In an economic environment where hotel owners are trying to stretch every dollar, America’s Best Franchising is offering six “royalty free” months to new franchisees of its Vagabond upper economy brand. The company is launching the promotion at the AAHOA Annual Convention & Trade Show which is being held June 15 through 18 in Las Vegas.
“Vagabond properties are performing at exceptional levels, so we are giving hoteliers an added incentive to see how this proven brand can improve their return on investment even more quickly and dramatically,” explains Doug Collins, Chairman and CEO of America’s Best Franchising.
According to Collins, Vagabond’s existing portfolio of properties are delivering significant results in at least four important measures of performance:
- Central Reservation System (CRS) delivers more than $7 in reservation revenue for every $1 in royalty fees
- Brand-wide RevPAR up more than 10% this year over last
- Brand-wide occupancy up more than 7% this year over last
100% penetration on the Smith Travel Report Index“Smith Travel recently elevated the Vagabond brand from economy to mid-scale, which reflects that higher room rates are being achieved,” adds Collins.
Atlanta-based America’s Best Franchising is known for having one of the industry’s most franchisee-friendly contracts, which is based on AAHOA’s 12 points of fair franchising. The company is also the only franchisor to provide every property with a customized website.
Currently, America’s Best Franchising operates almost 300 properties across the country under its 3 Palms brand for upscale independent properties plus its five upper economy brands – America’s Best Inns & Suites, Budgetel Inns & Suites, Country Hearth Inns & Suites, Parkside Hotels & Resorts, and Vagabond Inns & Suites.
“Today more than ever, every dollar counts, so we work carefully and continually with our franchisees to enhance the bottom line,” says Collins. “It’s a deliberate strategy of mutual growth and success.”





