Fairfield Inns vs Knights Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fairfield Inns vs Knights Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$8,491,200 - $22,730,300 | $93,000 - $6,277,500 |
Franchise Fee |
$50,000 - $60,000 | $7,000 |
Royalty Fee |
5.5% | $21/rm./mo. |
Advertising Fee |
- | - |
Year Founded |
1987 | 1972 |
Year Franchised |
1987 | 1991 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | Yes |
International Expansion |
- | - |
Company Overviews
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.
About Knights Inn
Knight's Inns, an illustrious place to remain. An illustrious place to claim.
With about 200 properties - most ideal off major U.S. what's more, Canadian
interstates -
Knights Inn is an inn network on a mission: to be the
favored economy/spending brand for voyagers searching for clean rooms,
well disposed administration, and incredible esteem.
A
s a Knights Inn franchisee, you'll appreciate two upper hands: a very
perceived roadside name and steadfast clients. The economy/spending
fragment is an extending market, especially on the recreation side,
making
Knights Inn lodgings consummately situated to serve esteem
cognizant clients: families, seniors and mid-level business voyagers.
This inn network has been around quite a while and individuals know the name by heart. Strong organization.