Value Place vs Residence Inn Franchise Comparison

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

Start-Up Costs and Fees

 
Value Place Franchise
Residence Inn Franchise
Investment $5,035,000 - $7,031,000N/A
Franchise Fee $5,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 2003-
Year Franchised 2004-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of current fran. fee-


Business Experience Requirements

 
Value Place Franchise
Residence Inn Franchise
Experience --

Financing Options

 
Value Place Franchise
Residence Inn 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

 
Value Place Franchise
Residence Inn Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Value Place Franchise
Residence Inn Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Value Place

Convenient Options for Temporary Housing

Enjoy 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.

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.


About Residence Inn

Designed as "home away from home" for travelers staying 5 or more nights - Residential atmosphere with spacious accommodations Features include: - Complimentary hot breakfast - Evening hospitality hour - Swimming pool - Sport Court - Personalized grocery shopping - Daily housekeeping - Guest suites with separate living and sleeping areas - Fully equipped kitchen - Work space with data ports and voicemail