What are the requirements for hotel franchise?

1. Own your own property

The prerequisite for joining is to own a property, but this property is not just any property, it must be suitable for transformation into a hotel. Therefore, the following conditions need to be met: 1. Clear property rights 2. Reasonable structure 3. A certain distance from residential areas 4. Not located within a government planning area. At the same time, the location must also be particular about, with convenient transportation, complete surrounding facilities, and large passenger flow. These three conditions are basically necessary. More reasonable locations include business districts such as stations, university towns, commercial districts, large residential areas, and scenic spots. Finding suitable properties is time-consuming, so entrepreneurs should try to choose cities they are familiar with, and they can also consider hotels that are ready to be resold.

2. Have enough renovation funds

Chain hotels have their own decoration standards. Even if you take over someone else's hotel, you still need to renovate it. And this decoration must be carried out by a qualified decoration team. Even if a cheaper budget hotel is converted from rough rooms into finished rooms, the investment for a single room will still be 40,000 to 70,000 yuan. However, if the property itself has better decoration facilities, you can also save a lot of decoration costs. Of course, if you are not sure how many rooms you can afford to join, you can also directly consult the brand.

3. Entrepreneurs themselves must also be capable

Even if you join a franchise, it is still an entrepreneurial venture, and entrepreneurship will test a person's comprehensive ability. Entrepreneurs inevitably have to deal with all kinds of people such as property owners, local governments, decorators, suppliers, and brands. If you stutter even when talking to strangers, then I'd better give up the idea as soon as possible to say something ugly. Although franchising can provide operational and technical guidance, in the final analysis, hotels still need entrepreneurs to operate them themselves. If you want to realize your entrepreneurial ideal through hotels, you can't just place your hopes on the brand. You also need to work hard to learn industry knowledge.