"Woodhouse Spas, a leading, luxury spa franchise dedicated to health, wellness, and personal care, with an unwavering commitment to growth, announced today the signing of eight franchise agreements that will expand its footprint in nine key markets across the United States. In 2024, the brand opened its 85th location, with numerous additional locations slated to open by end of year." We are thrilled to highlight our incredible growth happening this year with the signing of 8 franchise agreements! Learn more about these locations and their franchisors here: https://lnkd.in/g4ZQ8M3m #franchising #franchise #multiunit #multiunitfranchising #woodhouse #woodhousespa #spafranchise
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A bit of franchising history - the story of Holiday Inn Like all great franchise brands, Holiday Inn began its story with the vsion of one man. A family man who liked to travel across America but became frustarted by the lack of quality acoomodation, especially for families, during long road journeys. In 1952 Kemmons Wilson had an idea to build a hotel, a good quality hotel with spacious rooms and 2 double beds per room (later known as 'Double, Doubles'). Built in his hometown of Memphis, the hotel proved a success and by 1958 there were 50 locations across the US many operated under a franchise agreement. Franchising in the hotel sector had begun - operations manuals, strict standards to maintain,regular inspections by head office, training and certification of franchisees and their hotel managers (known as Innkeepers). 10 years later, by 1968, there were over 1000 Holiday Inn properties across North America. During this rapid growth it became clear that controlling room reservations across multiple properties, many belonging to franchisees, required a centralised system. The worlds first hotel room reservation system was born - Holidex. With the Holiday Inn brand now firmly established, sights were set on the international market. Franchise partners were easy to find. Very often, they were hotel companies looking to tap into the expertise and success of a proven concept. The 1970s saw rapid expansion around the globe which included the biggest Holiday Inn franchisee in the world emerging in South Africa. One of the Holiday Inns built in South Africa even had the public road it was constructed on named 'Kemmons Wilson Drive'. The mid 1980s saw the purchase of the brand by UK brewing giant Bass and along with that came the development of new brands - Cowne Plaza, Holiday In Express, Holiday Inn Garden Court. The purchase of the Intercontinental Hotels group (many of them franchised) and the addition of several other brands followed. Ultimately the company became known as IHG, with over 6000 properties operating under one of its brand names! Holiday Inn/Bass/IHG had become one of the very first franchise 'brand platforms' offering multiple options to franchisees to suit all markets and investment opportunities. 20 years later we see across the franchising sector, platforms emerging across the entire space. Fascinating progress of a fascinating business model. Thank you, Kemmons Wilson, for leading the way. #franchise #franchising #franchisebusinessmodel #globalcareers
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Axsia HTL and David Simpson have put together our predictions for what 2024 holds and our thoughts on brands and management agreements. What are your thoughts on 2024? https://lnkd.in/gC-GtnqV GTI HM Magazine David Fraser Bill Edwards Robert Scullin Daniella Tonetto Nicole Grainger #hotelassetmanagement #franchising #hoteldevelopment #hospitalityindustry #2024trends
HMas are out, franchise agreements are in, Axsia HTL reports - Hotel Management
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In recent years, umbrella companies have made headlines with major acquisitions of franchise brands across various sectors. Check out our list of franchising's top umbrella companies! #franchising #franchisefamily
Franchise Umbrella Companies - Franchise Industry News
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I empower franchisors to develop successful franchisees by applying 5 essential elements for success in franchising that emerged from my 7 year PhD research study. | Founder, Franchise Expert, Author, Speaker
The future of restaurant franchising has been a topic of discussion for quite some time. The industry has seen steady growth over the years and it is expected to continue to excel in the coming years. The insights of experts in the field of franchising provide a glimpse of the trends that will shape the industry moving forward. The importance of maintaining a connection with customers through social media and digital marketing has been reiterated by these experts. #RestaurantFranchising #Franchising
