Cobblestone Inn and Suites vs Master Hosts Inns Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cobblestone Inn and Suites vs Master Hosts Inns including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$64,799 - $8,738,497 | $133,600 - $2,602,000 |
Franchise Fee |
$35,000 | $6,000 - $16,000 |
Royalty Fee |
$3/room/day | 3% |
Advertising Fee |
.25/room/day | 2.5% |
Year Founded |
2008 | - |
Year Franchised |
2012 | - |
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 |
*5 days at Headquarters
*14 days at the Hotel location
*up to 14 days at each new Hotel location | - |
Support |
- | - |
Marketing |
- | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations.
In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty.
Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. |
Operations |
90% are owner/Operators.
10% are investors
Approx. 7 Full Time employees are necessary for each Hotel | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Cobblestone Inn and Suites
Cobblestone Inn and Suites are unique properties that offer superb curb appeal which gives our arriving guests a wonderful sense of arrival. These properties feature state of the art technology that allows for exceptional operation and marketing functionality. All guest rooms are enhanced with telecommunications and advanced business-oriented amenities such as high speed wireless internet access in all of the guest rooms and public spaces. Since our guest mix includes equal parts of leisure guests and business travelers, Cobblestone Inn and Suites helps our properties stay balanced seven days a week.
Cobblestone is filling the lodging needs of many smaller communities by introducing our upper mid-scale all new build brands. This cohesive approach of community and entrepreneurship provides the catalyst for success for all shareholders. Cobblestone Inn and Suites' is "Paving the Future of Hotel Ownership"
The total investment necessary to begin operation of a Cobblestone Inn and Suites franchised business is between $3,492,499 and $8,738,497 for a newly constructed hotel. This includes between $52,999
and $77,997 that must be paid to the franchisor or its affiliate(s).
The
total investment necessary to begin operation of a Cobblestone Inn and Suites franchised business is between $64,799 and $1,658,797 for the conversion of an existing hotel. This includes between $52,999 and
$77,997 that must be paid to the franchisor or its affiliate(s).
About Master Hosts Inns
Master Hosts Inns and Master Hosts Resorts are primarily located in
resort or destination locations. They are full service hotels that range
from the mid to upper middle price range.
The Master Hosts brand encourages hotels to preserve their own
identities. These properties typically have character, warmth, charm and
an independent name that they can display and market in addition to the
Master Hosts flag.
Potential guests can connect seamlessly to travel sites and travel agents worldwide, receive
property information and rates and view property photos on hundreds of
websites to which
Master Hosts Inns property listings and details will
be made available
As a franchisee of Hospitality International, you can expect all the benefits of being part
of a franchise system, no costly surprises and fair, consistent
treatment and respect from your corporate franchise staff. You can also
rely on personal and prompt common sense service.