Start-Up Costs and Fees |
||
| WoodSpring Suites | WaterWalk Hotels and Apartments | |
| Investment | 5035000 - 7031000 | 19960000 - 25430000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 2.50% | |
| Year Founded | 2003 | 2014 |
| Year Franchised | 2004 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WoodSpring Suites | WaterWalk Hotels and Apartments | |
| Experience | ||
Financing Options |
||
| WoodSpring Suites | WaterWalk Hotels and Apartments | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| WoodSpring Suites | WaterWalk Hotels and Apartments | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| WoodSpring Suites | WaterWalk Hotels and Apartments | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| Franchise Fee | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| Royalty Fee | |
| WoodSpring Suites | 5% |
| WaterWalk Hotels and Apartments | |
| Advertising Fee | |
| WoodSpring Suites | 2.50% |
| WaterWalk Hotels and Apartments | |
| Year Founded | |
| WoodSpring Suites | 2003 |
| WaterWalk Hotels and Apartments | 2014 |
| Year Franchised | |
| WoodSpring Suites | 2004 |
| WaterWalk Hotels and Apartments | 2014 |
| Term Of Agreement | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| Renewal Fee | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
Business Experience Requirements |
|
| Experience | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
Financing Options |
|
| Franchise Fees | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| Start-up Costs | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| Equipment | |
| WoodSpring Suites} | |
| WaterWalk Hotels and Apartments | |
| Inventory | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| Receivables | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| Payroll | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
Training & Support |
|
| Training | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| WaterWalk Hotels and Apartments | |
| Support | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| WaterWalk Hotels and Apartments | |
| Marketing | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| Operations | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
Expansion Plans |
|
| US Expansion | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | 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 | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |
| International Expansion | |
| WoodSpring Suites | |
| WaterWalk Hotels and Apartments | |