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Econo Lodge
The Econo Lodge brand hotel is one of the best-known names in its category and offers clean, comfortable and affordable lodging with great curb appeal to value-conscious travelers. Econo Lodge is one of Choice Hotels ten brands worldwide. There are over 5,300 Choice hotels open and under development in 46 countries totaling almost 400,000 rooms. The company has a long, solid history in hospitality and franchise development that helps them better understand what it takes and how to get there. They have developed an exceptional set of resources, operational systems and marketing programs to help their management to create and maintain the best hotel for the customer
Facts & figures
The capital required to open a unit is $2,000,000. The lowest you can expect to invest is $208,275 if you want to become a franchisee. The high end of the total investment required to open a franchise is $938,645. New franchisees can expect to pay a $8,000 franchise fee for the rights to open their own location.
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