Business Services Industry
Knights Franchise Systems, a subsidiary of Cendant Corp., launched an incentive program to encourage development
Hotel & Motel Management, Sept 20, 2004 by Elaine Simon
* Knights Franchise Systems, a subsidiary of Cendant Corp., launched an incentive program to encourage development. The program offers a $20.80 per room fixed monthly charge that includes royalty and marketing fees. The agreement features a three-year renewable term for up to four renewal terms. There is a fixed $1 fee for each voice booking made through the Cendant central-reservations system.
Compiled by Elaine Simon, esimon@advanstar.com
COPYRIGHT 2004 Questex Media Group, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
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