Fairfield Inns vs HomeTowne Studios Franchise Comparison

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

Start-Up Costs and Fees

 
Fairfield Inns Franchise
HomeTowne Studios Franchise
Investment $8,491,200 - $22,730,300$345,500 - $1,238,500
Franchise Fee $50,000 - $60,000$30,000
Royalty Fee 5.5%3%
Advertising Fee --
Year Founded 19872017
Year Franchised 19872017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Fairfield Inns Franchise
HomeTowne Studios Franchise
Experience --

Financing Options

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

Training & Support

 
Fairfield Inns Franchise
HomeTowne Studios Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Fairfield Inns Franchise
HomeTowne Studios Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -No

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 HomeTowne Studios

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HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.
• Fully Furnished Rooms
• Kitchen
• Full Sized Refrigerator
• Microwave
• 2-Burner Stove Top
• Kitchen Table with Chairs
• Weekly House Keeping
• On-site Laundry
• Free High-Speed WiFi
• HD Flat Screen TV
• Extended Cable Package
• Free Domestic Phone Service
• All Inclusive Pricing - No Utility Bills!
• Rate Options: Daily, Weekly, Monthly

The total investment necessary to begin operation of a HomeTowne Studios by Red Roof or a Home Town Inn lodging franchise for a 65-room conversion hotel ranges from $345,500 to $1,238,500. These amounts do not include the costs of land, original construction or acquisition, or ground or building lease rent for the hotel location but do include the approximately $56,500 to $62,000 that must be paid to the franchisor or an affiliate.