New Edition of Franchise Agreements of Green Tree Inn in 2015
Shanghai, China - January 28, 2015 - Recently, GreenTree Inns Hotel Management Group, Inc. announced its 2015 Franchise Agreements. The new franchise rule is concerned to be more privilege to the new brands “Vatica Hotel” and “GreenTree Eastern Hotel”. There will be no initial franchise fees but only basic service charge for local landmark building franchising as well as first GreenTree Eastern Hotel or Vatica Hotel which is located in capital city or municipality.
Until 31 December 2014, there are over 2,000 chain hotels of GreenTree Inns Hotel Management Group, Inc. According to the manager of Investment Development Department. Ms.Huang Tiancheng, the management mode of GreenTree Inn chain hotel is professional and mature. From decoration engineering and pre-opening management to marketing, employees training and daily operating, GreenTree Inn insists on providing a superior and consistently profitable service support system to all franchisees. In addition, the thorough membership system, the steady guests stream and systematized operation management guarantee a high return on investment. Thus, these are the most significant factors for all investors to join GreenTree Inn.
More importantly, the total charges of GreenTree Inn franchises are just a half of other brand franchises. “The fees and costs of GreenTree Inn franchises is the most optimal, the brand royalty is approximately 4.5%-5%. Comparing with other chain hotel groups in China, it can obviously save 6% per year. It is supposed that the annual turnover of GreenTree Inn is around ¥60,000,000, therefore ¥ 360,000 can be saved per year. Ms. Huang Tiancheng considers that in order to promote “Vatica Hotel” and “GreenTree Eastern Hotel”, the new franchises terms has been released recently, there will be no initial franchise fees for some particular franchisees, for example the local landmark building franchising and local first GreenTree Eastern Hotel or Vatica Hotel franchising.
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