Hospitality vs Residence Inn Franchise Comparison

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

Start-Up Costs and Fees

 
Hospitality Franchise
Residence Inn Franchise
Investment $133,600 - $2,602,000N/A
Franchise Fee $5,000 - $15,000N/A
Royalty Fee $35/rm/night-
Advertising Fee --
Year Founded 1971-
Year Franchised 1982-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Hospitality Franchise
Residence Inn Franchise
Experience --

Financing Options

 
Hospitality Franchise
Residence Inn Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Hospitality Franchise
Residence Inn Franchise
Training Classroom Training: 10.5 hours Additional Training: At regional training seminars -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations -
Marketing Ad Templates Regional Advertising Social media Website development Email marketing -
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 15

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

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Expansion Plans

 
Hospitality Franchise
Residence Inn Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion Yes-

Company Overviews

About Hospitality

Southern Scottish Inns Inc. and Red Carpet Inns Int'l. Inc. founded Hospitality Int'l. Inc. in 1982.

"Entrepreneur
#446 in Franchise 500 for 2020.

About Residence Inn

Designed as "home away from home" for travelers staying 5 or more nights - Residential atmosphere with spacious accommodations Features include: - Complimentary hot breakfast - Evening hospitality hour - Swimming pool - Sport Court - Personalized grocery shopping - Daily housekeeping - Guest suites with separate living and sleeping areas - Fully equipped kitchen - Work space with data ports and voicemail