Hotel Chains on the Rise

Hotel franchising could never be simpler. Investors areallowing customers to feel it is the established brand
taking a minimum risk in hotel chains becausethey recognize.
franchisors do a lot of the leg work to help theThis is helpful considering guests have a trust and
company grow profitably.comfort towards international hotel chains for their
The business model of each is an already definedconsistency. The quality of a hotel chain remains
system proven profitable. Support and assistance isintact. Guests understand before booking exactly
given to investors because of the importance to bewhat to expect. Best Western provides more of a
a success. Such assistance would include providing anrelaxing environment while the Hilton provides a
architectural plan for building development tovariety of brands including upscale, mid-priced and
evaluations of progress to ensure the company ismore. No matter what the brand, one is able to
not faltering. The real estate aspect of beginning thismake their choice easier by being aware of the
business can be overwhelming. Franchisors are surehotels style.
to provide investors any guidance needed. One mayAn intercultural knowledge in the hotel industry
have to provide individual advertisement; however,enhances the ability to go beyond a specific area.
this will be stated in the agreement.With the spread of hotel chains internationally this
International hotel chain ranking between 2006 andaspect of the industry is indispensible. The Diversity
2007 shows an increase in the number of hotelsElite 60 showed that there was almost no difference
leading to a 2.5% average increase in rooms. Hotelsbetween the first and 60th place. This proves many
included in this rating are Hilton Corp, Best Western,hotels have set a stronger importance on their
Marriott International and also those outside of thediversity programs. A larger diversity program pens
United States such as Accor at 2.3%, France, andthe doors to a wide location range and a higher
Intercontinental HG at 3.5%, Great Britain.amount of diverse guests; and, therefore, an
Benefits of franchising international hotel chains areincrease in the number of guests total. In todays
never ending. Group purchasing between franchiseesworld a hotel chain must consider its diversity.
allows for a discount when buying raw materials toAs for all investors, now is the time to begin in this
supplies. Training is set up, great for those new in thegrowing industry when the population increases
industry, and a team is available to aide in any dailyyearly and each countrys diversity expands.
operation; bookkeeping, customer service,International hotel chain ranking will only go up. Who
advertising, etc. The franchised company is set up towill hold onto the chain as it rises?
look exactly like the original, using all similar logos;