Hospitality vs La Quinta Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hospitality vs La Quinta including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hospitality Franchise
La Quinta Franchise
Investment $133,600 - $2,602,000$3,822,657 - $12,901,630
Franchise Fee $5,000 - $15,000$55,000
Royalty Fee $35/rm/night4-4.5%
Advertising Fee -4.5%
Year Founded 19711968
Year Franchised 19822001
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee --


Business Experience Requirements

 
Hospitality Franchise
La Quinta Franchise
Experience -
  • General business experience

  • Financing Options

     
    Hospitality Franchise
    La Quinta Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Hospitality Franchise
    La Quinta Franchise
    Training Classroom Training: 10.5 hours Additional Training: At regional training seminars -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing Ad Templates Regional Advertising Social media Website development Email marketing Co-op advertising, Ad slicks, National media, Regional advertising
    Operations 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20 - 25

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)


    Expansion Plans

     
    Hospitality Franchise
    La Quinta Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesYes

    Company Overviews

    About Hospitality

    Southern Scottish Inns Inc. and Red Carpet Inns Int'l. Inc. founded Hospitality Int'l. Inc. in 1982.

    "Entrepreneur
    #446 in Franchise 500 for 2020.

    About La Quinta

    La Quinta is one of the fastest growing mid-scale hotels with properties across the US, Canada and Mexico. Our purpose is to provide a refreshing and engaging environment that builds long-lasting, valuable relationships with employees, guests, owners and partners. La Quinta is a proud participant in VetFran, and is honored to offer veterans of our armed forces great incentives and enhanced resources for becoming a part of the La Quinta family.
    Veteran Incentives: 50% off application/franchise fees; development incentive of up to $4,000/room

    The total investment necessary to begin operation of a La Quinta Inn & Suites franchise for a 109-room new construction facility ranges from $10,348,042 to $12,901,630, including $71,050 to $91,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operation of a La Quinta Inn & Suites franchise for a 100-room conversion facility ranges from $3,822,657 to $6,101,522 including $66,100 to $86,550 that must be paid to the franchisor or an affiliate. Land acquisition and site preparation costs are not included in these ranges.

    "Entrepreneur

    #193 in Franchise 500 for 2020.
    #217 in Franchise 500 for 2021.