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 |
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 |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
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
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.