Start-Up Costs and Fees |
||
| stayAPT Suites | Park Plaza Hotels and Resorts | |
| Investment | 4148500 - 7616000 | 187500 - 1200000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 2018 | 1986 |
| Year Franchised | 2018 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| stayAPT Suites | Park Plaza Hotels and Resorts | |
| Experience | ||
Financing Options |
||
| stayAPT Suites | Park Plaza Hotels and Resorts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| stayAPT Suites | Park Plaza Hotels and Resorts | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| stayAPT Suites | Park Plaza Hotels and Resorts | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
| Franchise Fee | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
| Royalty Fee | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | 5% |
| Advertising Fee | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
| Year Founded | |
| stayAPT Suites | 2018 |
| Park Plaza Hotels and Resorts | 1986 |
| Year Franchised | |
| stayAPT Suites | 2018 |
| Park Plaza Hotels and Resorts | 1993 |
| Term Of Agreement | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | 15 years |
| Renewal Fee | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
Business Experience Requirements |
|
| Experience | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
Financing Options |
|
| Franchise Fees | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
| Start-up Costs | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
| Equipment | |
| stayAPT Suites} | |
| Park Plaza Hotels and Resorts | |
| Inventory | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
| Receivables | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
| Payroll | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
Training & Support |
|
| Training | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |
| Support | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| stayAPT Suites | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Park Plaza Hotels and Resorts | |
| Canada Expansion | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | 0 |
| International Expansion | |
| stayAPT Suites | |
| Park Plaza Hotels and Resorts | |