Comfort Is Your Only Option When You Select Doubletree Franchise
With all the many different hotel franchise opportunities you very well may be feeling a bit overwhelmed. It’s not going to be an easy decision, but with the right quality research you will be able to successfully narrow down your choices.
Double The Profit
Doubletree is ranked #242 in the top Franchise 500 in the year 2009. Doubletree has been in business since 1969 and they began franchising in 1989. Since then they have developed 200 franchise owners. They hold an excellent reputation offering a satisfying stay in anyone of their hotels.
The hotel industry is a great selection of markets to begin your business. Regardless of what type of market we will be in it will not greatly affect the business. Of course there will be a decrease in the amount of guest but not enough to put you out of business. Once the recession is over you will find a big increase of customers filling the rooms of your hotel. That is of course if you choose a reputable hotel franchise to invest into.
People enjoy getting away from their everyday lives and entering into a pampered stay at a hotel that is affordable. Saving money doesn’t mean that they are not expecting upscale accommodations. This is why it’s important that you carefully review the various hotel franchise opportunities to ensure that you are choosing an award winning hotel to invest your money and time into.
The cost for establishing a Doubletree franchise for total investment is between $33.8 million and $56.7K. The fee for this remarkable opportunity is $75,000. The ongoing royalty fee is at 5%. The term of agreement is 22 years and is renewable. It will definitely help you if you have business knowledge and marketing skills along with industry experience.
The total number of people needed to start running a Doubletree franchised unit is 100 employees. There’s nothing like having your own business and being a part of a large franchise opportunity such as being connected with Doubletree.
Begin making a list of great hotel franchises to look into. This is going to require a large amount of time and effort. Investing this amount of money should entice you to contact a professional franchise finding company. Their experience and expertise will guide you into the best selection based on your needs and expectations.
