Updated RecentlyEnjoy the convenience of fully furnished suites and amenities that help you feel at home. Whether you’re traveling for work, moving to a new city, visiting family, remodeling you home, or you just need a place to stay for a while, we’re here for you. With nearly 300 locations across the country - and new hotels opening this year - it’s easy to find the WoodSpring Suites hotel that meets your needs.
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GUESTHOUSE vs Value Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GUESTHOUSE vs Value Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $118,000 - $1,918,500 | $5,035,000 - $7,031,000 |
| Franchise Fee | $15,000 | $5,000 |
| Royalty Fee | 3%year1, 3.5%thereafter | 5% |
| Advertising Fee | 1.5% | - |
| Year Founded | 1987 | 2003 |
| Year Franchised | 1987 | 2004 |
| Term Of Agreement | 10 years, 5 years thereafter | 20 years |
| Term Of Agreement | 10 years, 5 years thereafter | 20 years |
| Renewal Fee | - | 50% of current fran. fee |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/No |
| Start-up Costs | -/- | No/No |
| Equipment | -/- | No/No |
| Inventory | -/- | No/No |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About GUESTHOUSE
GuestHouse International Inns Hotels and Suites evolved from the first GuestHouse Inn & Suites in Little Rock AR in 1987 to become a leading mid-market brand with 70+ properties across America and China. GuestHouse International's most popular standard amenities include complimentary continental breakfast, freshly baked Belgian waffles, 25" remote-controlled TV's with free sports, movie and all news channels, data ports, In-room coffeemakers, free parking, and high speed internet access.
The GuestHouse International franchise support system is one of the best in the industry. Franchise Service Managers provide support from initial opening to front desk training to outside sales assistance. Our Brand Assurance team helps property managers maintain the highest possible standards to ensure guest satisfaction and increase success. InnLink Central Reservation Systems (located in GuestHouse Int'l corporate headquarters) delivers GDS, voice and branded reservation services at www.guesthouseintl.com. Guest House International franchise agreements reward success and a true working relationship between owner and franchisor.
In December 2006, GuestHouse International was purchased by Settle Inn LLC. In 2005 Settle Inn LLC, working with the AAFD, developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. As with Settle Inn LLC, GuestHouse International is committed to delivering exceptional service to our franchisees.
The total investment necessary to convert an existing hotel into a
70-room GuestHouse Extended Stay Hotel is $118,000 to $1,918,500. This
estimate includes $21,000 to $22,000 that must be paid to the
franchisor.
The total investment necessary for a newly constructed
70-room GuestHouse Extended Stay Hotel is $3,765,500 to $7,369,000, excluding the cost of
purchasing or leasing land or any real estate taxes. This estimate
includes $21,000 that must be paid to the franchisor.
About Value Place
Convenient Options for Temporary Housing
How to Save Even More With Our Monthly Pre-Paid Rates
- Search for your destination on WoodSpring.com with a date range of 28+ nights.
- Look for our exclusive "Stay Longer and Save” rates.
- Pre-pay for the first 28 nights of your stay when you check in, then pay every 28-nights for the rest of your stay.
- The price you see, plus taxes and fees, is the price you’ll pay. The rate you see is the discounted rate for your 28+ night stay.
Planning a shorter visit? Check out our affordable weekly rates.