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Below is an in-depth analysis and side-by-side comparison of Settle Inn vs Staybridge Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $2,763,290 - $3,687,220 | $15,352,595 - $22,436,565 |
| Franchise Fee | $25,000 | $55,000 |
| Royalty Fee | 3%year 1, 3.5%thereafter | 5% |
| Advertising Fee | 2.25% | - |
| Year Founded | 1992 | 1998 |
| Year Franchised | 1992 | 1998 |
| Term Of Agreement | 10 years, 5 years thereafter | - |
| Term Of Agreement | 10 years, 5 years thereafter | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media SEO Website development Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Staybridge Suites is an innovative all-suite hotel meeting the needs of extended-stay guests. Staybridge Suites offers its developers a flexible hotel building design with a mixture of suite options to suit your market, site identification, architectural planning assistance and power of InterContinental Hotels Group enterprise values. Make It Your Place(R).