Evaluating a Hotel Franchise Agreement
Hospitality runs in the blood of Ryan Rivett, co-founder and CEO of My Place Hotels. His grandfather, Ron Rivett, founded the company, but is also well known as the creator of the popular, economy Super 8 brand, now under Wyndham Hotels & Resorts. In this wide-ranging discussion, he chats with host Robin Trimingham about many items within the hospitality space, including the opportunities associated with the hotel franchise operating model, breaking down, for instance, what each party to the agreement is responsible for. Rivett also offers advice for first-time franchisees and what to expect during each phase of the process.