Microtel Inns & Suites vs stayAPT Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Microtel Inns & Suites vs stayAPT Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$5,709,119 - $6,799,356 | $4,148,500 - $7,616,000 |
Franchise Fee |
$43,000 | N/A |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
1987 | 2018 |
Year Franchised |
1988 | 2018 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
50% of current franchise fee | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
- | - |
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, Regional advertising | - |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12
- 20
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Microtel Inns & Suites
BRILLIANTLY SIMPLE
Microtel by Wyndham® is a fast-growing, all-new construction hotel franchise brand in the Philippines and the U.S.
Microtel by Wyndham’s proven track record of successful development, strong operating performance, and sustainable growth in the limited-service segment are what set it apart from the competition. With 300+ properties open and under construction worldwide,
Microtel by Wyndham® is well positioned for continued growth.
At Microtel Inn and Suites by Wyndham, we are really dedicated as per the general inclination of our visitors and ensuring you have the most ideal experience. That is the reason we are pleased to be perceived as an industry pioneer in visitor fulfillment, positioning "Most elevated in Guest Satisfaction Among Economy/Budget Hotel Chains, 14 out of 15 Years" by the J.D. Control 2016 Hotel Guest Satisfaction Study.
Years of hotel management experience and innovative planning went into the development of the
Microtel concept. Simply put, it involves offering the traveling public high quality product and service at value rates while keeping operating and development costs to a minimum. All
Microtels are 100% new construction, thus assuring consistent expectation and experience.
Microtel® by Wyndham is an award-winning chain of more than 340 economy hotels located throughout North America, Mexico and the Philippines. Offering free cable TV and mattresses approved by
the American Chiropractic Association,
Microtel's MicroSaver rooms start
as low as $35 per night and have queen size beds and built-in
furniture.
#302 in Franchise 500 for 2020.
About stayAPT Suites
A stayAPT Suites™ hotel is an extended- stay hotel offering temporary
housing on a weekly or monthly rental basis. stayAPT offers franchisees
both the right to develop multiple Hotels under an Area Development
Agreement (each Hotel requiring a separate Franchise Agreement) and
individual Hotels under a Franchise Agreement.
The total investment necessary to begin operation of a stayAPT Suites™
Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is
$6,052,500 to $7,616,000, excluding real estate costs. This includes
$51,000 that must be paid to the franchisor or an affiliate. If you sign
an Area Development Agreement, you must pay $30,000 for each Hotel you
plan to develop, all of which is due at signing. The initial fee paid
under the Area Development Agreement is in lieu of the initial franchise
fee normally due for a Hotel when the Franchise Agreement for that
Hotel is executed.