Courtyard By Marriott vs Econo Lodge Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Courtyard By Marriott vs Econo Lodge including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Courtyard By Marriott Franchise
Econo Lodge Franchise
Investment $11,131,210 - $28,763,410$208,275 - $938,645
Franchise Fee $50,000 - $90,000$25,000
Royalty Fee -4.5%
Advertising Fee -3.5%
Year Founded --
Year Franchised --
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee --


Business Experience Requirements

 
Courtyard By Marriott Franchise
Econo Lodge Franchise
Experience --

Financing Options

 
Courtyard By Marriott Franchise
Econo Lodge Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Courtyard By Marriott Franchise
Econo Lodge Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Courtyard By Marriott Franchise
Econo Lodge Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Courtyard By Marriott

Moderately priced lodging brand "Designed by business travelers for business travelers."This lodging brand has recently increased its number of downtown locations, often through conversions of historical buildings *Features include: - 80 to 150 guest rooms - High-speed Internet access - Restaurant, lounge - Meeting space - Central courtyard - Exercise room - Swimming pool - 24-hour access to food

The total investment necessary to begin operation of a newly-constructed prototypical Courtyard by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $11,131,210 to $23,540,410 for an 80 to 110-room Courtyard by Marriott hotel to $14,956,610 to $28,763,410 for a 120 to 150-room Courtyard by Marriott hotel. This includes approximately $179,300 to $229,300 that must be paid to the franchisor or an affiliate.

About Econo Lodge

Econo Lodge hotels provide a great stay and a great value for business and leisure travelers. Free wireless hotspots Complimentary Breakfast by Econo Lodge Free USA Today weekdays.

The total investment necessary to convert an existing hotel and begin operation of a 63-room ECONO LODGE hotel franchise is between $208,275 and $938,645. This includes an affiliation fee of $250 per room for new franchises, $500 per room for transfers and renewals ($25,000 minimum for new franchises, $30,000 for transfers and renewals); a brand activation fee of approximately $8,000 to $17,000; and orientation and hospitality training fees of between $0 and $3,145 per person, all of which are paid to the Franchisor or its affiliates. These sums do not include the cost of any real estate taxes.