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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 property, usually an existing hotel can sign up with a hotel franchise under a license agreement. By doing this the the hotel can benefit from use of the hotels brand, booking system and other support.The hotel chain benefits from a new addition to its 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.