ATLANTA, GA--(Marketwired - February 25, 2016) - Things are looking good for hotel franchises as more and more people check back in. Five hotel franchises made the 100 Top Global Franchises by Franchise Direct, and four of them made the Top 10.
The recession 7-8 years ago slowed hotel construction, but now people are traveling again and hotel construction is on the rise. Growth has been great for mid-level brands that offer guests comfort and just the right amount of amenities.
Marriott International (#10) is seeing plenty of growth and new unit openings. One quarter of all current U.S. construction is represented by Marriott properties alone, according to hotel executives. Marriott is also expanding by buying hotel chain Starwood. Hilton Worldwide (#9) is expanding as well by introducing a new brand, Tru by Hilton. The brand will focus initially in the U.S. and Canada and will appeal to travelers with its youthful outlook.
The top ten includes also includes Wyndham Hotel Group (#7) and InterContinental Hotels Group (#8). Choice Hotels (#30) also posted significant gains in 2015.
Franchise Direct is known for using objective methodology to evaluate thousands of global franchises. Criteria considered for ranking includes commercial factors such as revenue, growth, and stability, as well as social and environmental policies. Franchise Direct's first list debuted in 2009 and has been a useful resource for entrepreneurs considering entering the franchising industry.
To view this year's ranking of food industry franchises and read the accompanying report, please visit the Top 100 Global Franchises page.
About Franchise Direct:
Franchise Direct is the world's leading franchise portal, operating 13 platforms across 5 continents. Franchise Direct provides the only credible, research-based ranking of global franchises to reach their goal of providing reliable information for entrepreneurs and investors.
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