Hotel Management Franchise Opportunity
Spree Hotels 8.4 /10
2010 Estd
·
30
Franchisees
· Bangalore HQ
· Listed By Management Member
This transaction has closed and is no longer available.
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Hotel Franchise, Management Contract and Pure Revenue Share | USD 815 thousand - 3.5 million | USD 9.3 thousand | 9,000 - 100,000 Sq Ft | 40 | USD 47 thousand | 25% | 8 to 10% royalty or 22% of room revenue and 18% of other revenue |
| Format Name | Hotel Franchise, Management Contract and Pure Revenue Share |
|---|---|
| Investment | USD 815 thousand - 3.5 million |
| Brand Fee | USD 9.3 thousand |
| Space | 9,000 - 100,000 Sq Ft |
| Staff | 40 |
| Expected Monthly Sales | USD 47 thousand |
| Profit Margin | 25% |
| Royalty / Commission | 8 to 10% royalty or 22% of room revenue and 18% of other revenue |
Documents
Domain-Verification.pdf
(212.8 KB)
Pitch Deck
(8.6 MB)
About Spree Hotels
The first hospitality brand designed for the evolved, modern global traveler to India. Spree will incorporate elements such as modern decor, a full-service focus, cutting-edge technology, and a deep respect for the environment into the experience that it carefully crafts for its customers.Our properties across India offer services like blazing-fast free internet, comfortable beds and bedding, scrumptious hot breakfast and much more. With an unyielding promise of superior customer service and a hardworking team to ensure the safety and comfort of all our guests we strive to offer all our guests an unparalleled customer experience ensuring a truly delightful stay. With a team that comes with several decades of hospitality experience Spree is poised to dot the Indian landscape with its unique brand of hospitality.
Products and Services
Managing hotels, resorts, clubs, and guest houses under our own brand name across India.
Preferred Locations
India.
How to get Spree Hotels Franchise?
After the initial conversation, site visit, terms acceptance, and signing of the LOI (letter of intent) and final agreement.Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
Should maintain the hotel to the specifications of Spree brand guidelines.Shall ensure the hotel is operated with all safety, fire, and all local and national compliances required for the operation of the hotel legally and prudently, and shall indemnify Spree from all costs, damages, and suits in this regard.
Maintain the property as per the standards of Spree hotels, and also shall abide by the latest terms and conditions set out by Spree, which is applicable for all hotels on the system.
Business model is ideal for someone who already has a hotel or someone who wants to get into this space.
Support you can expect from the company
- Spree shall market the hotel on a best-efforts basis.- We will list the hotel on our website and other online and offline sales channels including apps, and also on its sales efforts in various trade fairs, marketing conferences, and sales calls across India.
- Regional Sales Office: Spree shall make sales calls to corporates, travel agents, and others for this hotel at its regional sales offices.
- Spree shall list the hotel on its brand website amongst other places.
- Will set the rates and rate rules/bands/commissions for the hotel for all channels and source markets and segments in consultation with the owner.
Recent Activity
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Earlier than 15 daysFounder & CEO, Delhi, Business Broker connected with the Business
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Earlier than 15 daysGM, Event Management, Nagpur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCivil Engineer, Online, Washim, Individual Investor / Buyer connected with the Business
Profile Stats
- 1000+ Page Views
- 400+ Investor Views
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