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Below is an in-depth analysis and side-by-side comparison of Aston Hotels and Resorts vs WoodSpring 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 | $250,000 - $500,000 | $5,035,000 - $7,031,000 |
Franchise Fee | N/A | $50,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2.5% |
Year Founded | - | 2003 |
Year Franchised | - | 2004 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: Upon request Classroom Training: Varies |
Support | - | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Aston is a full-service, deluxe conference and resort hotel which focuses on
the leisure and business traveler. Being well established in
Hawaii and Asia Pacific, we are now quickly increasing our presence
across Canada.
WoodSpring® is the fastest growing brand in the economy extended stay segment.