Fairfield Inns vs Element Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Fairfield Inns Franchise
Element Hotels Franchise
Investment $8,491,200 - $22,730,300$10,972,610 - $30,445,500
Franchise Fee $50,000 - $60,000$60,000
Royalty Fee 5.5%5.5%
Advertising Fee --
Year Founded 19871997
Year Franchised 19872017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Fairfield Inns Franchise
Element Hotels Franchise
Experience --

Financing Options
 
Fairfield Inns Franchise
Element Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Fairfield Inns Franchise
Element Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Fairfield Inns Franchise
Element Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 Element Hotels

"Element

Inspired by Westin, Element® is transforming the extended stay segment with bright, modern design, eco-conscious practices and an innovative guest experience that resonates with today’s traveler. From spacious guest rooms featuring fully equipped kitchens to spa-inspired bathrooms, guests have space to live their lives.
Element is a smarter, better place to stay.