Hampton Inn/Hampton Inn & Suites vs GrandStay Residential Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hampton Inn/Hampton Inn & Suites vs GrandStay Residential Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$7,662,800 - $20,306,500 | $117,900 - $10,090,200 |
Franchise Fee |
$75,000 | $35,000 |
Royalty Fee |
6% | 5% |
Advertising Fee |
4% | 2% |
Year Founded |
1983 | 2000 |
Year Franchised |
1984 | 2000 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
Same as initial 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/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
- | - |
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, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 25
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Hampton Inn/Hampton Inn & Suites
The first Hampton Inn opened in Memphis, Tennessee in 1984. Hampton Inn
was the first mid-price national hotel chain to begin offering a free
continental breakfast and free local phone calls. In 1995, the Hampton
brand introduced Hampton Inn & Suites, which consisted of two-room
suite hotel rooms with living rooms and kitchen areas. In 1999, Hampton Inn was acquired by Hilton Worldwide, which has hotels in more than 90 countries.
Hampton hotels offer a 100% guarantee. If guests are not completely happy with the clean rooms and friendly service, Hampton Hotels vows to refund the cost of the stay.
Franchisees of Hampton Hotels will not only be aligning with a leading, emerging brand in the hotel industry, but also the parent company of Hilton Worldwide, which has a proven, dominant track record in the hotel industry. Franchisees have the peace of mind that many successful people will be behind them to support their business endeavors.
#19 on Franchise Rankings.com
#30 in Franchise 500 for 2020.
#24 in Franchise 500 for 2021.
About GrandStay Residential Suites
GrandStay Hospitality, LLC offers a hotel franchise opportunity like
no other hotel chain. From franchise conversions to new builds,
GrandStay franchisees are backed by a strong, growing lodging company
with a unique, technology-driven marketing approach, flexible franchise
options and collaborative, one-on-one support designed for success.
Click here for our Franchise Brochure
- Upper Midscale Market
- Growing Hospitality Brand
- Fresh Approach to Design
- Attractive Amenities
- Proven Business System
- Strong Partnership
A careful review of the GrandStay Hospitality Franchise Disclosure
Document (FDD) is the first step in the application process. The next
step is to complete a GrandStay Hospitality Application. Once the
Franchise Agreement and supporting paperwork are completed and returned
with the initial fee, you will begin the GrandStay hotel construction
program.
We welcome you to join the GrandStay Family!
The total investment necessary to begin operation of a new build
GrandStay hotel, other than a GrandStay conference center property, is
$5,038,400 to $10,090,200 and $124,900 to $1,021,200 for a conversion
property.
The total investment necessary to begin operation of a new
build GrandStay conference center is $306,400 to $2,300,200 and $117,900
to $541,200 for a conversion property. In all cases, this includes
$35,000 that must be paid to the Franchisor.