Choice Hotels vs SpringHill Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Choice Hotels vs SpringHill Suites 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 | $9,403,000 - $26,051,800 |
Franchise Fee |
$10,000 - $60,000 | $60,000 - $100,000 |
Royalty Fee |
Varies | - |
Advertising Fee |
Varies | - |
Year Founded |
1939 | 1998 |
Year Franchised |
1962 | 1998 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
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 | - |
International Expansion |
Yes | - |
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 SpringHill Suites
Moderately priced, all-suite lodging brand
Guest suites that are up to 25% larger than standard hotel rooms
Features include:
- Complimentary continental breakfast
- Self-serve business center
- Indoor pool
- Whirlpool/spa (most locations)
- High-speed internet access
- Exercise room.
The total investment necessary to begin operation of a
newly-constructed prototypical SpringHill Suites by Marriott hotel,
excluding the cost of real estate and related costs (building permit,
tap, and impact fees), ranges from $9,403,000 to $20,678,400 for an 80
to 110-suite SpringHill Suites by Marriott hotel and from $13,266,100 to
$26,051,800 for a 120 to 150-suite SpringHill Suites by Marriott hotel.
This includes approximately $150,300 to $207,100 that must be paid to
the franchisor or an affiliate.