Rodeway Inns vs stayAPT Suites Franchise Comparison

You’re all about the basics and you want the same in a hotel brand. The easy to operate, iconic Rodeway Inn is familiar to most travelers for its emphasis on value.

The total investment necessary to convert an existing hotel and begin operation of a 67-room Rodeway Inn hotel franchise is between $118,825-$572,495. This includes the following fees that must be paid to the franchisor or its affiliates as follows: an affiliation fee of $125 per room for new construction and $375 per room for transfers and renewals, $15,000 minimum; a property management system software license and systems training fee of between $5,250 and $9,250; and orientation and hospitality training fees of between $0 and $3,245 per person. These sums do not include the cost of any real estate taxes.

A stayAPT Suites™ hotel is an extended- stay hotel offering temporary housing on a weekly or monthly rental basis. stayAPT offers franchisees both the right to develop multiple Hotels under an Area Development Agreement (each Hotel requiring a separate Franchise Agreement) and individual Hotels under a Franchise Agreement.

The total investment necessary to begin operation of a stayAPT Suites™ Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is $6,052,500 to $7,616,000, excluding real estate costs. This includes $51,000 that must be paid to the franchisor or an affiliate. If you sign an Area Development Agreement, you must pay $30,000 for each Hotel you plan to develop, all of which is due at signing. The initial fee paid under the Area Development Agreement is in lieu of the initial franchise fee normally due for a Hotel when the Franchise Agreement for that Hotel is executed.