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Your Travel Franchise Conferences & Events News SourceFranchise News Watch brings you the latest in travel franchising conferences & events news from around the web. As a news aggregator for the travel franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop. Red Lion Hotels to Report Fourth Quarter 2009 Results on Tuesday, February 16, 2010Red Lion Hotels Corporation (NYSE: RLH) today announced that it will report fourth quarter 2009 results before the market opens on Tuesday, February 16, 2010. Choice Hotels to Report 4th Quarter and Full-Year 2009 Earnings on February 11, 2010; Conference Call to Be Held on February 12, 2010Choice Hotels International, Inc. (NYSE: CHH) today announced that it will report fourth quarter and full-year 2009 results after market close on Thursday, February 11, 2010. The company will hold a conference call to discuss its fourth quarter... Red Lion Hotels to Report Third Quarter 2009 Results on Wednesday, November 4, 2009Red Lion Hotels Corporation (NYSE: RLH) today announced that it will report third quarter 2009 results after the market closes on Wednesday, November 4, 2009. Choice Hotels to Report 3rd Quarter 2009 Earnings on November 5, 2009; Conference Call to Be Held on November 6, 2009Choice Hotels International, Inc. (NYSE: CHH) today announced that it will report third quarter 2009 results after market close on Thursday, November 5, 2009. The company will hold a conference call to discuss its third quarter earnings at... Starwood Hotels & Resorts Worldwide, Inc. Announces Third Quarter 2009 Earnings Release DateStarwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that it will release the Company's third quarter financial results prior to market open on Thursday, October 22, 2009, followed by a conference call at 10:30am ET. The conference... Wyndham Worldwide Reiterates Second Quarter and Full Year GuidanceWyndham Worldwide (NYSE: WYN) today reiterated adjusted EPS guidance for the second quarter of 2009 of $0.36 - $0.41 and adjusted EBITDA guidance for the full year of 2009 of $760 - $810 million. Red Lion Hotels to Report First Quarter 2009 Results on Wednesday, May 6, 2009Red Lion Hotels Corporation (NYSE: RLH) today announced that it will report first quarter 2009 results after the market closes on Wednesday, May 6, 2009. Choice Hotels International To Host 2009 Outlook Conference CallChoice Hotels International, Inc. (NYSE: CHH) today announced that it will hold a conference call with analysts and investors on Wednesday, December 17, 2008 at 10:00 a.m. EST. Stephen P. Joyce, president and chief executive officer, and David White... Red Lion Hotels to Report Third Quarter 2008 Results on Wednesday, November 5, 2008Red Lion Hotels Corporation (NYSE: RLH) today announced that it will report third quarter 2008 results after the market closes on Wednesday, November 5, 2008. Choice Hotels to Report 3rd Quarter 2008 Earnings on October 27, 2008; Conference Call to Be Held on October 28, 2008Choice Hotels International, Inc. (NYSE: CHH) today announced that it will report third quarter 2008 results after market close on Monday, October 27, 2008. The company will hold a conference call to discuss its third quarter earnings at 9:30 a.m. EDT... Wyndham Worldwide to Report Third Quarter 2008 Earnings on October 30, 2008; Conference Call and Webcast at 8:30 a.m. EDTWyndham Worldwide Corporation (NYSE: WYN) today announced that it will discuss the company's third quarter 2008 financial results at 8:30 a.m. EDT on Thursday, October 30, 2008. Red Lion Hotels to Report Second Quarter 2008 Results on Wednesday, August 6, 2008Red Lion Hotels Corporation (NYSE: RLH) today announced that it will report second quarter 2008 results after the market closes on Wednesday, August 6, 2008. Starwood Hotels & Resorts Worldwide, Inc. Announces Second Quarter 2008 Earnings Release DateStarwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that it will release the Company's second quarter financial results prior to market open on Thursday, July 24, 2008, followed by a conference call at 10:30am EDT. Wyndham Worldwide to Report Second Quarter 2008 Earnings on July 31, 2008; Conference Call and Webcast at 8:30 a.m. EDTWyndham Worldwide Corporation (NYSE: WYN) today announced that it will discuss the company's second quarter 2008 financial results at 8:30 a.m. EDT on Thursday, July 31. Choice Hotels to Report 1st Quarter 2008 Earnings on April 28, 2008; Conference Call to Be Held on April 29, 2008Choice Hotels International, Inc. (NYSE: CHH) today announced that it will report first quarter 2008 results after market close on Monday April 28, 2008. Wyndham Worldwide to Report First Quarter 2008 Earnings on May 1, 2008; Conference Call and Webcast at 8:30 a.m. EDTWyndham Worldwide Corporation (NYSE: WYN) today announced that it will discuss the company's first quarter 2008 financial results at 8:30 a.m. EDT on Thursday, May 1. Wyndham Worldwide To Report Fourth Quarter And Full Year 2007 Earnings On February 12, 2008; Conference Call And Webcast At 8:30 A.m. EstWyndham Worldwide Corporation (NYSE:WYN) today announced that it will provide a webcast of its conference call to discuss the company's fourth quarter and full year 2007 financial results at 8:30 a.m. EST on Tuesday, February 12. Steve Holmes, Chairman... |
