Question 76 - 77 refer to following paragraph: Clarendon Hotels and Resorts – Franchise Development Clarendon is focused on moving forward. We keep our brand consistent and strong by managing a standard of quality product and service that is second to none, making Clarendon a name that customers can trust. Our expansion strategy covers all of the key areas of support for a successful hotel business. We take our relationships with franchisees seriously and offer lucrative financial packages.
Summary of Fees INITIAL FEE: $75,000 (USD) ROYALTY FEE: 5% of Gross Room Revenue annually MARKETING CONTRIBUTION: 2% of Gross Room Revenue annually This applies to the U.S and Canada only. The information provided here is a summary and does not include all fees and costs. For complete information about fees, services, and licensing requirements, please request a copy of the Clarendon Franchise Information Package from our head offices in Philadelphia. 76. How much could a franchise make in the first year?
Our aim is to increase the efficiency of the rail services both for freight and passengers by providing services on the network and increasing -------- among companies.
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