Settle Inn vs Canopy Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Settle Inn vs Canopy including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Settle Inn Franchise
Canopy Franchise
Investment $2,763,290 - $3,687,220$44,872,050 - $114,186,475
Franchise Fee $25,000$75,000
Royalty Fee 3%year 1, 3.5%thereafter5%
Advertising Fee 2.25%4%
Year Founded 19922007
Year Franchised 19922007
Term Of Agreement 10 years, 5 years thereafter-
Term Of Agreement 10 years, 5 years thereafter-
Renewal Fee --


Business Experience Requirements

 
Settle Inn Franchise
Canopy Franchise
Experience --

Financing Options

 
Settle Inn Franchise
Canopy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Settle Inn Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Settle Inn Franchise
Canopy Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020