AmeriHost Franchise Review
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Share: AmeriHost Franchise Review
AmeriHost Franchise Review
AmeriHost or AmeriHost Inn is a small chain of hotels located in the US and Canada. The chain consisted of 2-or-3 story interior corridor buildings, construction based on the company's prototype designs. This usually meant a long building with a sloped or gabled lobby and public area at one end. Indoor pools and consistent amenities such as comparable quality rooms, a deluxe continental breakfast and friendly service are featured in all the properties.
The primary selling point of the chain is its consistency. It was founded in 1989 by Arlington Hospitality. By the end of 1990, the franchise rights were sold to Cendant Corporation. Arlington sustained to build and develop AmeriHost Inns via the prototype they originally formed for the chain during this time. However, AmeriHost franchises were handed out to existing properties that do not even match the predefined prototype standards by Cendant during the start of the millennium.
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Share: Cendant (Wyndham) announced in 2006 that all Amerihost Inns would be rebranded as Baymont Inns. The merger took place and Amerihost Inn was dropped by the company. The merger intended to promote distribution and brand awareness in the marketplace by nearly doubling the Baymont brand's system size and increasing its marketing resources. Baymont Inn is a division of Wyndham Hotel Group.
Wyndham Hotel Group is one of the world's largest franchisors, as measured by the number of partaking hotels, with 10 lodge brands ranging from economy to upscale lodging and provides property management services. Wyndham Hotel Group has 6,500 hotels and over 535,000 rooms on six continents.
A franchisee can opt for franchisee business and expect a good return on investment.
Franchise Cost:
Liquid Capital Required in order to get the franchise is $1,000,000
Total Investment to own a franchise is between $374,700 - $4,913,110
Financing Assistance is available for a the interested franchisees
Training and Support is available for the franchisees so as to make sure that they operate a franchisee business with the same standards and pre defined protocols. This training is helpful for franchisees to understand the brand's position comparative to its competitors and brand's hub elements which converse its values through design elements.
Support is given in order to ensure that hotels are refurbished and built time and again according to brand standards
Term of Agreement is 15-20 years
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Share: When looking to start any business it is important, particularly considering today's market, that you look for specific ways to cut minimize or reduce overhead and risk. Any business is going to have risk, but it is important to have a full understanding of the amount of investment, startup cost and "ROI" (Return on Investment).
Most people are not aware that 80% of ALL franchise endeavors fail in the first two to five years leaving large debts looming for years thereafter.
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http://www.articlesbase.com/franchise-articles/amerihost-franchise-review-4397089.html
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