How much is the hotel franchise fee? The latest franchise fees and popular brands analysis in 2023
In recent years, hotel franchise has become a hot topic that many investors pay attention to. With the recovery of the tourism market, the hotel industry ushered in a new round of growth, and major brands have introduced franchise policies. This article will analyze the hotel franchise fees that have been hotly discussed on the Internet in the past 10 days, and structure the franchise data of popular brands.
1. Current status of hotel franchise market in 2023
According to the latest data, the number of hotel franchise consultations in the Q2 quarter of 2023 increased by 35% year-on-year, and mid-range hotel brands have become investment hotspots. Here are the 5 most discussed hotel franchise brands and their fees:
| Brand Name | Franchise Fee | Management Fees | deposit | Total investment |
|---|---|---|---|---|
| Vienna Hotels | 300,000-500,000 | Revenue 5% | 200,000 | 3 million to 5 million |
| All Season Hotel | 400,000-600,000 | Revenue 6% | 300,000 | 4 million to 6 million |
| Hanting Hotel | 250,000-400,000 | Revenue 4.5% | 150,000 | 2 million to 3.5 million |
| Hotel Atour | 500,000-800,000 | Revenue 6.5% | 400,000 | 5 million to 8 million |
| Home Inn Hotel | 200,000-350,000 | Revenue 4% | 100,000 | 1.8-3 million |
2. Key factors affecting hotel franchise fees
1.Brand positioning: The franchise fees for economical, mid-range and high-end brands are significantly different
2.Geographical location: First-tier cities are 20-30% higher than second-tier cities on average
3.Number of rooms: For every 10 rooms added, the total investment will increase by about 500,000-800,000 yuan.
4.Decoration standards: Hard installation costs account for about 35-45% of the total investment
3. Popular preferential policies in the near future
| brand | Discounts | Validity period |
|---|---|---|
| Vienna | One-year management fee is exempt from the top 10 franchise stores | Before 2023.12.31 |
| All season | Renovation subsidy up to 300,000 | Before 2023.11.30 |
| Hanting | 20% off franchise fee | Before 2023.10.31 |
4. Investment return analysis
According to industry data, the investment return cycle of hotels of different grades is as follows:
| Hotel Type | Average occupancy rate | ROI Cycle | Annual profit margin |
|---|---|---|---|
| Economical | 75-85% | 3-4 years | 15-20% |
| Mid-range | 70-80% | 4-5 years | 18-25% |
| High-end | 65-75% | 5-7 years | 20-30% |
5. Things to note when joining
1. Read the franchise contract carefully and pay special attention to itRegional Protection TermsandConditions for renewal
2. On-site inspection of the operation of at least 3 franchise stores of the same brand
3. Reserved when calculating funds6 months of operating capital
4. Pay attention to the brandTraining systemandMember Support
Conclusion:
The hotel franchise fee varies greatly due to factors such as brand, city, scale, etc. It is recommended that investors choose the right brand based on their own financial strength. Under the current market environment, mid-range hotel brands have become hot investments with their good cost-effectiveness. Before making a decision, be sure to conduct sufficient market research and financial calculations.
(Note: The above data comes from the compilation of public information on the Internet. The specific franchise policy shall be subject to the latest announcement of the brand)
check the details
check the details
en
