Updated RecentlyEnjoy 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.
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Value Place vs Signature Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Value Place vs Signature Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $5,035,000 - $7,031,000 | $3,216,500 - $6,275,000 |
| Franchise Fee | $5,000 | $7,500 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | 1986 |
| Year Franchised | 2004 | 1986 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | 50% of current fran. 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 | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Value Place
Convenient Options for Temporary Housing
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 Signature Inn
!["Signature]("https://fddexchange.com/wp-content/uploads/2019/02/Signature.png")
Signature Inn invites guests to stay Outside Ordinary. With a cheap-chic design
and eye-catching branding, Signature Inn brings to life the golden age
of travel and gives it a retro-modern twist for an experience that is
just as unique as it is comfortable.Join
the Red Lion Hotel Corporation family and enjoy incredible benefits, including
affordable flat fees, reasonable agreements, flexible services and
amenities and strong revenue contribution.
The total investment necessary to convert an existing hotel into a 40-room Signature Inn Hotel is $153,000 to $932,500. This estimate includes $21,000 to $22,000 that must be paid to the franchisor.
The
total investment necessary for a newly-constructed 40-room Signature Inn
Hotel is $3,216,500 to $6,275,000, excluding the cost of purchasing or leasing
land or any real estate taxes. This estimate includes $21,000 that must
be paid to the franchisor.