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Updated RecentlyLa Quinta vs Aloft hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of La Quinta vs Aloft hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $3,822,657 - $12,901,630 | $10,358,360 - $26,620,860 |
| Franchise Fee | $55,000 | $185,050 - $258,650 |
| Royalty Fee | 4-4.5% | 5.5% |
| Advertising Fee | 4.5% | - |
| Year Founded | 1968 | - |
| Year Franchised | 2001 | - |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
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.
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#193 in Franchise 500 for 2020.
#217 in Franchise 500 for 2021.
About Aloft hotels
Aloft Hotels caters to today’s modern traveler who craves jet-setting
style and a vibrant social scene at an affordable price. Urban-inspired
design, accessible technology and innovative programing centering on
music and F&B make Aloft unique to the traditional hotel landscape.
The total investment necessary to begin operation of a newly-constructed
prototypical Aloft Hotel, excluding the cost of real estate and related
costs (building permit, tap, and impact fees), ranges from $10,358,360
to $21,797,660 for an 80 to 110-guestroom Aloft Hotel to $13,906,160 to
$26,620,860 for a 120 to 150-guestroom Aloft Hotel. This includes
approximately $185,050 to $258,650 that must be paid to the franchisor
or an affiliate.