Magnuson Hotels Launches Franchise Brand Cost Calculator
Friday January 24th, 2014 - 9:37AM MB
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LONDON— Magnuson Worldwide launched an online cost calculator to help hotel owners compare costs of leading hotel brands.
Located at http://owners.magnusonhotels.com/, the Magnuson Hotels franchise brand calculator utilizes financial data from the Hotel Management Survey 2012 Franchise Fee Guide, STR and HVS U.S. Hotel Franchise Fee Guide to compare brand/marketing fees over a three-year operating span.
Compared brands include Choice Hotels, Wyndham Hotels, IHG, Hampton Inns, Best Western, Ramada, Howard Johnson and Magnuson Hotels.
Tags: Magnuson Hotels • franchise brand cost calculator • Hospitality • Brands • Operational •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.