Hawthorn Suites vs WoodSpring Suites Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

 
Hawthorn Suites Franchise
WoodSpring Suites Franchise
Experience --

Financing Options

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

Training & Support

 
Hawthorn Suites Franchise
WoodSpring Suites Franchise
Training Available at headquarters, Available at franchisee's location, At regional location On-The-Job Training: Upon request Classroom Training: Varies
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
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
WoodSpring Suites Franchise
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.

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#365 in Franchise 500 for 2020.






About WoodSpring Suites

WoodSpring® is the fastest growing brand in the economy extended stay segment.

Designed with purpose to offer exactly what the extended stay guest needs, we’ve stripped away the unnecessary extras and infused form, function and beauty into what’s left. The result for owners is a brand that’s tightly optimized to help enable profitability.
  • Cost-effective prototype, designed to be built in less than 12 months
  • Proven, lean operating model that enables maximum efficiency for owners
  • Proprietary vendor relationships and hands-on support enable expedited openings
  • Dedicated, extended stay national sales team

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