Hawthorn Suites vs Courtyard By Marriott Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hawthorn Suites vs Courtyard By Marriott including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$225,693 - $12,785,326 | $11,131,210 - $28,763,410 |
Franchise Fee |
$40,000 - $44,500 | $50,000 - $90,000 |
Royalty Fee |
5.5% | - |
Advertising Fee |
2.5% | - |
Year Founded |
1986 | - |
Year Franchised |
1986 | - |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
50% of current franchise fee | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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. | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
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.
#365 in Franchise 500 for 2020.
About Courtyard By Marriott
Moderately priced lodging brand "Designed by business travelers for business travelers."This lodging brand has recently increased its number of downtown locations, often through conversions of historical buildings *Features include:
- 80 to 150 guest rooms
- High-speed Internet access
- Restaurant, lounge
- Meeting space
- Central courtyard
- Exercise room
- Swimming pool
- 24-hour access to food
The total investment necessary to begin operation of a newly-constructed
prototypical Courtyard by Marriott hotel, excluding the cost of real
estate and related costs (building permit, tap, and impact fees), ranges
from $11,131,210 to $23,540,410 for an 80 to 110-room Courtyard by
Marriott hotel to $14,956,610 to $28,763,410 for a 120 to 150-room
Courtyard by Marriott hotel. This includes approximately $179,300 to
$229,300 that must be paid to the franchisor or an affiliate.