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Home > Franchises > Super 8 Motels
Super 8 Motels
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Super 8 Motels was founded in 1974. Super 8 Motels has been franchising since 1976 and has more than 1,800 locations throughout the United States and Canada. Super 8 is based in Parsippany, New Jersey. Super 8’s parent company, Cendant, owns hotel franchisors Travelodge Hotels, Days Inns, Howard Johnson, Ramada, Knights Inn, Wingate Inns and Villager, in addition to Jackson Hewitt Tax Services and several real estate franchisors. Franchisor has 642 employees. Super 8 Motels provides Economy motel lodging. Cendant Corporation's Hotel Group, based in Parsippany, New Jersey, is the world's largest lodging franchisor with 6,358 hotels representing 511,610 rooms on five continents under the Super 8, Days Inn.
For their good service some cost or fee structure available like as their total investments are 285000 to 2.8 million and their franchise fee varies. Their ongoing royalty fee is 5 percent and their term of agreement is 20 years which is not renewable. For their excellent service they have achieved good position in the market. In the Franchise 500 rankings, they have ranked 34th in 2006, 24th in 2005, 15th in 2004, 8th in 2003 and 47th in 2002. They have ranked first in the category in 2003 and in the fastest-growing franchises, it has ranked 48th in 2003 and 39th in 2002. In the America's top global franchises, it has ranked 33rd in 2006, 31st in 2005 and 25th in 2004 according to the rankings in the Entrepreneur magazine of 2002 to 2006.
Super 8 offers rooms for 8.88 dollars per night. More than 30 years later, Super 8 has become a roadside institution offering guests consistently clean rooms and friendly service at over 2000 motels across North America.
Super 8 Motels have consistently dominated in every aspect of the industry. With their well defined pricing strategies, quality customer service and their effective sales and marketing practices, they have far outdone their competition on a daily basis.
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