Hawthorn Suites vs Residence Inn Franchise Comparison

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

Start-Up Costs and Fees
 
Hawthorn Suites Franchise
Residence Inn Franchise
Investment $225,693 - $12,785,326N/A
Franchise Fee $40,000 - $44,500N/A
Royalty Fee 5.5%-
Advertising Fee 2.5%-
Year Founded 1986-
Year Franchised 1986-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Hawthorn Suites Franchise
Residence Inn Franchise
Experience --

Financing Options
 
Hawthorn Suites Franchise
Residence Inn 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
 
Hawthorn Suites Franchise
Residence Inn Franchise
Training Available at headquarters, Available at franchisee's location, At regional location-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media-
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 20 - 30

Absentee ownership of franchise is allowed.

-

Expansion Plans
 
Hawthorn Suites Franchise
Residence Inn Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Hawthorn Suites

Hawthorn Suites was established by Hyatt Hotels in 1986. Since 1998, the establishment has been possessed by Wyndham Hotel Group. At each Hawthorn Suites, visitor administrations incorporate a complimentary smorgasbord breakfast and night social hour, practice offices, videocassette players, and on location clothing and valet benefit. Business administrations incorporate a larger than average work zone with two telephone lines and an information port, individual phone message and a complimentary day by day paper.

"Entrepreneur
#365 in Franchise 500 for 2020.






About Residence Inn

Designed as "home away from home" for travelers staying 5 or more nights - Residential atmosphere with spacious accommodations Features include: - Complimentary hot breakfast - Evening hospitality hour - Swimming pool - Sport Court - Personalized grocery shopping - Daily housekeeping - Guest suites with separate living and sleeping areas - Fully equipped kitchen - Work space with data ports and voicemail