Expedia is looking FOR PARTNERS Set sail with the most recognized brand in travel Retail Travel Agency Franchise Opportunities Expedia CruiseShipCenters Join the fastest growing franchise network in the travel industry’s fastest growing market. Imagine pursuing your greatest passion, working with the most recognized name in travel and actually owning the business! Your Expedia® franchise would add to over 190 locations already in North America, supported by a force of 4,000 Vacation Consultants 4 .21 MILLION The average mature Expedia CruiseShipCenters franchise generates over $4.21 million in sales each year.* who have made us the cruise agency of choice for a million plus travelers. In addition to working within the fastest growing segment of travel, you’d be partnering with a company that has achieved a remarkable annual growth of 20% since 1987. And you’d be joining a group of like-minded, devoted travelers who are enjoying great success, with the average mature Expedia CruiseShipCenters franchise bringing in $4.21 Million in sales per year. Have you imagined earning an income doing something you love and building equity in your own business over time? Well now you can. 20% AVERAGE We are Expedia CruiseShipCenters. We are navigators of spectacular vacation experiences. And we’d like you to consider the prospect of joining us in this adventure. This brochure and the franchise sales information contained herein do not constitute an offer to sell an Expedia CruiseShipCenters franchise. It is for informational purposes only. The offer of an Expedia CruiseShipCenters franchise is by prospectus only. Currently, certain states and provinces regulate the offer and sale of franchises. If you are a resident of or seek to operate a franchise in one of these state or provinces, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in the corresponding jurisdiction. GROWTH Expedia CruiseShipCenters has had 27 years of continued growth, averaging 20% each year - 3x the industry average. *Sales based on stores open for more than 3 years. Sales includes all bookings (active + cancelled), taxes & NCCF’s. Fra n c h i s e O p p o r t un i t i e s 3 The Cruise Industry Phenomenon Growing Demand for Travel Agents Sales of cruise vacations have increased by 8.4% annually since 1980, a rate that Expedia® recognizes that the Internet is ideal for organizing and booking doubles the growth of the tourism industry as a whole. And satisfaction levels simpler travel arrangements but when it comes to complex travel, vacationers are unprecedented with 9 out of 10 cruisers saying they will cruise again. are still seeking the knowledge and support of trusted travel experts. It continues to grow exponentially and we continue to grow with it. BOOMING INDUSTRY Cruise lines are investing billions in new ships. Spectacular experiences need spectacular navigators. 1980s Travel agents booked two-thirds of cruise vacations taken in 2012 and one-third of the 1990s $284 Billion US travel industry was generated through the doors of retail travel agencies. 40 NEW SHIPS 80 NEW SHIPS 2000-2013 That’s why Expedia is actively building a network of franchises right 167 NEW SHIPS across North America and recruiting passionate navigators to chart the course for travelers looking for a spectacular vacation experience. With new ships continuously entering the market to meet increasing demand, cruise capacity continues to grow each year. In fact, 20 more When you match Expedia, the biggest and most renowned Internet travel of these spectacular floating resorts will arrive by 2018. machine, with a real retail presence and add local owners who can create loyal Baby Boomers are traveling the world like never before with the security, luxury and relationships with clients who will book with you again and again - you’ve got convenience of cruise travel suiting them perfectly. Meanwhile, the burgeoning family a strategy destined for success. Plus, you’ll simultaneously be supporting your travel sector promises to sustain that desire to earn an income and enjoy travel while building equity for the future. industry growth far into the future. *Source: Cruise Lines International Association So the vacation demand is there. And the cruise lines are supplying the ships. All that’s needed is somebody to sell the dream! That’s where your opportunity lies. *Source: Cruise Lines International Association 4 Fra n ch ise O ppor tu nitie s 24% 50 MILLION 50 million Americans say they want to take a cruise in the next 3 years. Only 24% of Americans have cruised to date.* 70% 70% of cruisers choose to book with a travel agent.