Residence Inn vs SpringHill Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Residence Inn vs SpringHill Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Residence Inn Franchise
SpringHill Suites Franchise
Investment N/A$9,403,000 - $26,051,800
Franchise Fee N/A$60,000 - $100,000
Royalty Fee --
Advertising Fee --
Year Founded -1998
Year Franchised -1998
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Residence Inn Franchise
SpringHill Suites Franchise
Experience --

Financing Options
 
Residence Inn Franchise
SpringHill Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Residence Inn Franchise
SpringHill Suites Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Residence Inn Franchise
SpringHill Suites Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Residence Inn

Designed as "home away from home" for travelers staying 5 or more nights - Residential atmosphere with spacious accommodations Features include: - Complimentary hot breakfast - Evening hospitality hour - Swimming pool - Sport Court - Personalized grocery shopping - Daily housekeeping - Guest suites with separate living and sleeping areas - Fully equipped kitchen - Work space with data ports and voicemail

About SpringHill Suites

Moderately priced, all-suite lodging brand Guest suites that are up to 25% larger than standard hotel rooms Features include: - Complimentary continental breakfast - Self-serve business center - Indoor pool - Whirlpool/spa (most locations) - High-speed internet access - Exercise room.

The total investment necessary to begin operation of a newly-constructed prototypical SpringHill Suites by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $9,403,000 to $20,678,400 for an 80 to 110-suite SpringHill Suites by Marriott hotel and from $13,266,100 to $26,051,800 for a 120 to 150-suite SpringHill Suites by Marriott hotel. This includes approximately $150,300 to $207,100 that must be paid to the franchisor or an affiliate.