The home-based travel agency is #1 in the travel franchise category for second consecutive year
Fort Lauderdale, Fla. (January 10, 2023) – Dream Vacations was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. The 44th annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2023 Franchise 500® ranks Dream Vacations as number one in the travel category and 67 across all industries for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluations including:
- Costs and fees
- Size and growth
- Brand strength
- 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.
“Our inclusion on the Franchise 500® list is always an honor, but this year’s ranking is especially fulfilling since we were ranked first in our category for the second year in a row,” said Drew Daly, senior vice president and general manager of Dream Vacations. “These metrics highlight the success of Dream Vacations franchise owners and the financial stability of our parent company, World Travel Holdings. We continue to expand our team as the network continues to grow year after year. We had a great year in recruitment in 2022, demonstrating that people are hungry to join the fun travel industry and want to be associated with a brand that offers a variety of vacation experiences. In addition, there is an incredible pent-up demand for travel, and consumers understand the value of travel advisors, making it the perfect time to affiliate with a trusted agency franchise that can help grow your business.”
Dream Vacations has always prided itself on the support it provides to its travel agency franchise owners, and during the last few years the franchisor has doubled down on its efforts. From investing millions in funding commercial loans and hosting industry-wide training events to creating new technology tools and marketing assets, Dream Vacations is committed to the success of its network and has proven to be a business opportunity that can withstand the test of time.
Over its 44 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.
To view Dream Vacations in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February issue of Entrepreneur, available on newsstands January 17th. To learn more about joining the travel agency franchise that cares more about its franchise owners, please visit www.DreamVacationsFranchise.com or call 888-249-8235.
About Dream Vacations
Travel agents with the top-ranked home-based travel agency franchise Dream Vacations have the resources to plan and create seamless vacation experiences for their customers while offering the best value. A member of the International Franchise Association, Dream Vacations is part of World Travel Holdings and has received franchise partner of the year, a top-ranking status, by all the major cruise lines as well as national recognition for its support of military veterans. For more information about Dream Vacations, visit www.DreamVacationsFranchise.com. Like Dream Vacations on Facebook at www.facebook.com/DreamVacationsFranchise, follow on Twitter at @Dream_Franchise and watch its videos at http://www.youtube.com/DreamVacationsBusiness.