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Budget Hotel Franchise

Concept: Akena is part of the budget hotel industry, a fast-growing sector. This is both a flexible and profitable franchise. Akena has a centralised booking system, which simplifies administration for franchisees.

Franchisee requirements: Serious investors who want to build real estate portfolios or a would-be owner-operator with considerable financial means.

Advantages: Extensive market research is done before every launch. An occupancy rate of 75 to 80 % is realistic, and you don’t even need to be located near town or city centres achieve this. The investment required to buy an Akena franchise is considerably lower than than starting your own budget hotel. Return on investment is usually between five and six years.

Other information: One of the most compelling options for funding is something called an ‘In Fine Loan’.

Product/service: Hotels.

Total investment: Between €350,000 (£252,000) and €450,000 (£324,000), depending on whether there are 30 or 50 rooms.

To receive more information on this budget hotel franchise opportunity, or to contact the franchisor directly, please complete the contact form below:

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