Hawthorn Suites vs Value Place Franchise Comparison

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

Start-Up Costs and Fees

 
Hawthorn Suites Franchise
Value Place Franchise
Investment $225,693 - $12,785,326$5,035,000 - $7,031,000
Franchise Fee $40,000 - $44,500$5,000
Royalty Fee 5.5%5%
Advertising Fee 2.5%-
Year Founded 19862003
Year Franchised 19862004
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee 50% of current franchise fee50% of current fran. fee


Business Experience Requirements

 
Hawthorn Suites Franchise
Value Place Franchise
Experience --

Financing Options

 
Hawthorn Suites Franchise
Value Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Hawthorn Suites Franchise
Value Place Franchise
Training Available at headquarters, Available at franchisee's location, At regional location-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media-
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 20 - 30

Absentee ownership of franchise is allowed.

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Expansion Plans

 
Hawthorn Suites Franchise
Value Place Franchise
US Expansion --
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About Hawthorn Suites

Hawthorn Suites was established by Hyatt Hotels in 1986. Since 1998, the establishment has been possessed by Wyndham Hotel Group. At each Hawthorn Suites, visitor administrations incorporate a complimentary smorgasbord breakfast and night social hour, practice offices, videocassette players, and on location clothing and valet benefit. Business administrations incorporate a larger than average work zone with two telephone lines and an information port, individual phone message and a complimentary day by day paper.

"Entrepreneur
#365 in Franchise 500 for 2020.






About Value Place

Convenient Options for Temporary Housing

Enjoy the convenience of fully furnished suites and amenities that help you feel at home. Whether you’re traveling for work, moving to a new city, visiting family, remodeling you home, or you just need a place to stay for a while, we’re here for you. With nearly 300 locations across the country - and new hotels opening this year - it’s easy to find the WoodSpring Suites hotel that meets your needs.

How to Save Even More With Our Monthly Pre-Paid Rates

  • Search for your destination on WoodSpring.com with a date range of 28+ nights.
  • Look for our exclusive "Stay Longer and Save” rates.
  • Pre-pay for the first 28 nights of your stay when you check in, then pay every 28-nights for the rest of your stay.
  • The price you see, plus taxes and fees, is the price you’ll pay. The rate you see is the discounted rate for your 28+ night stay.

Planning a shorter visit? Check out our affordable weekly rates.