|
Below is an in-depth analysis and side-by-side comparison of Super 8 vs America's Best Inns & Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $233,200 - $4,834,492 | $109,250 - $5,836,500 |
Franchise Fee | $25,000 - $28,000 | $15,000 |
Royalty Fee | 5.5% | 17.50 -$22.50/room/mo. |
Advertising Fee | 3% | - |
Year Founded | 1974 | 1970 |
Year Franchised | 1976 | 1982 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | 50% of then-current fran. fee |
Business Experience Requirements |
||
Experience | Developer, owner, or real estate group with hospitality experience, credit and financial approval, and acceptable background check. | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | Yes/No | No/No |
Equipment | No/Yes | No/No |
Inventory | Yes/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | A comprehensive suite of learning opportunities designed to help you run your business. Our hands-on curriculum includes: General Manager Orientation: Our GM orientation (Strategic Training for Exceptional Performance - S.T.E.P.) is a 5 day program which focuses on the brand tools and resources designed to optimize your business’s performance. We provide year round training to all owners and will tailor your training for your needs. On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. |
Number of employees needed to run franchised unit: 6 - 12
Absentee ownership of franchise is allowed. |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Super 8's name is derived from its unique room rate- - $8.88 every night- - when the principal area opened in 1974 in Aberdeen, South Dakota.
America's Best Inns & Suites is a high quality mid-level limited service hotel brand with locations throughout the United States. With 102 hotels open and 5 under development as of September 1, 2004, America's Best Inns & Suites continues to expand around the country. America's Best Inns & Suites is primarily a conversion brand for existing hotel owners looking for a better way to do business. America's Best Inns & Suites offers a solution to independent hotel owners looking for a franchise brand or for current franchise hotel owners looking to reposition their property in the market place. Multi-unit operators disenchanted with the direction of their current brand should also consider America's Best Inns & Suites, subject to the requirements of their existing franchise agreement. US Franchise Systems, franchisor for the brand, is a recognized leader in the hotel industry, with 3 growing hotel brands and a reputation for treating our franchisees fairly. Noted for our strong relationships with and support for our franchisees, US Franchise Systems was founded on the principle that franchisees are our partners and they are in business for themselves, not by themselves.