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The Verda

Hotel Chain The Verda Franchise Cost – How to get, Contact, Apply, Fee

  • The Verda
  • The Verda
  • The Verda
  • 1200 - 2000 Sq.ft
    Area Req
  • INR 5 Cr - 10 Cr
    Investment Size
  • Less than 10
    No. Of Franchise Outlets
  • 2011
    Establishment Year

About brand - The Verda

The Verda offers a range of flexible business models tailored to meet the diverse needs of investors and entrepreneurs in the hospitality industry. By providing four distinct types of contracts, The Verda ensures that both new and seasoned operators can tap into its expertise, network, and proven strategies for success. Whether you’re a hotel owner looking for management expertise, a budding entrepreneur seeking a franchise, or someone interested in a lease agreement, The Verda can provide the ideal platform for growth. Here’s a breakdown of the different partnership options available:

Franchise Contract:

Under a Franchise Contract, you operate your hotel directly under one of The Verda’s established brands. This model gives you the benefit of utilizing The Verda’s extensive expertise in the hospitality industry while maintaining control of day-to-day operations. In exchange for a franchise fee, your hotel gains access to several advantages, including:

  • Brand Recognition: Your hotel becomes part of The Verda's powerful network, benefiting from the brand’s established reputation.
  • Global Marketing and Sales Force: The Verda’s worldwide marketing team will promote your hotel, attract customers, and help you understand market trends. You will also gain access to valuable customer insights and market data.
  • Central Reservations System: Your hotel will be integrated into a global reservations platform, ensuring visibility to a wide customer base.
  • Loyalty Program: You’ll tap into an existing worldwide loyalty program, incentivizing repeat customers.
  • Supplier Network: The Verda offers access to a broad range of suppliers, ensuring the best deals on quality products and services.

Management Contract:

For investors who prefer to remain hands-off, the Management Contract allows The Verda to take control of the hotel’s daily operations. This contract is ideal for those who want to benefit from The Verda’s operational expertise without directly managing the hotel. In return for management fees based on revenue and profits, the hotel gains numerous advantages, such as:

  • Brand Power: Like the Franchise Contract, the hotel benefits from The Verda’s brand recognition, network, and global marketing reach.
  • Operational Expertise: The Verda provides in-depth knowledge of hotel operations, from implementing best practices to monitoring performance and optimizing processes.
  • Cost Savings: The Verda’s extensive experience in the industry helps reduce operational costs and maximize profitability.
  • Training and Development: The Verda ensures that staff are hired, trained, and managed according to the highest standards, contributing to the overall operational excellence of the hotel.

Exclusive Marketing Contract:

This contract allows you to operate your hotel under a co-branded partnership with The Verda. You pay a pre-decided percentage of the revenue generated by the hotel in exchange for the brand’s marketing, sales, and operational support. This is a great option for those who want to retain more control over their operations but still benefit from the global recognition and resources that The Verda offers. Key benefits include:

  • Co-Branding: Your hotel will operate under a collaborative branding arrangement with The Verda, leveraging the brand’s market presence.
  • Sales and Marketing: The Verda’s marketing team will support your hotel’s customer acquisition efforts through targeted campaigns and global promotions.
  • Central Reservations and Loyalty Programs: Similar to the Franchise model, your hotel will benefit from centralized booking and a strong loyalty program.

Lease Contract:

Under the Lease model, The Verda takes on full operational responsibility for the hotel, paying you a percentage of the revenue generated or a contractually agreed-upon amount. This is ideal for those who want to lease their property to a reputable brand while generating passive income. The Verda will handle all aspects of operations, from staffing to marketing, ensuring that your property is maintained to the highest standards.

Regardless of which contract you choose, The Verda prioritizes creating long-term, successful relationships with its partners. The company offers comprehensive support in various aspects of hotel management, including marketing, sales, human resource management, and cost control. Its goal is to optimize your investment by increasing profitability, improving operational efficiency, and enhancing customer loyalty. With The Verda’s years of experience and robust network, partnering with the brand ensures that your hotel business is poised for success.

If you’re ready to take the next step toward becoming a successful entrepreneur in the hospitality industry, The Verda’s diverse business models offer a wealth of opportunities to choose from. Reach out now to learn more about how you can get started.

The Verda Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2011

Franchise Commenced On 2011

Franchise Details
Units

Investment INR 5 Cr. above

Franchise/Brand Fee INR 1000000

Royalty/Commission 6 %

Master / Multi Units

Country Wise

Investment INR 5 Cr. above

Region Wise

Investment INR 5 Cr. above

Commission 6 %

State Wise

Investment INR 5 Cr. above

Royalty/Commission 6 %

City Wise

Investment INR 5 Cr. above

Royalty/Commission 6 %

Details

Performance guarantee to Unit Franchise Yes

Anticipated percentage return on investment 10 %

Likely pay back period of capital for a Unit Franchise 1-3 Years

Other investment requirements 1- 100 cr

The Verda Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

 

Tags: Hotel, Travel & Tourism Business Franchise in Delhi   |   Hotel, Travel & Tourism Business Franchise in Haryana   |   Hotel, Travel & Tourism Business Franchise in Himachal Pradesh   |   Hotel, Travel & Tourism Business Franchise in Jammu and Kashmir   |   Hotel, Travel & Tourism Business Franchise in Punjab   |   Show more...

The Verda Franchise Requirements

Floor area requirement 1200 - 2000 Sq.ft

Preferred location of unit franchise outlet anywhere

The Verda Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location at the unit

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

The Verda Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 8 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get The Verda Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about The Verda franchise, you can fill up the application form provided on the website and get all the details viz. The Verda franchise fee, The Verda franchise cost, The Verda apply process and more.

Interested in The Verda Franchise? Apply here

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