Travelodge
HotelsBackground
Founded: 1939 Franchising since: 1966
Franchisor is a publicly-held company with 19 employee(s)
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada, Mexico, South america
Exclusive territories available.
Territory size: Varies
|
22 Sylvan Wy. Parsippany, New jersey 07054 |
Phone: (800)758-8999
Franchisee Association
Travelodge/Thriftlodge Franchisee Advisory Assoc. |
Franchisor is a publicly-held company with 19 employee(s)
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 365 | 98 | 1 | 0 |
| 2008 | 387 | 102 | 1 | 0 |
| 2007 | 391 | 104 | 1 | 0 |
| 2006 | 384 | 113 | 1 | 0 |
| 2005 | 402 | 119 | 2 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada, Mexico, South america
Exclusive territories available.
Territory size: Varies
Costs and Fees
|
Total investment: $383K-6.3M Franchise fee: $36K+ |
Ongoing royalty fee: 4.5% Term of agreement: 15 years |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | Yes | Yes |
| Equipment | Yes | Yes |
| Inventory | Yes | Yes |
| Accounts Receivable | Yes | Yes |
| Payroll | Yes | Yes |
Qualifications
Business Experience:
- General business experience
Operations
- 25-35% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 25
- Absentee ownership of franchise is allowed.
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 5 days
- At franchisee's location: 2 days
- Regional workshops; customized property training : 1-3 days
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Other marketing support
- Race car sponsorship
Rankings
Franchise 500® rank:
#138 (2009); #210 (2008); #197 (2007); #204 (2006); #174 (2005);
America's Top Global Franchises:
#107 (2009); #170 (2006); #139 (2005);
#138 (2009); #210 (2008); #197 (2007); #204 (2006); #174 (2005);
America's Top Global Franchises:
#107 (2009); #170 (2006); #139 (2005);