| ||||
Updated RecentlyAmerica's Best Inns & Suites vs WoodSpring Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of America's Best Inns & Suites vs WoodSpring Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $109,250 - $5,836,500 | $5,035,000 - $7,031,000 |
| Franchise Fee | $15,000 | $50,000 |
| Royalty Fee | 17.50 -$22.50/room/mo. | 5% |
| Advertising Fee | - | 2.5% |
| Year Founded | 1970 | 2003 |
| Year Franchised | 1982 | 2004 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | 50% of then-current fran. fee | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
||
| Training | - | On-The-Job Training: Upon request Classroom Training: Varies |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 6 - 12
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About America's Best Inns & Suites
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.
About WoodSpring Suites
WoodSpring® is the fastest growing brand in the economy extended stay segment.
- Cost-effective prototype, designed to be built in less than 12 months
- Proven, lean operating model that enables maximum efficiency for owners
- Proprietary vendor relationships and hands-on support enable expedited openings
- Dedicated, extended stay national sales team
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")