Knights Franchise Systems is a budget lodging chain for more than 230 franchised properties in the United States and Canada. Its properties are located just off major U.S. and Canadian highways. Knights is a subsidiary of Wyndham Worldwide Corporation, one of the world's largest lodging franchisors with approximately 6,500 hotels representing nearly 515,000 rooms on five continents. It offers start-to-finish property opening assistance, including punch lists, purchasing, signage, insurance, property management systems and brand standards. Knights Franchise Systems is headquartered in Parsippany, N.J.