Country Inns & Suites By Radisson vs stayAPT Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Country Inns & Suites By Radisson vs stayAPT Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,916,178 - $9,472,795 | $4,148,500 - $7,616,000 |
Franchise Fee |
$50,000 | N/A |
Royalty Fee |
5% | - |
Advertising Fee |
2.5% | - |
Year Founded |
1986 | 2018 |
Year Franchised |
1987 | 2018 |
Term Of Agreement |
15 years | - |
Term Of Agreement |
15 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
Additional training available | - |
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 |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
Yes | - |
International Expansion |
Yes | - |
Company Overviews
About Country Inns & Suites By Radisson
Country Inns & Suites By Radisson is a leading mid-market brand known for providing a caring, consistent and comfortable hospitality experience, delivered with a touch of home.
Country Inns & Suites By Radisson features traditional architecture and a transitional residential interior design with the brand's iconic plank lobby flooring and welcoming lobby with a fireplace. Each hotel offers free high-speed Internet*, a fitness center, a business center, and attractive comfortable furnishings that blend rich woods and natural earth tones. With more than 1,370 hotels in operation and under development in over 110 countries and territories worldwide, primarily in the U.S., Canada, India and Mexico, Country Inns & Suites is headquartered in Minneapolis, Minnesota,
and is one of seven brands within the Carlson Rezidor Hotel Group
portfolio.
#68 on Franchise Rankings.com
About stayAPT Suites
A stayAPT Suites™ hotel is an extended- stay hotel offering temporary
housing on a weekly or monthly rental basis. stayAPT offers franchisees
both the right to develop multiple Hotels under an Area Development
Agreement (each Hotel requiring a separate Franchise Agreement) and
individual Hotels under a Franchise Agreement.
The total investment necessary to begin operation of a stayAPT Suites™
Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is
$6,052,500 to $7,616,000, excluding real estate costs. This includes
$51,000 that must be paid to the franchisor or an affiliate. If you sign
an Area Development Agreement, you must pay $30,000 for each Hotel you
plan to develop, all of which is due at signing. The initial fee paid
under the Area Development Agreement is in lieu of the initial franchise
fee normally due for a Hotel when the Franchise Agreement for that
Hotel is executed.