8 Experts Weigh In On the Future of Restaurant Franchising | QSR magazine
qsrmagazine.com
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Title: Unveiling the Dark Side of Hotel Franchise Expansions In the ever-evolving landscape of the hospitality industry, a concerning trend has quietly taken root. Over the past eleven years, I've closely observed the proliferation of hotel franchises, with a disconcerting revelation: some business individuals are utilizing this avenue to launder their black money into white. Without explicitly naming hotel brands or the countries affected, it's crucial to shed light on the tactics employed. The rapid expansion of new hotels under these franchises is not driven by a genuine commitment to excellence but rather by a desire to convert illicit funds into legitimate assets. Key players within these hotel brands seem to be capitalizing on the allure of franchise sales, treating them as commodities readily available in the market. The focus appears to be on quantity over quality, with little consideration for the facilities, benefits, or profit-sharing structures that should ideally accompany such ventures. The primary motivation for these business individuals seems to be monetary gain at any cost. The consequences of this profit-driven approach become glaringly evident when one steps into these franchised hotels. The stark contrast in service standards and overall quality becomes apparent, leaving guests with a subpar experience compared to what the brand traditionally represents. This alarming trend not only tarnishes the reputation of renowned hotel brands but also undermines the industry's commitment to providing exceptional service. It raises ethical concerns about the responsibility of these brands in ensuring that their franchises uphold the same standards that define their legacy. In conclusion, the unchecked proliferation of hotel franchises driven by questionable motives poses a threat to the integrity of the hospitality sector. It calls for a reevaluation of the franchise-selling process and a renewed commitment from hotel brands to prioritize quality over quantity, ensuring that every extension of their name maintains the excellence they are known for. #FranchiseDilemma #HospitalityEthics #DarkSideOfExpansion #IndustryIntegrity #HotelStandards #EthicalBusiness #QualityOverQuantity #HiddenTrends #HospitalityReckoning #BrandIntegrity #UnveilingTruths #FranchiseImpact #BusinessEthics #ServiceStandards #IndustryInsights
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Is Owning a Franchise Worth It? 💢 Owning a franchise can be a rewarding venture, offering a balance between entrepreneurial independence and the support of an established brand. While there are challenges, the benefits, especially for those new to business ownership, can be significant.🛒 Four types of franchise most of investors opt for.📈 1. Daily needs (grocery) 🏪 2. Essentials (Clothing) 👗 3. Impulsive (smart gadgets)💻 4. Luxury (jewellery & watches)💎💍 Why Franchise? Pros of Franchising Franchising offers a turnkey business with a built-in customer base. One of the biggest advantages of franchising is instant brand recognition, which can translate into immediate customer trust and a potentially quicker return on investment. As a franchise owner, you are not experimenting but rather implementing a strategy that has worked in various markets. The average annual income of a franchise owner whose business has been open between two and 10 years is $130,000, a survey conducted by Franchise Business Review revealed. Most franchises provide extensive training and ongoing support. You get guidance on everything from marketing to operational best practices. Being part of a franchise means being part of a larger network, Cons of Franchising Franchising offers numerous benefits, although it does come with some associated costs. It typically requires an initial investment along with ongoing royalty and marketing fees, which are essential for the continued growth of your franchise. While these fees are a part of your business expenses, they also provide you with access to a well-established and recognized brand, which can significantly boost your chances of success in the market. It’s important to keep in mind that these fees are a worthwhile investment in the long run. As a franchisee, you’ll be working closely with the franchisor, following their proven rules and guidelines. While this might limit some creative control, it also provides you with a framework for running your business effectively. Your success is aligned with the success of the brand, and franchisors typically work hard to maintain and improve their brand’s reputation. Some franchises may also have territorial restrictions, which can work in your favor by reducing competition in your area and ensuring you have a dedicated customer base. #hr #hrrecruiter #ceo #cfo #franchise #zudio #tata #jockey #stockbrokers #jockeyfranchise #retail
