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Hotel & Travel Franchises

A Place to Stay

The lodging industry generated $155.5 in sales last year

Travel Around the World from Home

The number of home-based travel agencies is growing, now making up 20% of the market

Cruise Control

In 2012, the cruise industry generated $42 billion in the US

Industry Description
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Hotel & Travel Franchises Industry Description

Summary

Hotel and travel franchises cater to customers on the go, either for leisure or business. A hotel franchise gives you an opportunity to operate a hotel or motel, while opening a travel agency lets you help people plan exciting vacations.

A massive investment

Hotel franchises require more capital than any other franchise industry due to the large retail space required to house guests. Hotels can also be quite complicated to run, especially if you plan on having a restaurant and lounge inside your establishment.

Cheaper solutions

Travel agencies, on the other hand, are relatively low-cost and can often be run from home or from a small retail office space. These agencies usually have particular focuses, such as planned trips or cruises.

Travel around the world from home

The number of home-based travel agencies is growing, now making up 20 percent of the market.

By the numbers

  • The global travel franchise industry is big enough to make up 5 percent of all U.S. employment.
  • The lodging industry generated $155.5 billion in sales in 2013.
  • In 2012, the cruise industry generated $42 billion in the U.S
  • With $855.5 billion spent on travel last year, there’s no better time to start a travel franchise.
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