Staybridge Suites vs Element Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Staybridge Suites Franchise
Element Hotels Franchise
Investment $15,352,595 - $22,436,565$10,972,610 - $30,445,500
Franchise Fee $55,000$60,000
Royalty Fee 5%5.5%
Advertising Fee --
Year Founded 19981997
Year Franchised 19982017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Staybridge Suites Franchise
Element Hotels Franchise
Experience --

Financing Options
 
Staybridge Suites Franchise
Element Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Staybridge Suites Franchise
Element Hotels Franchise
Training --
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates National Media SEO Website development Loyalty program/app -
Operations --

Expansion Plans
 
Staybridge Suites Franchise
Element Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Staybridge Suites

Staybridge Suites is an innovative all-suite hotel meeting the needs of extended-stay guests. Staybridge Suites offers its developers a flexible hotel building design with a mixture of suite options to suit your market, site identification, architectural planning assistance and power of InterContinental Hotels Group enterprise values. Make It Your Place(R).

About Element Hotels

"Element

Inspired by Westin, Element® is transforming the extended stay segment with bright, modern design, eco-conscious practices and an innovative guest experience that resonates with today’s traveler. From spacious guest rooms featuring fully equipped kitchens to spa-inspired bathrooms, guests have space to live their lives.
Element is a smarter, better place to stay.