Studio 6 vs Hyatt Centric Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Studio 6 vs Hyatt Centric including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Studio 6 Franchise	Hyatt Centric Franchise
Investment	$206,850 - $9,621,350	$29,373,500 - $105,360,000
Franchise Fee	$20,000 - $30,000	$100,000
Royalty Fee	5%	-
Advertising Fee	2%	-
Year Founded	1998	2015
Year Franchised	1999	2015
Term Of Agreement	10-15 years	-
Term Of Agreement	10-15 years	-
Renewal Fee	50% of current franchise fee	-
Business Experience Requirements
	Studio 6 Franchise	Hyatt Centric Franchise
Experience	General business experience	-
Financing Options
	Studio 6 Franchise	Hyatt Centric Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	-/-
Start-up Costs	No/Yes	-/-
Equipment	No/Yes	-/-
Inventory	No/Yes	-/-
Receivables	No/No	-/-
Payroll	No/No	-/-
Training & Support
	Studio 6 Franchise	Hyatt Centric Franchise
Training	On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention	-
Support	Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform	-
Marketing	Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app	-
Operations	Absentee Ownership Allowed	-
Expansion Plans
	Studio 6 Franchise	Hyatt Centric Franchise
US Expansion	-	Yes
Canada Expansion	No	-
International Expansion	Yes	Yes

Company Overviews

About Studio 6

Extend Your Stay, Not Your Budget
Studio 6 taps into the national recognition of Motel 6, while having developed a following all its own.
Studio 6 properties feature fully furnished studios with low weekly rates and amenities for comfortable, restful extended stays. The properties are easy to operate and manage with favorable weekly pricing. Invest in one of the segment's fastest growing brands. Motel 6 introduced Studio 6 in 1998 as an extended-stay option for travelers.
Franchising since 1999, Studio 6 offers furnished studio rooms, complete with work areas and fully furnished kitchens. The company is based in Dallas.
Franchise opportunities are available for: Seasoned quality-oriented developers or operators, and; Those new to the lodging industry.
Franchisee Benefits:
* Complete prototype design
* Architectural, construction and renovation support
* Powerful marketing support and national advertising
* Competitive franchise and royalty fees
* Protected market territories
* Personalized operational support
* Initial training at our corporate headquarters
* Ongoing training on the field and online
* Adherence to fair franchising initiatives
* One-stop shopping for all purchasing needs

Seeking new franchise units throughout the U.S., Asia, Canada, Central America, Mexico and South America