* Fra n c h i s e O p p o r t un i t i e s 5 Powered by Expedia Your Success is Our Success Expedia® CruiseShipCenters® franchisees enjoy the best of two worlds. If you commit to an Expedia® CruiseShipCenters® franchise, you can count You have the entrepreneurial freedom of independent ownership but you also have on a corporate support team who number more than 100 strong. The most recognized travel brand in the world. We are as invested in your business as you are. the backing of one of the world’s biggest and most successful travel names. An expert and dedicated start-up team will work at your side to build out your store and That means you can profit from Expedia® get your business up and running. Training staff and Field Support Reps will maintain products that momentum with regular too, earning commission field visits to make sure you have while booking hotels, the skills and tools to succeed. tours, car rentals and packaged vacations. It also means you Our Partner Support desk is also can leverage $50 billion in at your beck and call to provide buying power and the trusted immediate assistance when you recognition of Expedia’s need it. You will be encouraged global brand. to continually upgrade your sales potential with online, Think of your Expedia in-person and at-sea training CruiseShipCenters alongside other franchisees. 100+ 100+ Corporate Support Team to help you with all aspects of your business: Recruiting, Sales, Marketing, Training, Accounting, Business Planning and more! franchise as a startup with unparalleled backup. GLOBAL BRAND Expedia Inc. has a presence in 70+ countries. 6 Fra n ch ise O ppor tu nitie s It’s simple. The better you do, the better the entire Expedia CruiseShipCenters family does. So we’re there for you. Fra n c h i s e O p p o r t un i t i e s 7 Profit From a Proven Model Innovative marketing fueled by unrivaled technology. Stronger.Together ® Discover a culture of mutual support and passion. Expedia® CruiseShipCenters® has built a marketing machine that generates We call Expedia® CruiseShipCenters® Franchisees our leads, rewards loyalty and creates Customers For Life. And all of that web, partners for a reason. It’s because we’re in this together. email and print marketing is entirely personalized to your franchise so the marketing effort is shared exclusively between you and your clientele. This proprietary technology we call CruiseDesk® has been perfected over nearly 30 years and is the one of the most cutting-edge platforms in the industry. It 90% Our Franchise Partners all share an aptitude for leadership, fostering customer relationships, selling travel and building equity as a result. They come from all walks of life, from big cities and small communities. And their so you can even manage your franchise remotely when you’re on your own cruise. 90% of franchisees strongly agree that they enjoy being part of the Expedia CruiseShipCenters organization.* Customized consumer marketing and customer management, pioneering technology But there’s one thing they all share. and a massive database back-end getting CruiseDesk access for yourself It’s a strong passion for travel. oversees every aspect of Customer Relationship Management from sales and marketing to team management and the back office. Plus it’s entirely web-based reasons for starting a franchise range from seeking a change of career to wanting to earn income on their own terms and on a schedule they can dictate. and your entire team is reason enough to join our team. CRUISE Sales Recruitment Reporting Marketing Back Office CruiseDesk Coaching 8 ® Fra n ch ise O ppor tu nitie s DESK Our World Class technology, CruiseDesk, helps you manage all aspects of your business including Sales, Coaching, Marketing, Back Office, Reporting, Recruitment and more. We see it at every professional development and networking event we host for our Travel ranks #1 in the Most Satisfied Franchise Sectors.* Franchise Partners. These occasions might be a gathering of individual entrepreneurs, but the camaraderie is heartening and the desire for mutual success is inspired. The way they openly share best practices and celebrate the growth of our brand shows we really are Stronger.Together. From corporate headquarters through to each and every franchise, it truly is a partnership founded on a love of navigating spectacular vacation experiences. *Source: Franchise Business Review Fra n c h i s e O p p o r t un i t i e s 9 Chart Your Own Course Ready, Set, Sail. An Expedia® CruiseShipCenters® franchise can be all you Investing in Expedia® CruiseShipCenters® should be the best business decision you ever make. want it to be because it is entirely scalable. That’s why we take the steps necessary to ensure that awarding the franchise and entering that