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Travelodge
#459 Franchise 500| Hotels

Travelodge
Hotels

About
Founded

1939

Franchising Since

1966 (52 Years)

Corporate Address

22 Sylvan Wy.
Parsippany, NJ 07054

CEO

Geoff Ballotti

Parent Company

Wyndham Hotel Group

Ticker Symbol

WYN

Financial Requirements
Initial Investment

$198,850 - $7,795,531

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

4%

Financing Options

Travelodge offers in-house financing to cover the following: franchise fee, startup costs, inventory

Travelodge has relationships with third-party sources which offer financing to cover the following: 
equipment, inventory

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

3-4 days

Classroom Training:

4 days

Additional Training:

Regional workshops; customized property training

Absentee Ownership Allowed
Number of Employees Required to Run:

25

Travelodge is ranked #459 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $198,850 High - $7,795,531
Units
+2.7%+11 UNITS (1 Year) -1.4%-6 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: March 6th, 2018