Fairfield Inns vs Residence Inn Franchise Comparison

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

Start-Up Costs and Fees

 
Fairfield Inns Franchise
Residence Inn Franchise
Investment $8,491,200 - $22,730,300N/A
Franchise Fee $50,000 - $60,000N/A
Royalty Fee 5.5%-
Advertising Fee --
Year Founded 1987-
Year Franchised 1987-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Fairfield Inns Franchise
Residence Inn Franchise
Experience --

Financing Options

 
Fairfield Inns Franchise
Residence Inn Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Fairfield Inns Franchise
Residence Inn Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Fairfield Inns Franchise
Residence Inn Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Fairfield Inns

Consistent, quality lodging at an affordable price.
Features include: - Spacious guest rooms
- Daily complimentary continental breakfast
- Swimming pool
- Future plans include a selection of Fairfield Inn & Suites properties offering exercise rooms and enhanced amenities.

The total investment necessary to begin operation of a newly-constructed prototypical Fairfield by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $8,491,200 to $17,927,000 for an 80 to 110-room Fairfield by Marriott hotel and from $11,717,000 to $22,730,300 for a 120 to 150-room Fairfield by Marriott hotel. This includes approximately $130,800 to $205,300 that must be paid to the franchisor or an affiliate.

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