New hotels are more vulnerable to failure. Statistically they have the highest chance of closing down! This is what Forbe’s data suggests. The Reality of New Startups: A lot of businesses fail during the initial years of their startup. This includes hotels, motels and lodges. The failure rates can be very high for newly started businesses. According to Forbe’s data, nearly […]
What is the biggest complain that franchisee hotels have against their brands? What is it they would like to change or improve? In a small survey held by Stay Express, hoteliers voted on what is the thing they feel lacking. The results are quite interesting. Nearly 50% hoteliers claimed they wanted more support from the brand. They voted for this […]
Franchising is here to stay. It is not going anywhere, according to Sharif Khan, who is an experienced hotelier and has over 20 years of experience in this industry. He has owned and managed hotels, been a franchisee and now is a franchise owner as well. So he has experience of both sides of the hotel franchising business. To operate […]
Hotel franchising is like a marriage between two people. Some marriages last a lifetime while few others are over within a short period. For the marriage to succeed, both parties have to fulfil their responsibilities and promises. Similarly in a hotel franchise setup, the brand and the hotel, both have to fulfil their ends of the bargain. The brands have […]
In order to take advantage of latest trends and be ahead of your competition, hotel owners and managers need to stay updated about latest industry happenings. There are tremendous changes going on in the hospitality and travel industry throughout the world, ranging from small to big changes. If you are not aware of these then you may be left far […]
1. Increased Savings for Franchisees – This is one of our main specialities. We have been able to save our franchisees thousands of dollars, sometimes as much as $200,000 annually. We have highly reasonable and reduced franchise costs including low initial fees, minimal membership or royalty fee, sensible PIP, no brand booking fee, which are all helpful in saving thousands […]
Stay Express is a hotel franchising company with a huge difference. While other franchising companies charge hefty amounts for joining as well as hefty annual fees, Stay Express cares for its partners and does not want to put heavy burden upon them. Due to our reasonable pricing a lot of hoteliers have started preferring us over some of the other […]
High franchise costs worrying you? Read on if you want to save money, increase savings, boost revenues and enjoy higher NOI… Already your business is down in the dumps due to pandemic. The franchisee fees that you have to pay regularly are adding a further strain on your business. So what do you do in such a situation? The answer […]
Stay Express makes hotel franchising easy. Most franchising companies require a long term contract spanning 10 years, 20 years or even more. This can be a huge risk for hotels because they don’t know if a particular franchise would be to their liking or not. Stay Express has a simple solution. We have short term contracts where hotels can join […]
Stay Express is a relatively new entry in the world of hotel franchising. There are some big brands in this franchise industry which have dominated the whole market from many decades. To challenge these brands and make a name for yourself is not an easy task, specially for a new player which has only recently come into the picture. However […]
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