SpringHill Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SpringHill Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$9,403,000 - $26,051,800 |
Franchise Fee |
$60,000 - $100,000 |
Royalty Fee |
- |
Advertising Fee |
- |
Year Founded |
1998 |
Year Franchised |
1998 |
Term Of Agreement |
- |
Term Of Agreement |
- |
Renewal Fee |
- |
Business Experience Requirements |
Experience |
- |
Financing Options |
|
In-House/3rd Party |
Franchise Fees |
-/- |
Start-up Costs |
-/- |
Equipment |
-/- |
Inventory |
-/- |
Receivables |
-/- |
Payroll |
-/- |
Training & Support |
Training |
- |
Support |
- |
Marketing |
- |
Operations |
- |
Expansion Plans |
US Expansion |
- |
Canada Expansion |
- |
International Expansion |
- |
Company Overviews
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.