Econo Lodge hotel franchises are one of the best-known names in hotel franchising. Econo Lodge offers clean, comfortable & affordable lodging with…
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One of the benefits of buying into a franchise is the instant brand recognition you receive. You can’t get much better than Econo Lodge Hotel Franchise when it comes to hotel franchises and the hotel industry itself is booming. A low U.S. dollar has seen a reversal in tourist numbers so rather than seeing an exodus of tourists overseas, we are seeing a flood of tourists coming into the country. That’s good for tourism, and that’s certainly good for the accommodation industry.
Now is also a good time to be buying into properties. There are prime positions available at huge discounts compared to five years ago, especially if they are run down buildings on the land. Remove the old building and construct a quality Econo Lodge hotel and you’ll have a long term investment in real estate as well as the hotel industry. With online reservations booming, you often know your occupancy rates days or weeks in advance, a factor that most businesses don’t enjoy. That’s the hotel industry in general, but what about Econo Lodge?
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As part of the Choice Hotel Group, Econo Lodge Hotel Franchise enjoy a strong brand penetration. The Choice Hotel Group alone generated over $2 billion in revenue in 2008, and it has continued to grow and has over 5,000 hotels worldwide. There is a trend in the hotel industry for tourists, particularly overseas tourists, to use book-ahead facilities. This keeps the guest in the chain as they hop from one town to the next – and the Choice Hotel Group has this service well planned.
Econo Lodge franchisees receive comprehensive training across all aspects of hotel ownership. This includes administration, hotel services, guest relations, and staffing. If you’re looking for a long-term franchise opportunity that includes a unique blend of work and lifestyle, then the hotel industry is worth looking at. While you’re looking, take a closer look at an Econo Lodge franchise, the instant brand recognition is worth the franchise fee alone.
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