Start-Up Costs and Fees |
||
| Staybridge Suites | Home2 Suites | |
| Investment | 15352595 - 22436565 | 9102300 - 17456500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3.50% | |
| Year Founded | 1998 | 2008 |
| Year Franchised | 1998 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Staybridge Suites | Home2 Suites | |
| Experience | ||
Financing Options |
||
| Staybridge Suites | Home2 Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Staybridge Suites | Home2 Suites | |
| Training | On-The-Job Training: 1 hour Classroom Training: Varies | |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates National Media SEO Website development Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 30 | |
Expansion Plans |
||
| Staybridge Suites | Home2 Suites | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Staybridge Suites | |
| Home2 Suites | |
| Franchise Fee | |
| Staybridge Suites | |
| Home2 Suites | |
| Royalty Fee | |
| Staybridge Suites | 5% |
| Home2 Suites | 5% |
| Advertising Fee | |
| Staybridge Suites | |
| Home2 Suites | 3.50% |
| Year Founded | |
| Staybridge Suites | 1998 |
| Home2 Suites | 2008 |
| Year Franchised | |
| Staybridge Suites | 1998 |
| Home2 Suites | 2009 |
| Term Of Agreement | |
| Staybridge Suites | |
| Home2 Suites | 22 years |
| Renewal Fee | |
| Staybridge Suites | |
| Home2 Suites | Same as initial fee |
Business Experience Requirements |
|
| Experience | |
| Staybridge Suites | |
| Home2 Suites | |
Financing Options |
|
| Franchise Fees | |
| Staybridge Suites | |
| Home2 Suites | |
| Start-up Costs | |
| Staybridge Suites | |
| Home2 Suites | |
| Equipment | |
| Staybridge Suites} | |
| Home2 Suites | |
| Inventory | |
| Staybridge Suites | |
| Home2 Suites | |
| Receivables | |
| Staybridge Suites | |
| Home2 Suites | |
| Payroll | |
| Staybridge Suites | |
| Home2 Suites | |
Training & Support |
|
| Training | |
| Staybridge Suites | |
| Home2 Suites | On-The-Job Training: 1 hour Classroom Training: Varies |
| Support | |
| Staybridge Suites | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Home2 Suites | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Staybridge Suites | Ad Templates National Media SEO Website development Loyalty program/app |
| Home2 Suites | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Staybridge Suites | |
| Home2 Suites | Number of Employees Required to Run: 30 |
Expansion Plans |
|
| US Expansion | |
| Staybridge Suites | |
| Home2 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 |
| Canada Expansion | |
| Staybridge Suites | |
| Home2 Suites | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Staybridge Suites | |
| Home2 Suites | Worldwide, |