Thursday, September 3, 2015

Microtel Inns and Suites Franchise

In the Philippines, the cost of travelling via air and sea has significantly gone down over the years. I remember during the nineties, the cost of one plane ticket travelling to local or international destinations cost an arm and a leg. Now, anyone who is gainfully employed can afford to travel. As a result, the tourism industry is booming, as well as services that cater to tourists like hotels and inns.

Microtel Inns and Suites is very well positioned to tap into the vast tourism market for both local and foreign travelers. With franchise inns and hotels located all over the country, they can cater to a lot of clients. For businessmen interested in starting a hotel business, you can own part of a hotel or inn by joining their team. You can choose how many rooms you want to own to increase your revenue. It's truly an ingenious concept.

Franchise Details:

Total Estimated Franchise Cost: P 2,500,000.00 per room
Franchise Fee: $1,000.00 per room
Royalty Fee: 4% of gross revenue
Marketing Fee: 2% of gross revenue
Franchise Renewal: 10 years

Contact Details:

Contact Address: 2nd floor PHINMA Plaza, No. 39 Plaza Drive Rockwell Center, Makati City 
Contact Number: (02)8997171   FAX: (02)8700303

source: logo and symbol © Microtel Philippines

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