Entrepreneur Magazine Ranks Hampton in Top 5 of 500 Franchises
MCLEAN, VA, January 5, 2010 - (BUSINESS WIRE) - Hampton Hotels (www.hampton.com), the international brand of more than 1,700 mid-priced Hampton Hotels, today announced that it was honored to be ranked 4th in Entrepreneur Magazine's annual Franchise 500®, known as the world's first, best, and most comprehensive franchise ranking.
“This is a great honor for us,” said Phil Cordell, Global Head, Hilton Focused Service and Hampton Brand. “We have an outstanding business model all backed by the Hilton Worldwide machine, and it's very encouraging to receive such recognition from a credited and impartial source. Breaking into the Top 10 is a first for Hampton, which underscores the growing strength of our brand, our determination to put guests first and having outstanding franchisees and team members, what a great way for the brand to start 2010.”
Hampton has been focused and forward thinking over the years, anticipating the changes in the hospitality industry, guests' needs and listening to its franchisees by incorporating them into every change and innovation program. For over 25 years Hampton has led the mid-priced segment and in 2010, Hampton will continue its ongoing growth with initiatives to transform the hotel brand, to enhance the guest experience at all of its hotels and deliver a successful business for its franchisees.
Hampton continues to raise the bar in its segment, moving on to the next stage of the hotel and guest experience - what's next for Hampton? Welcoming international franchisees as the brand develops its international pipeline, continuing to connect with new and loyal guests and maintaining what it has stood for over the years: value and consistency, all backed by its renowned 100% Satisfaction Guarantee.
Entrepreneur Magazine's Franchise 500 ranks franchises based on a variety of criteria, including financial strength and stability, growth rate, and size of the system. This year's 2010 rankings mark the 31th anniversary of the Franchise 500.