Marriott Hotels & Resorts vs Element Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Marriott Hotels & Resorts Franchise
Element Hotels Franchise
Investment $74,082,490 - $176,017,490$10,972,610 - $30,445,500
Franchise Fee $50,000$60,000
Royalty Fee -5.5%
Advertising Fee --
Year Founded -1997
Year Franchised -2017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Marriott Hotels & Resorts Franchise
Element Hotels Franchise
Experience --

Financing Options

 
Marriott Hotels & Resorts Franchise
Element Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Marriott Hotels & Resorts Franchise
Element Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Marriott Hotels & Resorts Franchise
Element Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Marriott Hotels & Resorts

Flagship brand of quality-tier, full-service hotels & resorts Provides consistent, dependable, and genuinely caring experiences to guests on their terms Features include: - Fully equipped fitness centers - Gift shops - Swimming pools - Concierge levels - Business centers - Meeting facilities - High-speed Internet access is available at many hotels

The total investment necessary to begin operation of a newly-constructed 300-guestroom Marriott Hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $74,082,490 to $117,152,490 and from $112,487,490 to $176,017,490 for a newly-constructed 300 guestroom JW Marriott Hotel. This includes approximately $419,000 to $491,000 for a 300 guestroom Marriott Hotel and $454,000 to $526,000 for a 300-guestroom JW Marriott Hotel that must be paid to the franchisor or an affiliate.

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.