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7 Best Hotel Franchises to Start in 2024

7 Best Hotel Franchises to Start in 2024

Are you looking for a list of the best hotel franchises to start from this year? If so, you’re in the right place.

At Del Taco, we work with many hotel operators to expand their hospitality portfolio by adding a taco franchise to the mix.

In this article, we will highlight seven of the best hotel franchises to start in no particular order.

Marriott International

Marriott International is the world’s largest hotel chain and they offer many upscale brands like Ritz-Carlton, JW Marriott, St. Regis, and Bulgari to cater to high-end travelers.

In 1927, the company was founded by J. Willard Marriott and his wife Alice Marriott. They are currently headquartered in Bethesda, MD.

Marriott has 32 brands with over 8,700 properties containing more than 1,500,000 rooms in 139 countries and territories.

Hilton Worldwide Holdings

Hilton Worldwide Holdings is a giant among the hospitality industry that manages and franchises a broad portfolio of hotels, resorts, and timeshare properties.

Founded in 1919 by Conrad Hilton, the company has grown to operate 22 different brands including:

  • Hilton Hotels & Resorts
  • Waldorf Astoria
  • LXR Hotels & Resorts
  • Conrad Hotels
  • Canopy
  • Signia
  • Curio Collection
  • DoubleTree
  • Home 2 Suites
  • Spark
  • LivSmart Studios
  • Hilton Garden Inn
  • Tapestry Collection
  • Tempo
  • Motto
  • Hampton

As of 2023, the company’s portfolio includes 7,530 properties with more than 1,000,000 rooms in 118 countries and territories.

Wyndham Hotels & Resorts

With thousands of hotels in more than 95 countries, Wyndham Hotels & Resorts has a growing global footprint in the Hospitality Industry.

Wyndham has a portfolio of 20 hotel brands including Baymont, Days Inn, Howard Johnson, La Quinta, Ramada, Super 8, Travelodge, and – of course – Wyndham.

They are looking for franchisees who are interested in converting an existing hotel to a Wyndham brand or building a new hotel from the ground up.

InterContinental Hotels Group

InterContinental Hotels Group better known as IHG Hotels & Resorts, is a British multinational hospitality company headquartered in England.

This company owns many well-known brands like Holiday Inn, Holiday Inn Express, Candlewood Suites, and Staybridge Suites.

IHG represents more than 800,000 guest rooms and 5,600 hotels across nearly 100 different countries.

Choice Hotels International

In 1939, a group of seven nonprofit motels operating by the name Quality Courts United, Inc. was founded in Florida.

After several name changes throughout the years, the company would eventually become Choice Hotels International which they are known as today.

Today, the company has franchised nearly 7,500 hotels representing 630,000 rooms in 46 countries around the world.

Hyatt Hotels Corporation

Hyatt Hotels Corporation is known for their contemporary luxury and personalized service with brands like Park Hyatt, Andaz, and Grand Hyatt.

The company is headquartered in Chicago where they manage and franchise luxury and business hotels, resorts, and vacation properties.

Today, Hyatt has more than 1,350 hotels and all-inclusive properties in 69 countries across six continents.

Radisson Hotel Group

Radisson Hotel Group offers a variety of mid-range and upper-midscale hotels like Radisson, Radisson Blu, Country Inn & Suites, and Park Inn by Radisson.

The company was founded in 1962 when Curt Carlson bought the Radisson Hotel in downtown Minneapolis. 40 years later, they expanded into one of the top hotel corporations in the world.

In June of 2022, the Radisson Hotel Group agreed to sell their franchise agreements, operations, and intellectual property in the United States, Canada, Latin America, and the Caribbean to Choice Hotels for $675 Million.

Check Out These Additional Resources

We hope this article featuring the best hotel franchises to start helped you narrow down your search.

At Del Taco, our taco franchise is the perfect addition for hotel operators looking to expand their portfolio beyond hotels.

Here are some additional online resources you may like to check out:

If you have any questions or you’re ready to get started, contact our franchise sales and support team.

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