Knights Franchise Systems

Hotel chain

Knights Inn, a hotel chain with more than 230 locations in North America, was founded in 1972. The franchise, which is operated by Cendant Corp., provides limited-service, budget lodging to families, senior citizens, business travelers, truckers and other value-conscious travelers.

Knights Inn looks for franchisees with hotel management or operation experience.

Please Note: The operators of Knights Franchise Systems, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Knights Franchise Systems website.

Start-up Costs & Franchises Fees

How much does it cost to open a Knights Franchise Systems Franchises?

Total Investment: $202,000-$4,400,000
Initial Franchise Fee: N/A
Royalty Fee: $21/rm./mo.
Advertising Fee:
Term of Agreement: 3 years

How to contact Knights Franchise Systems

Knights Franchise Systems
1 Sylvan Wy.
Parsippany, NJ
07054

Toll Free: (800)758-8999
Fax: (800)643-2107

Website: Visit Website

Knights Franchise Systems News

Arnold Palmer And Richard Petty Attend Wyndham Championship Opening Ceremony
Two of the greatest icons in sports will attend the Wyndham Championship opening ceremony at 5 p.m. Wednesday, Aug. 13 on the first tee at Sedgefield Country Club, it was announced today. The event is open to the public. The first round of the 69th annual Wyndham Championship begins Thursday morning... more

Wyndham Worldwide To Acquire Microtel And Hawthorn Suites Brands
Wyndham Worldwide Corporation (NYSE: WYN) today announced it will acquire US Franchise Systems Inc. and its Microtel Inns & Suites and Hawthorn Suites hotel brands, together totaling more than 29,000 rooms, from a subsidiary of Global Hyatt Corporation. Microtel Inns & Suites, a chain of 292 all-... more

Hotel Operators Get Chance To 'Test Drive' Knights Inn Brand
Hotel operators now can experience the benefits of the Knights Inn® brand at minimum risk by participating in its Knights Inn Test Drive program, which features a franchise agreement with one-year initial window, low initial payments and a flexible fee structure. Operators who sign a franchise w... more

Cendant Corporation Completes Previously Announced Sale Of Marketing Services Division
Cendant Corporation (NYSE: CD) today announced that it has completed the previously announced sale of the companies that comprise its Marketing Services Division to Affinity Acquisition Holdings LLC, an affiliate of Apollo Management, L.P., for approximately $1.8 billion of total consideration, of w... more

Cendant Completes Previously Announced Wyndham Acquisition
Cendant Corporation (NYSE: CD) today announced it has completed the acquisition of the management and franchise business of the Dallas-based Wyndham® hotel chain from an affiliate of The Blackstone Group for $101 million in cash. The acquisition includes 82 franchise agreements, 27 management contr... more
View all Knights Franchise Systems Press Releases

Franchise History

When did the first Knights Franchise Systems open? 1972
When did Knights Franchise Systems start Franching? 1991

Year U.S.A. Canada International Corporate

2005 199 9 0 0

2004 189 10 0 0

2003 195 9 0 0

2002 209 6 0 0

2001 223 3 0 0

Expansion Plans

International:

Financing Options

Expense In-House Third Party

Franchise Fee No Yes

Startup Costs No Yes

Equipment No Yes

Inventory No Yes

Accounts Receivable No No

Payroll No Yes

Third Party Financing Source(s): American States Leasing, CIT & Jacom Leasing Group

Training & Support

Training
Regional workshops

Support
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations

Marketing
National media

Business Operations

International franchisees required to buy multiple units/master licenses

Absentee ownership of franchise is allowed.

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