Value Place vs Fairfield Inns Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Value Place vs Fairfield Inns including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$5,035,000 - $7,031,000 | $8,491,200 - $22,730,300 |
Franchise Fee |
$5,000 | $50,000 - $60,000 |
Royalty Fee |
5% | 5.5% |
Advertising Fee |
- | - |
Year Founded |
2003 | 1987 |
Year Franchised |
2004 | 1987 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
50% of current fran. fee | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-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 |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Value Place
Convenient Options for Temporary Housing
Enjoy the convenience of fully furnished suites and amenities that help you
feel at home. Whether you’re traveling for work, moving to a new city,
visiting family, remodeling you home, or you just need a place to stay
for a while, we’re here for you. With nearly 300 locations across the country - and new hotels opening this year - it’s easy to find the WoodSpring Suites hotel that meets your needs.
How to Save Even More With Our Monthly Pre-Paid Rates
- Search for your destination on WoodSpring.com with a date range of 28+ nights.
- Look for our exclusive "Stay Longer and Save” rates.
- Pre-pay for the first 28 nights of your stay when you check in, then pay every 28-nights for the rest of your stay.
- The price you see, plus taxes and fees, is the price you’ll pay.
The rate you see is the discounted rate for your 28+ night stay.
Planning a shorter visit? Check out our affordable weekly rates.
About Fairfield Inns
Consistent, quality lodging at an affordable price.
Features include:
- Spacious guest rooms
- Daily complimentary continental breakfast
- Swimming pool
- Future plans include a selection of Fairfield Inn & Suites properties offering exercise rooms and enhanced amenities.
The total investment necessary to begin operation of a newly-constructed
prototypical Fairfield by Marriott hotel, excluding the cost of real
estate and related costs (building permit, tap, and impact fees), ranges
from $8,491,200 to $17,927,000 for an 80 to 110-room Fairfield by
Marriott hotel and from $11,717,000 to $22,730,300 for a 120 to 150-room
Fairfield by Marriott hotel. This includes approximately $130,800 to
$205,300 that must be paid to the franchisor or an affiliate.