Knights Inn vs Element Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Knights Inn Franchise
Element Hotels Franchise
Investment $93,000 - $6,277,500$10,972,610 - $30,445,500
Franchise Fee $7,000$60,000
Royalty Fee $21/rm./mo.5.5%
Advertising Fee --
Year Founded 19721997
Year Franchised 19912017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Knights Inn Franchise
Element Hotels Franchise
Experience --

Financing Options
 
Knights Inn Franchise
Element Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Knights Inn Franchise
Element Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Knights Inn Franchise
Element Hotels Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion -Yes

Company Overviews

About Knights Inn

"KNIGHTS

Knight's Inns, an illustrious place to remain. An illustrious place to claim.

With about 200 properties - most ideal off major U.S. what's more, Canadian interstates - Knights Inn is an inn network on a mission: to be the favored economy/spending brand for voyagers searching for clean rooms, well disposed administration, and incredible esteem.

As a Knights Inn franchisee, you'll appreciate two upper hands: a very perceived roadside name and steadfast clients. The economy/spending fragment is an extending market, especially on the recreation side, making Knights Inn lodgings consummately situated to serve esteem cognizant clients: families, seniors and mid-level business voyagers.

This inn network has been around quite a while and individuals know the name by heart. Strong organization.

About Element Hotels

"Element

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.