Vagabond Inns vs Le Meridien Franchise Comparison

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

Start-Up Costs and Fees
 
Vagabond Inns Franchise
Le Meridien Franchise
Investment $2,800,000 - $5,800,000$61,886,490 - $96,761,490
Franchise Fee $20,000N/A
Royalty Fee 2.5%-
Advertising Fee --
Year Founded 19581997
Year Franchised 20002005
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Vagabond Inns Franchise
Le Meridien Franchise
Experience --

Financing Options
 
Vagabond Inns Franchise
Le Meridien 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
 
Vagabond Inns Franchise
Le Meridien Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Vagabond Inns Franchise
Le Meridien Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Vagabond Inns

Golden Opportunity in the Golden State

We welcome the opportunity to discuss with you the advantages of becoming part of Vagabond Inn.
Vagabond Inn offers 50 years of brand identity as well as industry leading technology that allows you to maximize your revenue.
Based in Los Angeles, California, Vagabond Inn Corporation operates and provides franchise services to more than 40 hotels throughout the U.S. West Coast.
Vagabond Inn is also an approved member of the Franchise Registry which provides improved financing for future and existing Vagabond Inn franchises.

About Le Meridien

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Le Méridien, the Paris-born hotel brand currently represented by nearly 100 properties in more than 40 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With more than 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provided a strong international complement to Starwood’s then primarily North American holdings at the time of purchase. Since then, Le Méridien has gone through a brand re-launch, which included a large scale hotels product consolidation as well as redefining its brand strategy. Through creation of the LM100 artist community, Le Méridien has transformed numerous guest touch points, thus bringing unique, interactive and curated experiences to its guests. Plans call for dynamic expansion of Le Méridien Hotels and Resorts , concentrating on markets in Asia-Pacific and the Americas.

The total investment necessary to begin operation of a newly-constructed Le Méridien hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $61,886,490 to $96,761,490 for a 250-guestroom hotel. This includes approximately $317,000 to
$399,000 that must be paid to the franchisor or an affiliate.