Candlewood Suites vs Element Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Candlewood Suites Franchise
Element Hotels Franchise
Investment $7,807,040 - $10,716,900$10,972,610 - $30,445,500
Franchise Fee $50,000$60,000
Royalty Fee 5%5.5%
Advertising Fee --
Year Founded 19951997
Year Franchised 19962017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


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

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

Training & Support
 
Candlewood Suites Franchise
Element Hotels Franchise
Training On-The-Job Training: Varies Classroom Training: Varies -
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 Loyalty program/app-
Operations --

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

Company Overviews

About Candlewood Suites

At Candlewood Suites® hotels we offer a more casual kind of longer stay, where you’ll always feel at home, at your best and really productive while on the road. All of our locations throughout the Americas are easily accessible and we’re always opening new hotels, so guests can book a spacious suite whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home. Fully-equipped suites, room to spread out, space to work and space to relax.

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.