Build your own crew of navigators. Your steps to becoming an Expedia Franchise Partner. partnership together will be mutually rewarding. Our franchise discovery process has three phases. Our Vacation Consultants are independent contractors who are paid on commission. That means wages are not a fixed cost you need to worry about. EXPLORATION PHASE You’ll support many Vacation Consultants in the office as well as an unlimited You’ll begin by having a high level conversation with a Franchise number of Home-Based Consultants working remotely which cuts down on your Advisor to discuss your business expectations. You’ll then review overhead even further. So the growth potential of your franchise isn’t determined our virtual brochure and attend an introductory webinar to by square footage and overhead. It’s a business that grows with you. get a good overview of your franchisee opportunity. Our Vacation Consultants tend to be successful salespeople because they are EDUCATION PHASE selling something they love. We can help you attract more of those people and This is your chance to dig deeper into the prospect of franchise ownership. teach them to be even more effective. Our exclusive sales leadership programs will You will attend two webinar sessions that will showcase our systems train you to coach your sales team in the ways of the Navigators Approach – and support. You will be able to pose questions to our senior leadership a sales tool that has proven to attract, support and retain Customers for Life. team. If at this point you are serious about committing to a franchise, With the right sales team and the leadership training we’ll SCALABLE provide, the growth of your Expedia® CruiseShipCenters® franchise is entirely up to you. It all depends on how great your ambition is to earn income now and build wealth in the long term. you will then be asked to proceed with a qualification application. VALIDATION PHASE After reviewing our Franchise disclosure document, you will have Each franchise can support a vast number of independent Vacation Consultants a number of one-on-one phone calls with our President and other Franchise Partners. You’ll then be invited to the Expedia CruiseShipCenters corporate office in beautiful Vancouver, British Columbia to attend your Discovery Day. There you’ll meet members of the Senior Leadership Team and prepare to set sail on the business adventure of a lifetime. 10 Fra n ch ise O ppor tu nitie s Fra n c h i s e O p p o r t un i t i e s 11 After a 35-year career with Safeway, Brian was ready to retire but not ready to quit working. He’d taken 30 cruises in his lifetime and after attending a Discovery Day at the Expedia® CruiseShipCenters® head office, decided that a cruise franchise was the perfect way to turn his passion for travel into a second career as a business owner. Brian’s brother James joined the venture after he was offered an early retirement plan from Chevron. Brian and James combine their love for wine and love for travel by hosting unique culinary and wine cruises, appealing to customers in the Sonoma Valley, and beyond. Their sales have consistently increased since their opening as they continue to build wealth and equity in their business. Meet Some of Our Franchise Partners Franchise Owners: Brian Murphy & James Murphy Located: Petaluma, California Success Stories After a 30-year career in the newspaper industry, Chris decided it was time for a change. After seeing an Expedia® A pioneer of the Expedia CruiseShipCenters CruiseShipCenters® brand, Sean Flynn, started working at his father’s franchise ad on LinkedIn, Chris inquired about our retail Expedia CruiseShipCenters franchise in Montreal franchise opportunity, spent a few months gathering the facts, while he was a student in college in 1988. He and the rest was history. With a true passion for travel and a began with developing marketing plans but soon knack for adding creativity to the local execution of the Expedia took over all aspects of business management. CruiseShipCenters system, Chris opened his franchise next to the Trader Joe’s in In 1996, his younger sister Kelly joined the family business when she spearheaded the his neighborhood and was setting sales records in his first year of business. opening of the family’s 2nd franchise location Franchise Owner: Chris Meyer in Beaconsfield. Sean and Kelly have benefited Located: Laguna Hills, California from a balanced partnership and year after year, their sales have continued to grow. With the heart of the cruise industry located They are constantly seeking opportunities to in their back yard, Mary Beth and her husband expand their business with 4 locations already David couldn’t pass up