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Travelodge

2014 Franchise 500
#106
At a Glance

Products & Services: Hotels

Number of Locations: 431

Total Investment: $197.7K - $7.1M

Founded: 1939

Began Franchising: 1966

About Travelodge

Building contractor Scott King opened his first motel, King's Auto Court in 1935-- in time to welcome guests visiting San Diego's World's Fair. Over the next five years, he opened 24 more hotels around Southern California. The first one under the name Travelodge opened in 1940, and this became the name of Scott's company in 1946. Today Travelodge is part of the Wyndham Worldwide group of hotel chains.

Franchise Units

Year U.S. Canadian International Company Owned
2014 341 90 0 0
2013 348 91 0 0
2012 342 91 0 0
2011 342 92 0 0
2010 347 94 1 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Central America, Mexico, South America.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $197,670 - $7,122,900
Franchise Fee: $35,000
Ongoing Royalty Fee: 4.5%
Term of Franchise Agreement: 15-20 years
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: 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

Franchise Ranking History

Franchise 500®: #106 (2014), #155 (2013), #158 (2012), #192 (2011), #163 (2010),
America's Top Global: #142 (2013), #127 (2012), #152 (2011), #129 (2010),