Courtyard By Marriott vs AFM Hospitality Corporation Franchise Comparison

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

Start-Up Costs and Fees
 
Courtyard By Marriott Franchise
AFM Hospitality Corporation Franchise
Investment $11,131,210 - $28,763,410$2,000,000 - $20,000,000
Franchise Fee $50,000 - $90,000$35,000
Royalty Fee -3%
Advertising Fee -4%
Year Founded -1991
Year Franchised -1992
Term Of Agreement -5/5/5/5 Years
Term Of Agreement -5/5/5/5 Years
Renewal Fee --


Business Experience Requirements
 
Courtyard By Marriott Franchise
AFM Hospitality Corporation Franchise
Experience --

Financing Options
 
Courtyard By Marriott Franchise
AFM Hospitality Corporation Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Courtyard By Marriott Franchise
AFM Hospitality Corporation Franchise
Training -On-Site 3-5 Days
Support -Central Data Processing:

Central Purchasing:

Field Operation Evaluation:

Field Training:

Initial Store Opening:

Franchisee Newsletter:

Regional or National Meetings:

800 Telephone Hotline:

Marketing --
Operations --

Expansion Plans
 
Courtyard By Marriott Franchise
AFM Hospitality Corporation 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 AFM Hospitality Corporation

AFM is dedicated to being the best in hospitality services, nationwide. Wherever possible, the services we provide have been centralized, allowing the company to capitalize on economies of scale. All brands receive full training, quality assurance and franchise service support provided by a team of industry experts. The growth strategy for the company has been developed by a team of professionals, each with a specific area of expertise in the hospitality trade.