the opportunity to own open and several more on the horizon. the first Expedia CruiseShipCenters franchise Franchise Owners: Sean & Kelly Flynn in the United States. After a successful career Located: Montreal, Quebec as a New York advertising executive, Mary Beth came out of retirement to put her leadership skills back to work in a new business. Now, the husband and wife team supports 110 home-based and retail-based Vacation Consultants from their franchise brick-and-mortar location in Weston, FL. Business is booming, and in 2012, they experienced a 30% growth in sales over the previous year. Franchise Owners: Mary Beth & David Casey Located: Fort Lauderdale, Florida 12 Fra n ch ise O ppor tu nitie s Fra n c h i s e O p p o r t un i t i e s 13 Q. How do I find the best location for my store? A. We work with a third-party real estate selection company to provide demographic research and identify shopping patterns to find the optimal location for your Expedia® CruiseShipCenters® store. Once you find it, they will guide you through the selection and lease negotiation process. Q. Why is it important for a travel agency to have a retail presence? A. A retail outlet is synonymous with credibility and provides many benefits that cannot be matched by home-based franchise models. With a retail store, you’ll create buzz and excitement with a physical presence that connects your brand to the travelers in your community. You’ll drive walk-in traffic and provide the most options for customers to book with you, whether they prefer to buy on your website, over the FAQ phone or in person. This “bricks and clicks” strategy is the foundation of our success. Frequently Asked Questions Your store will also serve as a central hub for consumer events and team activities. Providing a common gathering place for your sales team builds synergy among them and facilitates a fun, motivating work environment. Q. What is the typical start-up time frame to get started? A. We like to allow 3 to 5 months from the signing of the franchise agreement to the day Q. How will I benefit from the Expedia brand? your store opens. During this time, you’ll complete our training program, build out your A. As part of the Expedia® Inc. family of brands, Expedia CruiseShipCenters franchise store and begin to recruit your team of Vacation Consultants. Our start-up team and your locations can take advantage of a number of benefits including $50 billion Franchise Performance Coach will guide you through this process every step of the way. in buying power and the clout that comes with putting the most recognized brand in travel on your door. In addition, you’ll be able to earn commission Q. Why do consumers book with a travel agent? on a wide range of vacation products including hotels, tours, car rentals and A. Since travel is considered a highly prized purchase by most consumers – they want to packaged vacations, while still offering them to customers at Expedia prices. know they’re booking a trip that is right for them, at the best possible price. Q. What are the financial requirements? With so much information available A. We want to ensure our Franchise Partners are online, travelers want advice and financially qualified to fund their new business, expertise from someone they trust, complex vacations. According to Cruise Lines International Association net worth. We work with quality third party financial SIMPLE especially when it comes to booking therefore we require our candidates to have $250,000 BOOK ONLINE vendors who will help you find the financing option that’s research, approximately 85% of people will ultimately book with a travel agent when the cost and complexity of the vacation are deemed significant. COMPLICATED will do significant research online, but AGENT REQUIRED right for you. Our franchise is also registered through the Small Business Administration (SBA) which helps to expedite loan approval through many financial institutions. 85% of travelers will research online but will book with an agent when the cost & complexity are significant.* *Source: Cruise Lines International Association 14 Fra n ch ise O ppor tu nitie s Fra n c h i s e O p p o r t un i t i e s 15 Prime Territories are Available Across the United States South Carolina 1 Franchise Location 70% of Cruisers Sourced Puerto Rico Booming Industry Demand for cruise vacations is growing Powered by Expedia Global recognition backed by massive buying power Track Record of Success Continued sales growth for nearly 30 years Jeff Warkentin Franchise Sales Manager 1 (855) 978 3568 jeff@expediafranchise.com Daniel Meyer Franchise Sales Manager 1 (844) 320 6527 daniel@expediafranchise.com www.expediafranchise.com