Comfort Suites vs The Luxury Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Comfort Suites vs The Luxury Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$307,125 - $9,243,275 | $138,156,490 - $214,086,490 |
Franchise Fee |
$50,000 | N/A |
Royalty Fee |
5.65% | - |
Advertising Fee |
3.85% | - |
Year Founded |
- | - |
Year Franchised |
- | - |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
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 Comfort Suites
Choice Hotel's premier midscale, limited service,
all-suites brand.
The total investment necessary to convert an existing hotel and begin
operation of an 80-room COMFORT hotel franchise is between
$307,125-$1,967,495. The total investment necessary to begin operation
of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES
hotel franchise is between $4,638,625-$8,393,895, and the total
investment necessary to begin operation of a newly constructed 86-room
COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This
includes the following fees that must be paid to the franchisor or its
affiliates as follows: an affiliation fee of $500 per room for new
franchises, $750 per room for transfers and renewals ($50,000 minimum
for new franchises, $65,000 minimum for transfers and renewals); a property
management system software license and systems training fee of between
$10,750 and $14,750; and orientation and hospitality training fees of
between $0 and $3,245 per person. These sums do not include the cost of
purchasing or leasing land or any real estate taxes.
About The Luxury Collection
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.