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Monday, March 15, 2010

Lodging Hospitality Launches Franchise Fee Calculator

Penton Media's Lodging Hospitality, the leading source for information for the hotel management industry, today announced the launch of a new, online tool to assist hotel owners, developers, and investors in calculating the basic franchise fees for more than 60 of the top hotel brands. Accessible from the home page of the Lodging Hospitality website (www.LHonline.com), the Franchise Fee Calculator is the first of its kind, presenting a powerful and convenient way for those interested in a hotel investment to make educated decisions when considering their business options and brands.

The Franchised Fee Calculator is free of charge. Hotel executives who are considering changing flags, building a new hotel, or just looking to compare fee structures simply enter the number of rooms, average daily rate, and occupancy rate into the online calculator. Each calculation supplies accurate, straightforward comparisons for up to five brands with links to additional information on each of the franchise brands.

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