WINDERMERE, FL—Vimana Franchise Systems will soon launch its first preferred vendor network as a resource to its growing chain of Centerstone Inns, Hotels & Plaza Hotels and Key West Inns, Hotels & Resorts.
Amanda Belmonte, VP of franchise services, commented, “This is unlike the preferred vendor programs at some of the other franchise companies which use it as a profit center by accepting rebates from the vendors or mandating the vendor use to their franchisees. We, on the other hand, are engaging with only the best vendors that have the best reputation and pricing standpoint. Additionally, we do not mandate that our franchisees purchase from these vendors, although they most likely will because of the price advantage in lieu of the fact that the vendors do not have to pay a rebate back to the franchise company. That savings is passed onto the owner.”