Expedia Cruises logo

Expedia Cruises Franchise

Audited Financials
TravelEst. 2007Seattle, WA
www.expediacruises.com

Risk Score

Pending analysis

Investment Range

$149,500 - $258,745

Franchise Fee

$29,000

Total US Locations

96

Business Summary

Expedia Cruises offers franchises for operating a travel agency business from a retail storefront. This business provides reservation services for cruise ships, airlines, car rentals, hotels, and other related travel services and products. Franchisees use Expedia Cruises' proprietary 'System' and 'Marks' to deliver these services.

Corporate History

Expedia Cruises (legally CruiseShipCenters USA Inc.) was formed as a Nevada corporation on March 1, 2007, and began offering franchises in April 2008. Prior to 2020, the company operated under the brand name Expedia CruiseShipCenters. Expedia Group, Inc. is the sole owner and parent of Expedia Cruises. An affiliate, CruiseShipCenters International, Inc. (CII), has been franchising cruise-focused travel agencies since January 1988, and licenses certain marks and software (like CruiseDesk) to Expedia Cruises for its operations.

Financial Overview

Investment Range

$149,500 - $258,745

Franchise Fee (Low)

$29,000

Franchise Fee (High)

$49,000

Royalty %

9%

Marketing %

4%

Equipment Costs (Low)

$59,000

Equipment Costs (High)

$126,500

Working Capital

$47,600

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Expedia Cruises' financial health is supported by its parent company, Expedia Group, Inc., which unconditionally guarantees Expedia Cruises' obligations to franchisees. Expedia Group, Inc. is a publicly traded company with strong financial performance, reporting net income of $1,224 million in 2024, $688 million in 2023, and $343 million in 2022. Its financial statements are audited and received an unqualified opinion, indicating a financially sound entity standing behind Expedia Cruises.

Financing Details

Expedia Cruises does not offer direct or indirect financing for the initial investment or any capital expenditures. The franchisor also does not guarantee any franchisee notes, leases, or other obligations. However, Expedia Cruises franchisees may be eligible for Small Business Administration (SBA) loan guarantees through third-party lenders.

Performance Metrics

Total US Locations

96

Franchised Units

96

Corporate Units

0

Avg Square Footage

1,000

Franchising Since

2008

Agreement Terms

Initial Term

10 years

Renewal Term

5 years

Renewal Conditions

To renew their Expedia Cruises franchise, franchisees must be in good standing, sign new franchise documents (which might have different terms), execute general legal releases, complete any required training, bring their center up to current brand standards by a specific deadline, and pay an additional term franchise fee. Additionally, the franchisee's market area must be deemed sufficiently serviced; if not, Expedia Cruises may adjust the market area by reducing the number of targeted households before granting a renewal.

Training & Support Program

Franchisor Assistance

Expedia Cruises provides comprehensive assistance to its franchisees. Before opening, this includes advising on necessary licenses, designating a market area, assisting with site selection and lease negotiation, providing prototypical design plans and specifications for the center, supplying an initial kit of promotional materials, granting access to the CruiseDesk® system and other proprietary software, and furnishing initial training. After opening, Expedia Cruises offers ongoing guidance on system standards, CruiseDesk® usage, approved supplier lists, marketing programs, system improvements, and administrative, bookkeeping, and accounting procedures. This ongoing support is provided through the online Manual, bulletins, and telephone or field consultations.

Initial Training Hours

129

Training Location

Vancouver, BC, Canada

Ongoing Support

After opening, Expedia Cruises franchisees receive ongoing support through various channels. This includes continuous guidance on system standards, assistance with the CruiseDesk® system, updated lists of approved travel suppliers, participation in marketing programs, information on system improvements, and support with administrative and accounting procedures. This help is provided through the online Manual, bulletins, and phone or field consultations. Additionally, Expedia Cruises may offer optional periodic and refresher training courses, some internet-based at no extra cost, others with associated fees. Franchisees are also required to attend annual National Conferences and Regional Franchisee meetings, for which they cover travel, lodging, and other expenses.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

Hands-On

Territory Type

Protected

Territory Size Requirements

Expedia Cruises defines its market areas based on 'Targeted Households,' which are households with an annual income greater than approximately $125,000. A typical market area is estimated to contain between 15,000 and 35,000 such households. These household income thresholds may be adjusted by Expedia Cruises to account for regional Consumer Price Index differences or other factors.