Family Friendly: A case study on family-run franchisingFamily-run franchise operations can offer a blessing, or a curse. An example of the blessing would be the close relationships and high degree of trust that exists in many families. In this case, success generally follows. But an example of the curse of family-run franchises could be the inability to separate business from family. That could be a serious problem after 5:00 and on weekends. Still, many families find the attraction of working together a strong pull and the results can be quite productive. Families like Ed Doherty's are a perfect example.< Mentor-Motivated: Two Key Individuals have Inspired Jerry HeathTwo people have figured prominently in Jerry Heath's career. The first is his father, who helped bankroll him when he started out in franchising. The second is Steve Jackson, the president of Hungry Howie's Pizza, who began mentoring Heath at an impressionable age (12). Stop the Bleeding: What Franchisors can do to Help Struggling FranchiseesTwo years of tight credit and reduced consumer spending not only have left many franchisees reeling, they've also put a serious crimp in their franchisors' royalty streams. We asked workout professionals and bankruptcy attorneys experienced in franchising what franchisors can do to help turn around their distressed franchisees--without spending precious funds or getting themselves into legal hot water. Franchising With Family Members Can Be Fraught With Danger Or Filled With SuccessIt can be difficult enough to get a franchise up and running on your own, or with other operational and investing partners, but it can be downright arduous if family members are involved in the deal. But that's the route some franchisees take and when done properly this management model can provide years of personal and professional harmony. But there are some secrets to making it work. Go in unprepared and you could break up a business and a family. The Winner's ColumnAs savvy franchise companies continue to flourish in this challenging economy, FUSR will continue to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, and continuing to grow despite the economy - maybe even because of it. And, as the U.S. struggles through its "jobless recovery," growth-oriented franchisors continue to look overseas for expansion opportunities. Sales Intelligence for Superior Performance, Part 2Aggressive growth companies measure the performance of their sales personnel just as they do their advertising. With high recruitment expenses you can't afford mediocre selling performance, which costs dearly in lost franchise deals. A policyholder survey by Prudential Insurance revealed that the greatest influencing factor in the buying process is the sales person. Turning Around Struggling FranchiseesTwo years of tight credit and reduced consumer spending have left many franchisees reeling and put a serious crimp in franchisors' royalty streams. Workout professionals and bankruptcy attorneys experienced in franchising discuss what franchisors can do to help turn around distressed units - without spending scarce funds or getting themselves into legal hot water. New Gift Card Regulations Kicked in August 22ndLast year when President Obama signed the Credit Card Act of 2009 (the Act") into law, the nation's attention largely focused on those provisions of the law that aim to change the way credit card companies do business with consumers. However, since the Act imposes requirements on gift card issuers, it also changed the way many retailers and franchise companies will do business with consumers. Strong Cultures Sell More Franchises!Every franchise organization has a culture, the same way every person has a personality. If your franchise brand is serious about growth and development, ask yourself these two questions: 1) Does our franchise system have a strong, positive culture?; and 2) Is it a culture that promotes selling franchises? Special Operations: Franchising in a Strange LandOpening franchise units in nontraditional locations has been the domain of specialists--but not anymore. With the economy still slumping, lending still tight, and suburban expansion at a standstill, many multi-unit franchisees are exploring the viability of sites such as airports, hotels, colleges, senior centers, highway rest stops, hospitals, and military bases. |