Fairfield Inns vs Canopy Franchise Comparison

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

Start-Up Costs and Fees
 
Fairfield Inns Franchise
Canopy Franchise
Investment $8,491,200 - $22,730,300$44,872,050 - $114,186,475
Franchise Fee $50,000 - $60,000$75,000
Royalty Fee 5.5%5%
Advertising Fee -4%
Year Founded 19872007
Year Franchised 19872007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Fairfield Inns Franchise
Canopy Franchise
Experience --

Financing Options
 
Fairfield Inns Franchise
Canopy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Fairfield Inns Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Fairfield Inns Franchise
Canopy Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020