ABOUT QUEST AND APARTMENT HOTELS
Quest was born from humble beginnings in 1988, with one property in Fitzroy, on the fringe of Melbourne’s central business district. Since then, Quest has emerged to become the largest and most successful apartment hotels brand in Australasia.
Quest Apartment Hotels today has over 150 properties in Australia, New Zealand and Fiji. They are located in central business districts, suburban and regional areas with close proximity to head offices, business centres and key tourist destinations.
No matter where you do business or choose to holiday, from central business districts to regional areas, Quest is there for you.
EVERYONE'S A WINNER
The key to Quest’s success lies in a business model, which ensures the extended stay corporate traveller is at the centre of everything we do.
However, for this to succeed, Quest Franchisees must consider two significant stakeholders; the franchisor and our landlords. Both are crucial in ensuring business success.
The franchisee/franchisor partnership ensures all franchisees are supported by the Quest business in all business functions including sales, operations and business planning.
However, Quest Franchisees are also buying into a leasehold business – which comprises one of the critical relationships within the Quest business model.
This means franchisees are investing in much more than the right to display the Quest logo on the door of their business. It means acquiring an asset which provides the right to generate income from the property secured through long-term tenure with the landlord.
THE STRENGTH OF OUR SIZE
As Australasia’s largest network of serviced apartment businesses, Quest is considered a reliable choice for corporate Australia in meeting their accommodation needs nationally.
Currently, Quest is used by 80% of Australia’s Top 500 companies and has a CBD, suburban and regional presence across every state and territory in Australia.
Commitment and Rewards
To become a Quest Franchisee you must be prepared to make a significant investment and commitment to the business, both personally and financially.
And whilst a typical Quest Franchisee achieves an operating return of between 10% - 20%** per cent of turnover, the rewards in terms of professional satisfaction and lifestyle are also significant.
However, overall success depends on many factors, including your ability and commitment to the business.
** For the year ended June 30, 2014, based on returns provided by 70% of mature businesses. This is an illustrative figure and not a prediction of future performance of any franchisee’s particular business.