Fairfield Inns vs WaterWalk Hotels and Apartments Franchise Comparison

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

Start-Up Costs and Fees

 
Fairfield Inns Franchise
WaterWalk Hotels and Apartments Franchise
Investment $8,491,200 - $22,730,300$19,960,000 - $25,430,000
Franchise Fee $50,000 - $60,000$50,000
Royalty Fee 5.5%-
Advertising Fee --
Year Founded 19872014
Year Franchised 19872014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Fairfield Inns Franchise
WaterWalk Hotels and Apartments Franchise
Experience --

Financing Options

 
Fairfield Inns Franchise
WaterWalk Hotels and Apartments Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Fairfield Inns Franchise
WaterWalk Hotels and Apartments Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Fairfield Inns Franchise
WaterWalk Hotels and Apartments Franchise
US Expansion -Yes
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 WaterWalk Hotels and Apartments

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WaterWalk offers both well-appointed hotel suites and all-inclusive apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.

The total investment necessary to begin operation of a WaterWalk Property ranges from $19,960,000 to $25,430,000. This includes the initial fees owed to  WaterWalk varying from between $137,000 and $647,500 that must be paid to WaterWalk or its affiliates when the Property has no more than 153 units. If the Property will have more than 153 units, the payment to  WaterWalk and its affiliates and the total investment is increased by $375 per each additional unit.