Signature Inn vs Best Western Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Signature Inn vs Best Western including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Signature Inn Franchise
Best Western Franchise
Investment $3,216,500 - $6,275,000$50,505 - $24,773,188
Franchise Fee $7,500$45,000 - $60,000
Royalty Fee --
Advertising Fee --
Year Founded 19861946
Year Franchised 19861957
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Signature Inn Franchise
Best Western Franchise
Experience --

Financing Options
 
Signature Inn Franchise
Best Western Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Signature Inn Franchise
Best Western Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Signature Inn Franchise
Best Western Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Signature Inn

"Signature

Signature Inn invites guests to stay Outside Ordinary. With a cheap-chic design and eye-catching branding, Signature Inn brings to life the golden age of travel and gives it a retro-modern twist for an experience that is just as unique as it is comfortable.Join the Red Lion Hotel Corporation family and enjoy incredible benefits, including affordable flat fees, reasonable agreements, flexible services and amenities and strong revenue contribution.


The total investment necessary to convert an existing hotel into a 40-room Signature Inn Hotel is $153,000 to $932,500. This estimate includes $21,000 to $22,000 that must be paid to the franchisor.
The total investment necessary for a newly-constructed 40-room Signature Inn Hotel is $3,216,500 to $6,275,000, excluding the cost of purchasing or leasing land or any real estate taxes. This estimate includes $21,000 that must be paid to the franchisor.


About Best Western

"Best

Best Western Hotels & Resorts headquartered in Phoenix, Arizona, is a privately held hotel brand within the BWH Hotel Group global network. With 18 brands and approximately 4,700 hotels in over 100 countries and territories worldwide, BWH Hotel Group suits the needs of developers and guests in every market. Brands include Best Western®, Best Western Plus®, Best Western Premier®, Executive Residency by Best Western®, Vīb®, GLō®, Aiden®, Sadie®, BW Premier Collection® and BW Signature Collection®. Through acquisition, WorldHotelsTM Luxury, WorldHotels Elite, WorldHotels Distinctive and WorldHotels Crafted collections are also offered. Completing the portfolio is SureStay®, SureStay Plus®, SureStay Collection® and SureStay Studio franchises.


The total investment necessary to begin operation of a 75-room Best Western hotel is $5,080,050 - $9,589,538 (for new construction) and $505,050 - $1,939,539 (for a conversion), which includes $69,350 - $143,438 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of a 90-room
Best Western Plus hotel is $6,433,050 - $10,397,788 (for new construction) and $608,050 - $2,406,288 (for a  conversion), which includes $72,350 - $147,188 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of a 120-room Best Western Premier hotel is $13,944,450 - $24,773,188 (for new construction) and $869,450 - $5,673,188 (for a conversion), which includes $78,350 - $154,688 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of a 100-room Executive Residency by Best Western hotel is $6,573,050 - $11,949,788 (for new construction) and $648,050 - $3,149,788 (for a conversion), which includes $74,350 - $149,688 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of a 100-room dual brand hotel (e.g., Best Western Plus and Executive Residency by Best Western) is $6,751,750 - $12,065,838 (for new construction) and $726,750 - $3,370,838 (for a conversion), which includes $109,350 - $193,438 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of a 110-room Vīb hotel as is $9,817,150 - $14,354,988 (for new construction) and $1,392,150 - $3,804,988 (for a conversion), which includes $76,350 - $152,188 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of an 80-room GLō hotel is $7,354,750 - $9,821,488 (for new construction) and $1,129,750 - $2,771,488 (for a conversion), which includes $70,350 - $144,688 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of a 90-room Aiden hotel is $6,494,750 - $10,467,988 (for new construction) and $669,750 - $2,467,988 (for a conversion), which includes $72,350 - $147,188 that must be paid to the franchisor or their affiliate; and, the total investment necessary to begin operation of a 120-room Sadie hotel is $13,924,750 - $24,749,488 (for new construction) and $845,750 - $5,649,488 (for a conversion), which includes $78,350 - $154,688 that must be paid to the franchisor or their affiliate.