TownePlace Suites vs Boarders Inn and Suites by Cobblestone Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
TownePlace Suites Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
Investment $9,180,100 - $25,635,600$46,649 - $7,727,647
Franchise Fee $50,000 - $100,000$20,000
Royalty Fee -$2/room/day
Advertising Fee -.25/room/day
Year Founded 19972008
Year Franchised 19972012
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements
 
TownePlace Suites Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
Experience --

Financing Options
 
TownePlace Suites Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
TownePlace Suites Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
Training -

*5 days at corporate headquarters. *14 days at Hotel location *up to 14 days at each additional Hotel location
Support --
Marketing --
Operations -90% are owner/Operators. 10% are investors

Expansion Plans
 
TownePlace Suites Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About TownePlace Suites

TownePlace Suites: The Special Features of Our Extended Stay Hotels For your comfort Our extended stay hotel offers suites that are 25% larger than typical hotel rooms Luxury bedding - crisp linens, fluffier pillows, thicker mattresses Separate living and sleeping areas Three spacious floor plans: studio, 1- and 2-bedroom suites Electronic card-key locks Smoke detectors and sprinklers For your convenience Fully equipped kitchen including conventional full-size refrigerator/freezer, stovetop, oven, coffee maker, microwave, eating utensils, and dishwasher Adjoining studio suites available Suites designed for persons with disabilities available Sofa bed in some suites Separate telephone and data lines Iron and ironing board For your routines & relaxation Free high-speed Internet (in many hotels) Remote-controlled TV with premium channels, including HBO Exercise room & outdoor swimming pool

The total investment necessary to begin operation of a newly-constructed prototypical TownePlace Suites by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $9,180,100 to $19,898,300 for an 80 to 110-suite TownePlace Suites by Marriott hotel and from $13,127,900 to $25,635,600 for a 120 to 150-suite TownePlace Suites by Marriott hotel. This includes approximately $150,300 to $217,100 that must be paid to the franchisor or an affiliate.

About Boarders Inn and Suites by Cobblestone Hotels

By choosing Boarders Inn and Suites by Cobblestone Hotels you take control of your branding! Boarders Inn and Suites by Cobblestone Hotels offers a Membership Brand that you can be proud to be a part of. When you are a part of a the Membership Team you decide what happens to the brand. No Capital Crushing Franchise Mandates, Closter phobic Long Franchise Commitments, Extremely High Initial Payments, or Bottom-Dollar Busting Franchise Fee for each reservation that you work hard to bring in. Boarders Inn and Suites by Cobblestone offers all that other brands have to offer without all the headache. Brand Support along with Sales and Marketing Support are things that we pride ourselves in.