Super 8 vs GrandStay Residential Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Super 8 vs GrandStay Residential Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Super 8 Franchise
GrandStay Residential Suites Franchise
Investment $233,200 - $4,834,492$117,900 - $10,090,200
Franchise Fee $25,000 - $28,000$35,000
Royalty Fee 5.5%5%
Advertising Fee 3%2%
Year Founded 19742000
Year Franchised 19762000
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Super 8 Franchise
GrandStay Residential Suites Franchise
Experience Developer, owner, or real estate group with hospitality experience, credit and financial approval, and acceptable background check.-

Financing Options

 
Super 8 Franchise
GrandStay Residential Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs Yes/No-/-
Equipment No/Yes-/-
Inventory Yes/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Super 8 Franchise
GrandStay Residential Suites Franchise
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 -
Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations International franchisees required to buy multiple units/master licenses

Absentee ownership of franchise is allowed.

-

Expansion Plans

 
Super 8 Franchise
GrandStay Residential Suites Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Super 8

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.

Super 8 Worldwide® is the world's biggest economy lodging chain with more than 2,200 properties in the U.S., Canada, and China. Super 8 has as of late propelled a brand invigorate with another logo and a crisp, new inside and outside outline program. Visitors can rely on upon each Super 8 to convey: complimentary SuperStart® breakfast, free fast web get to, updated shower conveniences, free in-room espresso, kids under 17 remain free, and free premium link or satellite TV.

The total investment necessary to begin operation of a Super 8 franchise for a 65 room new construction facility ranges from $3,672,673 to $4,834,492.
The total investment necessary to begin operation of a Super 8
franchise for a 100 room conversion facility ranges from $233,200 to $2,181,300.
Land acquisition costs are not included in these ranges.
The above amounts include a range of $33,600 to $62,925 that must be paid to the franchisor or an affiliate.

Founded in 1974, Super 8 Motels has been franchising since 1976

"Top      "Entrepreneur
#70 in Canada's Top franchises.
#106 in Franchise 500 for 2020.
#179 in Franchise 500 for 2020.








About GrandStay Residential Suites

"GrandStay
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
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.