TownePlace Suites vs Cobblestone Inn and Suites Franchise Comparison

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

Start-Up Costs and Fees

 
TownePlace Suites Franchise
Cobblestone Inn and Suites Franchise
Investment $9,180,100 - $25,635,600$64,799 - $8,738,497
Franchise Fee $50,000 - $100,000$35,000
Royalty Fee -$3/room/day
Advertising Fee -.25/room/day
Year Founded 19972008
Year Franchised 19972012
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee --


Business Experience Requirements

 
TownePlace Suites Franchise
Cobblestone Inn and Suites Franchise
Experience --

Financing Options

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

Training & Support

 
TownePlace Suites Franchise
Cobblestone Inn and Suites Franchise
Training -

*5 days at Headquarters *14 days at the Hotel location *up to 14 days at each new Hotel location

Support --
Marketing --
Operations -90% are owner/Operators. 10% are investors Approx. 7 Full Time employees are necessary for each Hotel

Expansion Plans

 
TownePlace Suites Franchise
Cobblestone Inn and Suites 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 Cobblestone Inn and Suites

Cobblestone Inn and Suites are unique properties that offer superb curb appeal which gives our arriving guests a wonderful sense of arrival. These properties feature state of the art technology that allows for exceptional operation and marketing functionality. All guest rooms are enhanced with telecommunications and advanced business-oriented amenities such as high speed wireless internet access in all of the guest rooms and public spaces. Since our guest mix includes equal parts of leisure guests and business travelers, Cobblestone Inn and Suites helps our properties stay balanced seven days a week. Cobblestone is filling the lodging needs of many smaller communities by introducing our upper mid-scale all new build brands. This cohesive approach of community and entrepreneurship provides the catalyst for success for all shareholders. Cobblestone Inn and Suites' is "Paving the Future of Hotel Ownership"

The total investment necessary to begin operation of a Cobblestone Inn and Suites franchised business is between $3,492,499 and $8,738,497 for a newly constructed hotel. This includes between $52,999 and $77,997 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of a Cobblestone Inn and Suites franchised business is between $64,799 and $1,658,797 for the conversion of an existing hotel. This includes between $52,999 and $77,997 that must be paid to the franchisor or its affiliate(s).