Key West Inns vs Element Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Key West Inns vs Element Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Key West Inns Franchise
Element Hotels Franchise
Investment $32,149 - $8,713,147$10,972,610 - $30,445,500
Franchise Fee $14,000$60,000
Royalty Fee 2%5.5%
Advertising Fee 2%-
Year Founded 19891997
Year Franchised 19892017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Key West Inns Franchise
Element Hotels Franchise
Experience --

Financing Options

 
Key West Inns Franchise
Element Hotels Franchise
  In-House/3rd PartyIn-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

 
Key West Inns Franchise
Element Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Key West Inns Franchise
Element Hotels Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Key West Inns

Key West Inns, Inc. is a hotel franchising company that borrows the looks and feel of South Florida in architectural style and appearance. All hotels feature the amenities that corporate travelers need while offering a relaxing atmosphere that will please families and senior travelers.

The total investment necessary to begin operation of a Key West Lodging Facility franchised business is between $3,4667,149 and $8,713,147 for a newly constructed hotel. This includes between $27,999 and $52,497 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of a Key West Lodging Facility franchised business is between $32,149 and $1,633,147 for the conversion of an existing hotel. This includes between $20,999 and $52,497 that must be paid to the franchisor or its affiliate(s).

About Element Hotels

"Element

Inspired by Westin, Element® is transforming the extended stay segment with bright, modern design, eco-conscious practices and an innovative guest experience that resonates with today’s traveler. From spacious guest rooms featuring fully equipped kitchens to spa-inspired bathrooms, guests have space to live their lives.
Element is a smarter, better place to stay.