Econo Lodge vs The Luxury Collection Franchise Comparison

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

Start-Up Costs and Fees

 
Econo Lodge Franchise
The Luxury Collection Franchise
Investment $208,275 - $938,645$138,156,490 - $214,086,490
Franchise Fee $25,000N/A
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

 
Econo Lodge Franchise
The Luxury Collection Franchise
Experience --

Financing Options

 
Econo Lodge Franchise
The Luxury Collection Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Econo Lodge Franchise
The Luxury Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Econo Lodge Franchise
The Luxury Collection Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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.

About The Luxury Collection

"The

The franchisee will establish and operate a full-service hotel that will be designated
as a member of “The Luxury Collection.”
The total investment necessary to begin operation of a newly-constructed The Luxury Collection hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $138,156,490 to $214,086,490 for a 250-guestroom hotel. This includes approximately $368,500 to $499,500 that must be paid to the franchisor or an affiliate.