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2005 Extended Stay Franchised Hotel Brands Survey
FranchiseHelp.com, Nov 2005
What's an Extended Stay Hotel?
An extended stay hotel serves the traveler looking for lodging for 5 days or more. Typical guests are relocating executives, individuals on training and project assignments, lawyers trying a case, film crews, and longer-term vacationers. Some hotels provide lavish amenities such as complimentary continental breakfasts, fitness centers and pool facilities. Others provide no-frills, basic lodging facilities for the budget-conscious traveling public. Many extended stay hotels are all-suite hotels with a living room, kitchen, and bedrooms. From economy lodging to upscale market hotels, our Extended Stay Franchised Hotel Brands Survey covers them all!
What Is This Survey All About?
This is our second survey of Franchise Companies operating in the Extended Stay Hotel Segment to help you find the hotel brand that's right for you. We surveyed 28 hotels within a wide range of price points, including upscale, moderate, and economy lodging. Now includes item 19, Earnings Claims Information.
How Can I Use This Report?
The Extended Stay hotel niche is a florishing demand outstripping supply. Find out what you need to know about the major franchised brands in this hot, new and growing travel segment. If you're interested in investing in a franchised hotel, or you already own one, if you are an investor (especially in REITS), or you are a supplier to hotels, you should order this report! The extended stay hotel chains are compared and contrasted using 17 different criteria. Filled with hard to obtain information, this new survey allows you to compare the best known franchised extended stay hotel chains in terms of franchise fees, royalty and marketing fees, closures, training programs, and much more.
The hotel industry is booming and one sector is leading the parade - The Extended Stay Segment. All this activity has captured the interests of developers and financial management markets, while also increasing consumer awareness. Developers are now more knowledgeable about these facilities and are experts in operating efficiencies. Hotel properties are the top asset type in real estate markets, resulting in an abundance of loan money available for acquisition, renovation, and development of these hotels. Consumer demand continues to exceed the existing supply within the hotel industry. This is a prime time for you to take a good look at the Extended Stay Hotel Choices.
The information contained in this report is valuable for all the following:
- Franchisors
- Franchisees
- Hotel Suppliers and Professionals
- Lenders to Hotel Franchisees and Franchise Systems
- Potential Franchise Investors
- Hotel Administrators
- Universities and Libraries
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