Hospitality vs Element Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Hospitality Franchise
Element Hotels Franchise
Investment $133,600 - $2,602,000$10,972,610 - $30,445,500
Franchise Fee $5,000 - $15,000$60,000
Royalty Fee $35/rm/night5.5%
Advertising Fee --
Year Founded 19711997
Year Franchised 19822017
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Hospitality Franchise
Element Hotels Franchise
Experience --

Financing Options
 
Hospitality Franchise
Element Hotels 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
Element Hotels 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)

-

Expansion Plans
 
Hospitality Franchise
Element Hotels Franchise
US Expansion YesYes
Canada Expansion Yes-
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 Element Hotels

"Element

Inspired by Westin, Element® is transforming the extended stay segment with bright, modern design, eco-conscious practices and an innovative guest experience that resonates with today’s traveler. From spacious guest rooms featuring fully equipped kitchens to spa-inspired bathrooms, guests have space to live their lives.
Element is a smarter, better place to stay.