TownePlace Suites vs Holiday Inn Franchise Comparison

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

Start-Up Costs and Fees

 
TownePlace Suites Franchise
Holiday Inn Franchise
Investment $9,180,100 - $25,635,600$8,993,365 - $20,018,168
Franchise Fee $50,000 - $100,000$50,000
Royalty Fee -5-6%
Advertising Fee --
Year Founded 19971990
Year Franchised 19971990
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
TownePlace Suites Franchise
Holiday Inn Franchise
Experience --

Financing Options

 
TownePlace Suites Franchise
Holiday Inn Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/-

Training & Support

 
TownePlace Suites Franchise
Holiday Inn Franchise
Training -On-The-Job Training: Classroom Training:
Support -Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing --
Operations --

Expansion Plans

 
TownePlace Suites Franchise
Holiday Inn Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About TownePlace Suites

TownePlace Suites: The Special Features of Our Extended Stay Hotels For your comfort Our extended stay hotel offers suites that are 25% larger than typical hotel rooms Luxury bedding - crisp linens, fluffier pillows, thicker mattresses Separate living and sleeping areas Three spacious floor plans: studio, 1- and 2-bedroom suites Electronic card-key locks Smoke detectors and sprinklers For your convenience Fully equipped kitchen including conventional full-size refrigerator/freezer, stovetop, oven, coffee maker, microwave, eating utensils, and dishwasher Adjoining studio suites available Suites designed for persons with disabilities available Sofa bed in some suites Separate telephone and data lines Iron and ironing board For your routines & relaxation Free high-speed Internet (in many hotels) Remote-controlled TV with premium channels, including HBO Exercise room & outdoor swimming pool

The total investment necessary to begin operation of a newly-constructed prototypical TownePlace Suites by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $9,180,100 to $19,898,300 for an 80 to 110-suite TownePlace Suites by Marriott hotel and from $13,127,900 to $25,635,600 for a 120 to 150-suite TownePlace Suites by Marriott hotel. This includes approximately $150,300 to $217,100 that must be paid to the franchisor or an affiliate.

About Holiday Inn

Holiday Inn Express continues to Stay Smart by offering travelers competitive rates and convenient locations around the globe. The Holiday Inn Express prototype design allows for lower costs, lower overhead, and a more efficiently-staffed operation. Holiday Inn Express continues to set the pace in the mid-scale without food and beverage hotel category as the fastest-growing brand, opening on average two new hotels every week. Now, that is smart!

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#53 in Canada's Top franchises.
#36 in Franchise 500 for 2020.
#57 in Franchise 500 for 2021.