Settle Inn vs Comfort Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Settle Inn vs Comfort Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$2,763,290 - $3,687,220 | $307,125 - $9,243,275 |
Franchise Fee |
$25,000 | $50,000 |
Royalty Fee |
3%year 1, 3.5%thereafter | 5.65% |
Advertising Fee |
2.25% | 3.85% |
Year Founded |
1992 | - |
Year Franchised |
1992 | - |
Term Of Agreement |
10 years, 5 years thereafter | 20 years |
Term Of Agreement |
10 years, 5 years thereafter | 20 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | 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 |
No | - |
International Expansion |
No | - |
Company Overviews
About Settle Inn
Since,1992, Settle Inn management has worked to establish a consistent and effective lodging system and grown to become a successful regional brand. Working with the AAFD in 2005, Settle Inn, LLC developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. Settle Inn is a hotel designed for hoteliers by hoteliers with a back-to-the-basics approach, and is based upon a quality physical product, great rooms and a great guest experience.
We offer our Owners a simple cost effective partnership with our 100% to commitment to their success including; 24/7 800 call center, 2-way reservations interface, 100% FREE PMS software, 24/7 tech support, 24/7 online booking engine at
www.settleinn.com, proprietary & permanent sales and service training reinforced monthly for all system hotels, generous quarterly royalty fee discounts based upon service scores, experienced quality assurance staff, an exciting guest loyalty program and an overall approach to marketing that is fresh and fun. We currently offer two brand levels:
Settle Inn and
Settle Inn & Suites. Both brands target the mid-priced market segment and offer Developers at any stage: from first time Owner to experienced operator - to grow with America's friendliest brand.
About Comfort Suites
Choice Hotel's premier midscale, limited service,
all-suites brand.
The total investment necessary to convert an existing hotel and begin
operation of an 80-room COMFORT hotel franchise is between
$307,125-$1,967,495. The total investment necessary to begin operation
of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES
hotel franchise is between $4,638,625-$8,393,895, and the total
investment necessary to begin operation of a newly constructed 86-room
COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This
includes the following fees that must be paid to the franchisor or its
affiliates as follows: an affiliation fee of $500 per room for new
franchises, $750 per room for transfers and renewals ($50,000 minimum
for new franchises, $65,000 minimum for transfers and renewals); a property
management system software license and systems training fee of between
$10,750 and $14,750; and orientation and hospitality training fees of
between $0 and $3,245 per person. These sums do not include the cost of
purchasing or leasing land or any real estate taxes.