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Updated RecentlySpringHill Suites vs Sleep Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SpringHill Suites vs Sleep Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,403,000 - $26,051,800 | N/A |
| Franchise Fee | $60,000 - $100,000 | $40,000 |
| Royalty Fee | - | 4.65% |
| Advertising Fee | - | 3.85% |
| Year Founded | 1998 | - |
| Year Franchised | 1998 | - |
| Term Of Agreement | - | 20 years |
| Term Of Agreement | - | 20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
About Sleep Inn
Choice's expanding midscale limited-service brand.