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Updated RecentlySpringHill Suites vs Mainstay Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SpringHill Suites vs Mainstay Suites 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 | $290,825 - $13,479,816 |
| Franchise Fee | $60,000 - $100,000 | $30,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 2.5% |
| 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 Mainstay Suites
Strong brand for the strong midscale, extended-stay market.
MainStay Suites® is an all suites extended stay brand that
helps guests maintain their lifestyle during time away from home.
Designed with welcoming, residential style architecture, MainStay Suites
hotels feature multiple suite types, regional exterior options and the
amenities to help guests live like home.