Hospitality vs Courtyard By Marriott Franchise Comparison

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

Start-Up Costs and Fees

 
Hospitality Franchise
Courtyard By Marriott Franchise
Investment $133,600 - $2,602,000$11,131,210 - $28,763,410
Franchise Fee $5,000 - $15,000$50,000 - $90,000
Royalty Fee $35/rm/night-
Advertising Fee --
Year Founded 1971-
Year Franchised 1982-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Hospitality Franchise
Courtyard By Marriott Franchise
Experience --

Financing Options

 
Hospitality Franchise
Courtyard By Marriott Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Hospitality Franchise
Courtyard By Marriott 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 -
Marketing Ad Templates Regional Advertising Social media Website development Email marketing -
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)

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Expansion Plans

 
Hospitality Franchise
Courtyard By Marriott Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion Yes-

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 Courtyard By Marriott

Moderately priced lodging brand "Designed by business travelers for business travelers."This lodging brand has recently increased its number of downtown locations, often through conversions of historical buildings *Features include: - 80 to 150 guest rooms - High-speed Internet access - Restaurant, lounge - Meeting space - Central courtyard - Exercise room - Swimming pool - 24-hour access to food

The total investment necessary to begin operation of a newly-constructed prototypical Courtyard by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $11,131,210 to $23,540,410 for an 80 to 110-room Courtyard by Marriott hotel to $14,956,610 to $28,763,410 for a 120 to 150-room Courtyard by Marriott hotel. This includes approximately $179,300 to $229,300 that must be paid to the franchisor or an affiliate.