Choice Hotels reports record results for second quarter 2006 – net income up 12% over prior year. “We continue to focus on brand enhancements and are seeing strong growth in occupancy, average daily rate and RevPAR,” said Charles A. Ledsinger, Jr., president and chief executive officer. “We are pleased with the substantial increase in year-to-date …
Google Key To Hot Hotel Franchise Without a great internet presence, a hotel franchise or motel has very little chance of competing in today’s marketplace. If you’re looking for a franchise hotel opportunity that can deliver online bookings, then Key Hospitality was one of the first industries to embrace the Internet. According to ClickZ, about 52% …
Todd Cardin has announced the opening of its Phoenix Office Arizona point of presence office. Todd Cardin stated his decision was based on the tremendous growth of the city. Already the country’s 5th largest city, Phoenix is expected to grow by an additional 2 million people over the next 20 years. This enormous population growth …
Franchise Deal, or No Deal? As those who have closed hotel transaction can attest, purchasing a lodging asset can be a very complicated process. Finding the right hotel to buy, negotiating acceptable terms for purchase, securing attractive financing, and getting over the inevitable franchise hurdles, actually getting to the closing table can be difficult to …