Choice Hotels vs Settle Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Choice Hotels vs Settle Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$88,050 - $13,166,100 | $2,763,290 - $3,687,220 |
Franchise Fee |
$10,000 - $60,000 | $25,000 |
Royalty Fee |
Varies | 3%year 1, 3.5%thereafter |
Advertising Fee |
Varies | 2.25% |
Year Founded |
1939 | 1992 |
Year Franchised |
1962 | 1992 |
Term Of Agreement |
20 years | 10 years, 5 years thereafter |
Term Of Agreement |
20 years | 10 years, 5 years thereafter |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | - |
Financing Options |
|
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 |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
Company Overviews
About Choice Hotels
A group of Southern motel owners got together in 1939 to discuss the state of the lodging industry, hoping to do something to change the negative opinion the public had about motels (FBI director J. Edgar Hoover had warned that motels were used as bases of operations by gangsters). owners set about to create a set of quality standards for motels and agreed to publish the names of establishments that complied with these standards. In 1940, the group officially named itself Quality Courts United Inc. In 1990, Quality became known as Choice Hotels International Inc. The hotels in the chain now include Sleep, Comfort, Quality, Clarion, Rodeway, Econo Lodge and Cambria.
#29 in Canada's Top franchises.
About Settle Inn
Since,1992, Settle Inn management has worked to establish a consistent and effective lodging system and grown to become a successful regional brand. Working with the AAFD in 2005, Settle Inn, LLC developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. Settle Inn is a hotel designed for hoteliers by hoteliers with a back-to-the-basics approach, and is based upon a quality physical product, great rooms and a great guest experience.
We offer our Owners a simple cost effective partnership with our 100% to commitment to their success including; 24/7 800 call center, 2-way reservations interface, 100% FREE PMS software, 24/7 tech support, 24/7 online booking engine at
www.settleinn.com, proprietary & permanent sales and service training reinforced monthly for all system hotels, generous quarterly royalty fee discounts based upon service scores, experienced quality assurance staff, an exciting guest loyalty program and an overall approach to marketing that is fresh and fun. We currently offer two brand levels:
Settle Inn and
Settle Inn & Suites. Both brands target the mid-priced market segment and offer Developers at any stage: from first time Owner to experienced operator - to grow with America's friendliest brand.