Hotel

Independently run hotels find it tough to stand out from the crowd of big chains and other lodging even when the travel industry is booming, but what’s a hotel owner to do when times are as tough as they are now?

Three franchisee partners in South Africa are suing each other over lost revenues after their franchise was terminated eight years early.

The famous international hotel chain's name that is on the door of the hotel most likely doesn't own the hotel. The hotel is owned by an individual or investment fund who is a franchisee.

The housing market crisis and soaring gas prices helped make vacationers in 2008 take a "staycation", where they stay home for vacation. During such volatility, franchising hotels took less punishment in the stock market.