What to Look for in a Hotel Franchise Opportunity

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When evaluating a hotel franchise opportunity, look past the brand name and check the initial fees and ongoing royalty structure, as these cut into your bottom line. Investigate the franchisor's support for site selection, construction, and training, because on-the-ground help matters more than flashy promises. Talk to current franchisees about their real experiences with the corporate team and local market conditions. Also, consider the reservation system and how much booking power the brand a…