodge And Howard Johnson Hotels
New York
2005-08-10
Travelodge Brand Seeks To Create 'Ultimate Value Equatio
Las Vegas
2005-05-25
Travelodge Brand Delivers Targeted Marketing Punch

2005-05-25
Travelodge Hotels Offers Online Users Chance To Win $50,000
Parsippany, New Jersey
2003-01-17 View All

Sister Companies

Travelodge Hotels Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Travelodge Hotels and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Travelodge Hotels franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.