This statistic shows the hotel brands with the lowest franchise costs to room revenue in the United States as of October 2014. Best Western's franchise costs amounted to five percent of their room revenue.
Hotel brands with the lowest franchise costs to room revenue in the United States as of October 2014
The source does not specify the date of survey. The date given is the publication date.
Estimated costs were calculated based on the following assumptions about each property made by the source: average rate; average room count; stabilized occupancy; reservation segmentation; loyalty program participation; average length of stay and food and beverages as a percentage of rooms revenue. Assumptions were developed on a brand-by-brand basis using a selection of sources including HVS' database of financial statements and information provided by the companies.
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Hotel News Resource. (October 15, 2014). Hotel brands with the lowest franchise costs to room revenue in the United States as of October 2014 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/364712/hotel-brands-with-the-lowest-franchise-costs-to-room-revenue-us/
Hotel News Resource. "Hotel brands with the lowest franchise costs to room revenue in the United States as of October 2014." Chart. October 15, 2014. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/364712/hotel-brands-with-the-lowest-franchise-costs-to-room-revenue-us/
Hotel News Resource. (2014). Hotel brands with the lowest franchise costs to room revenue in the United States as of October 2014. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/364712/hotel-brands-with-the-lowest-franchise-costs-to-room-revenue-us/
Hotel News Resource. "Hotel Brands with The Lowest Franchise Costs to Room Revenue in The United States as of October 2014." Statista, Statista Inc., 15 Oct 2014, https://www.statista.com/statistics/364712/hotel-brands-with-the-lowest-franchise-costs-to-room-revenue-us/
Hotel News Resource, Hotel brands with the lowest franchise costs to room revenue in the United States as of October 2014 Statista, https://www.statista.com/statistics/364712/hotel-brands-with-the-lowest-franchise-costs-to-room-revenue-us/ (last visited November 21, 2024)
Hotel brands with the lowest franchise costs to room revenue in the United States as of October 2014 [Graph], Hotel News Resource, October 15, 2014. [Online]. Available: https://www.statista.com/statistics/364712/hotel-brands-with-the-lowest-franchise-costs-to-room-revenue-us/
