Rodeway Inn
Template:Short description Script error: No such module "Infobox".Template:Template otherTemplate:Main otherScript error: No such module "Check for clobbered parameters".Script error: No such module "Check for unknown parameters".
Rodeway Inn is a chain of hotels in the United States and Canada. Founded by Michael Robinson in 1962, the franchise is now led by Choice Hotels corporation.[1]
As of June 30, 2020, there are 578 Rodeway Inn locations in North America, with approximately 33,107 rooms across the continent.[2][3] Each hotel is a franchise, owned and managed by a separate investor.[4]
History
_25Nov07.JPG){kind=link}
The chain was established in Phoenix, Arizona, in 1962. Michael Robinson and his son-in-law Joe Simmons opened the chain under the name Rodeway Inns of America.[1] In 1971, the Vantage Company of Dallas, Texas, acquired the hotel chain. Prudential Life Insurance partnered with Rodeway Inns to finance the company-owned inns with the goal of becoming a franchise. In 1976, the company began focusing exclusively on franchising. In 1985, Ladbrokes purchased the brand, and two years later sold the chain to Ramada.
In 1990, the brand became a part of the Choice Hotels corporate group, along with Friendship Inn and Econo Lodge. The Friendship Inn chain was absorbed by the Rodeway Inn and Econo Lodge brands at this time.[5]
In 2005, Rodeway Inn, led by Division President Kevin Bradt, reorganized its franchise structure to attract franchisees to the hotel chain. In 2007, Rodeway Inn was named the fastest growing chain in the hotel industry by Lodging Magazine. As of 2018, Rodeway Inn is still a part of Choice Hotels International.[1]
Franchise fee
From 1990 to 2005, the franchise fee was structured as a revenue percentage; after that it was an annual fee per room.[6] It costs approximately $500,000 in liquid capital to invest in a Rodeway Inn franchise.[7] As of 2018, the franchise has a revenue percentage fee structure, similar to its sister brand, Econo Lodge.[3]
See also
References
External links
Template:Commons category inline
- ↑ a b c Script error: No such module "citation/CS1".
- ↑ Cite error: Invalid
<ref>tag; no text was provided for refs named10Q - ↑ a b Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- Pages with script errors
- Pages with broken file links
- Hotels established in 1962
- Hotel chains in the United States
- Choice Hotels brands
- Franchises
- History of Phoenix, Arizona
- History of Dallas
- Motels in Canada
- Motels in the United States
- 1962 establishments in Arizona
- American companies established in 1962
- Pages with reference errors