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I empower franchisors to develop successful franchisees by applying 5 essential elements for success in franchising that emerged from my 7 year PhD research study. | Founder, Franchise Expert, Author, Speaker
Restaurants remain one of the most popular business types to franchise. If you haven't already franchised your business, would you like to? This article makes some excellent points when it comes to franchising for restaurant owners. It may just be what your brand needs to succeed and thrive! #franchising #franchisebusiness
Why it's Never Too Late to Franchise Your Restaurant | QSR magazine
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PNC recently released its list of industries expected to thrive in 2024. Travel-related businesses were atop the list. With that in mind, these are four franchise industries you might want to lean into to tap in. https://lnkd.in/em2wZMt8 #franchising #franchiseopportunity #franchiseopportunities #franchisebusiness #travel
Tap Into the Thriving Travel Industry with a Franchise
franchisedirect.com
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DIRTY SECRETS OF FRANCHISE EXHIBITIONS! Behind the parties, secret hook-ups, clandestine conversations and general revelry we know we are there to sell franchises. However has the internet destroyed exhibitions and the exhibitors role as gatekeeper of information, now a consumer learns everything they need via Google? Less footfall, more 3x3 stands and a mindset of "If we get one sale it pays for the stand" AM I WRONG? LOGIC Exhibitions functioned as a critical point in the buying process "The zero moment of truth" when a buying decision was cemented into the prospects brain. "ZMOT" was historically driven by the franchisor organising the release of detail to suit their sales process. Exhibitions were a chance to see info for the first time and get excited about it In 2024 the "ZMOT" is controlled by the prospect and therefore signals a key change in the role of exhibitions for franchisors NEW REALITY FACT: Less attendees BUT still opportunity to display the offer to a few thousand "interested people" FACT: Attendees are not there to see you 😱 unless you specifically invited them or you are #Mcdonalds they have preselected a sector/brand to meet FACT: Reasons to attend have changed, the old idea that they want to replace a job or find a new business opportunity is too narrow. Add a desire to increase returns on available cash, investing in family members, extending an existing business portfolio or leveraging the synergies of existing franchise operations they own EXHIBITIONISM!? 😘 Don't be shy there's many benefits to going for it, the obvious, to sell a franchise. Less obvious, to show a network positive intentions for future growth. Supporting brand identity. Improving your skills and capabilities. Nurturing direct franchisee involvement in the recruiting process. Finally improving your personal brand! Show off what you've got, put on the glam baby but with purpose. A new dynamic requires new actions to gain positive results ACTIONS: 1. DEFINE INSANITY last years stand is fine! Examine the stats, leads taken, attendees to your DD days and ultimate conversions...within those facts are the answers 2. WOW FACTOR ask yourself "Would I look at my stand, walk on it, when chatting over a coffee would I say have you seen X wow!" 3. LOVE YOUR PROSPECTS invite for a mini "discovery day" because someone else will 4. BRAND AMBASSADORS can yours orientate interaction with the nuance required to create interest without hustle with a cold prospect 5. WHATS YOUR SYSTEM to make the stand look busy and therefore look interesting (never a bad look) 6. AN INTERACTIVE STAND (vehicle/equipment/games etc) is far more likely to be visited than a passive info only stand patrolled by staff! 7. MAKE ME MEMORABLE try talks - Be an expert and get on those panels to help promote your brand A tired 3x3 stand with untrained staff no longer stops the traffic. For help try The Franchise Company Ashtons Franchise Consulting Lime Licensing Group
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Last week, we gave you the 411 on the FDD. This week, we've taken a deep dive into the top five franchises that have their FDDs sorted like a BOSS! ✔️ Tap the link below to read 👇 https://buff.ly/3Qr2Du2 #choosefranchise #franchise #franchiseindustry #franchiseaustralia #business
Diving into the FDD heroes - choosefranchise.com
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Skin & Style Architect | Crafting Confidence with Expert Esthetics & Bespoke Makeup Artistry
1moHow can I apply to one of the new Woodhouse Spas as an Esthetician in Colorado?