Value Place vs Courtyard By Marriott Franchise Comparison

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

Start-Up Costs and Fees

 
Value Place Franchise
Courtyard By Marriott Franchise
Investment $5,035,000 - $7,031,000$11,131,210 - $28,763,410
Franchise Fee $5,000$50,000 - $90,000
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
Courtyard By Marriott Franchise
Experience --

Financing Options

 
Value Place Franchise
Courtyard By Marriott 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
Courtyard By Marriott Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Value Place Franchise
Courtyard By Marriott 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 Courtyard By Marriott

Moderately priced lodging brand "Designed by business travelers for business travelers."This lodging brand has recently increased its number of downtown locations, often through conversions of historical buildings *Features include: - 80 to 150 guest rooms - High-speed Internet access - Restaurant, lounge - Meeting space - Central courtyard - Exercise room - Swimming pool - 24-hour access to food

The total investment necessary to begin operation of a newly-constructed prototypical Courtyard by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $11,131,210 to $23,540,410 for an 80 to 110-room Courtyard by Marriott hotel to $14,956,610 to $28,763,410 for a 120 to 150-room Courtyard by Marriott hotel. This includes approximately $179,300 to $229,300 that must be paid to the franchisor or an affiliate.