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Knights Inn

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Knights Inn

Knights Franchise Systems, Inc. franchises more than 230 Kights Inn properties in the United Sates and Canada.

Description

Wyndham Hotel Group franchises hotels and provides property management services. We are:

  • The World's largest lodging franchisor, as measured by the number of franchised hotels.
  • A franchisor of 10 lodging brands that include economy, middle scale and upscale accommodations.
  • A lodging business with over 6,300 franchised hotels. This represents approximately 525,000 rooms on six continents – including 10% of the U.S. hotel room inventory.
  • The marketer of the TripRewards® loyalty program, the lodging industry's largest loyalty program as measured by the number of participating hotels.

Our Industry

The $124 billion domestic lodging industry is a fast growing part of the hospitality industry. Generally divided into four segments, the domestic lodging industry includes luxury, upscale, middle scale and economy accommodations.

In 2004, the U.S. lodging industry boasted approximately 47,600 properties, representing more than 4.4 million guest rooms. 3 million of these rooms were in franchised hotels and 1.4 million were in independent hotels.

According to PricewaterhouseCoopers' forecast, the U.S. lodging industry is expected to gross $25.6 billion in pretax profits in 2006 and $30.3 billion in 2007.

Training / Support

Kinghts Franchise Systems, Inc. offers a hands-on orientation program at its state-of-the-art training center in Parsippany, NJ for owners, general managers and other employees, as well as property-opening training at the individual hotel. Franchise Services support is also available and KICC (Knights Inn Cooperative Council) regional programs offer franchisees training, marketing support, advertising services and matching funds for regional marketing programs.

Qualification requirements

Hoteliers seeking a brand that is clearly positioned in the budget segment and dedicated to the success of its franchisees are ideal for the Kinghts Inn chain. Knights Franchise Systems, Inc. also looks for hotel experience and a background managing or operating a hotel - however, this is not a definitive limitation. Additionally, Kinghts looks for financial stability or backing to ensure that the hotel is properly financed. Other factors examined are size of property and local market character

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Franchise details

  • Franchise category:
    Motels
  • Franchise type
    OfficeBased franchise
  • Year established
  • Franchising since:
  • Franchised units:
    230
  • Provides financing?
    Yes
  • Start-up cash:
  • Investment:
    More than $2 million
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