TownePlace Suites vs MHO Hotel Franchise Comparison

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

Start-Up Costs and Fees

 
TownePlace Suites Franchise
MHO Hotel Franchise
Investment $9,180,100 - $25,635,600$59,400 - $1,238,000
Franchise Fee $50,000 - $100,000N/A
Royalty Fee --
Advertising Fee --
Year Founded 19972020
Year Franchised 19972020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
TownePlace Suites Franchise
MHO Hotel Franchise
Experience --

Financing Options

 
TownePlace Suites Franchise
MHO Hotel Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
TownePlace Suites Franchise
MHO Hotel Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
TownePlace Suites Franchise
MHO Hotel Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

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 MHO Hotel

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Trust MHO Hotels for brands and services that stand above others and resonate positively in consumers’ minds. Led by a team of experienced hotel owners and property developers who understand the hospitality business and have deep and wide connections within the industry to benefit their partners, clients and franchisees, MHO Hotels provides an excellent array of services to hotel owners. Independent-minded hotel owners who want to run their properties their way as well as developers who need a plan for excellence in the hospitality industry can rely on MHO Hotels. Today, this rapidly growing and evolving company is changing the face of the hotel/motel landscape with properties that bear the MHO Hotels, MHO Suites, MHO Inn & Suites and MHO Inn names. Property owners that want to maintain their distinctive identities can also benefit from being part of the Powered by MHO Hotels family without giving up a thing. If it’s time to increase occupancy and revenue as well as your average daily rate, it’s time to move forward with MHO Hotels. Partnering with our team is an excellent decision that will serve your interests well as you navigate the uncertain and ever-evolving world of hospitality.