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Hotel Franchises

Hotel franchises have been a very successful way for existing hotel brands to expand without acquiring new properties. Many extremely well know and long standing hotel chains also have franchise operations as well. The way it works is that a person with a property, usually an existing hotel can sign up with a hotel franchise under a licence agreement. By doing this the existing hotel can benefit from use of the hotels brand, booking system and other support. The hotel chain benefits from a new addition to it's portfolio and the benefits of increased brand exposure and room availability.With the hospitality industry being worth £143 billion to the UK economy and expected to continue to grow hotel franchise opportunities can offer an exceptional business for an existing or new entrepreneur.