Key West Inns vs TownePlace Suites Franchise Comparison

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

Start-Up Costs and Fees

 
Key West Inns Franchise
TownePlace Suites Franchise
Investment $32,149 - $8,713,147$9,180,100 - $25,635,600
Franchise Fee $14,000$50,000 - $100,000
Royalty Fee 2%-
Advertising Fee 2%-
Year Founded 19891997
Year Franchised 19891997
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Key West Inns Franchise
TownePlace Suites Franchise
Experience --

Financing Options

 
Key West Inns Franchise
TownePlace Suites 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

 
Key West Inns Franchise
TownePlace Suites Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Key West Inns Franchise
TownePlace Suites Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Key West Inns

Key West Inns, Inc. is a hotel franchising company that borrows the looks and feel of South Florida in architectural style and appearance. All hotels feature the amenities that corporate travelers need while offering a relaxing atmosphere that will please families and senior travelers.

The total investment necessary to begin operation of a Key West Lodging Facility franchised business is between $3,4667,149 and $8,713,147 for a newly constructed hotel. This includes between $27,999 and $52,497 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of a Key West Lodging Facility franchised business is between $32,149 and $1,633,147 for the conversion of an existing hotel. This includes between $20,999 and $52,497 that must be paid to the franchisor or its affiliate(s).

About TownePlace Suites

TownePlace Suites: The Special Features of Our Extended Stay Hotels For your comfort Our extended stay hotel offers suites that are 25% larger than typical hotel rooms Luxury bedding - crisp linens, fluffier pillows, thicker mattresses Separate living and sleeping areas Three spacious floor plans: studio, 1- and 2-bedroom suites Electronic card-key locks Smoke detectors and sprinklers For your convenience Fully equipped kitchen including conventional full-size refrigerator/freezer, stovetop, oven, coffee maker, microwave, eating utensils, and dishwasher Adjoining studio suites available Suites designed for persons with disabilities available Sofa bed in some suites Separate telephone and data lines Iron and ironing board For your routines & relaxation Free high-speed Internet (in many hotels) Remote-controlled TV with premium channels, including HBO Exercise room & outdoor swimming pool

The total investment necessary to begin operation of a newly-constructed prototypical TownePlace Suites by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $9,180,100 to $19,898,300 for an 80 to 110-suite TownePlace Suites by Marriott hotel and from $13,127,900 to $25,635,600 for a 120 to 150-suite TownePlace Suites by Marriott hotel. This includes approximately $150,300 to $217,100 that must be paid to the franchisor or an affiliate.