Dream Vacations ranked for the 22nd consecutive year
For 22 consecutive years, leading travel agency franchise Dream Vacations has been ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever.
Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Dream Vacations as 101 for its outstanding performance in areas including unit growth, financial strength and stability and brand power.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor in chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“To be recognized year-after-year is testament to Dream Vacations’ legacy as the best travel agency franchise,” said Debbie Fiorino, senior vice president of Dream Vacations. “Our goal is not to be the largest travel agency franchise, but rather to have the most successful franchisees which is why we have created a culture of caring at Dream Vacations. We actually listen to our travel agency franchise owners to create and enhance resources that will help them do business more efficiently and increase their bottom line.”
Dream Vacations provides entrepreneurs with a passion for travel the tools they need to successfully own and operate a travel agency business. This includes in-person and on-demand training opportunities, award-winning marketing programs of which 90 percent are free to participate, web-based business tools that are provided at no additional cost and which enable franchisees to work from anywhere in the world with an internet connection, and more.
Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Dream Vacations’ position on the ranking is a testament to its strength as a franchise opportunity.
For more information about the ranking, please visit www.entrepreneur.com/franchise500 or check out January/February 2019 issue of Entrepreneur. Dream Vacations is looking for individuals who are passionate about travel with an entrepreneurial spirit who would like to be part of a travel agency franchise that cares more about its agents and travelers. For more information please visit www.dreamvacationsfranchise.com or call 888-249-8235.