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Updated RecentlySpringHill Suites vs BW Premier Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SpringHill Suites vs BW Premier Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,403,000 - $26,051,800 | N/A |
| Franchise Fee | $60,000 - $100,000 | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1998 | 2015 |
| Year Franchised | 1998 | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About SpringHill Suites
Moderately priced, all-suite lodging brand
Guest suites that are up to 25% larger than standard hotel rooms
Features include:
- Complimentary continental breakfast
- Self-serve business center
- Indoor pool
- Whirlpool/spa (most locations)
- High-speed internet access
- Exercise room.
The total investment necessary to begin operation of a
newly-constructed prototypical SpringHill Suites by Marriott hotel,
excluding the cost of real estate and related costs (building permit,
tap, and impact fees), ranges from $9,403,000 to $20,678,400 for an 80
to 110-suite SpringHill Suites by Marriott hotel and from $13,266,100 to
$26,051,800 for a 120 to 150-suite SpringHill Suites by Marriott hotel.
This includes approximately $150,300 to $207,100 that must be paid to
the franchisor or an affiliate.
About BW Premier Collection
!["BW]("https://fddexchange.com/wp-content/uploads/2020/04/BW-Premier-Collection.jpg")
Best Western Hotels & Resorts headquartered in Phoenix, Arizona, is a privately held hotel brand within the BWH Hotel Group global network. With 18 brands and approximately 4,700 hotels in over 100 countries and territories worldwide*, BWH Hotel Group suits the needs of developers and guests in every market. Brands include Best Western, Best Western Plus, Best Western Premier®, Executive Residency by Best Western, Vīb®, GLō®, Aiden®, Sadie®, BW Premier Collection® and BW Signature Collection®. Through acquisition, WorldHotelsTM Luxury, WorldHotels Elite, WorldHotels Distinctive and WorldHotels Crafted collections are also offered. Completing the portfolio is SureStay®, SureStay Plus®, SureStay Collection® and SureStay Studio franchises.
The total investment necessary to begin operation of a 120-room BW
Premier Collection hotel is $606,800 - $5,281,500, which includes
$29,000 - $39,400 that must be paid to the franchisor or their
affiliate.
The total investment necessary to begin operation of a 90-room BW Signature Collection hotel is $436,300 - $2,124,500, which includes $29,000 - $39,400 that must be paid to the franchisor or their affiliate.
The total investment necessary to begin operation of a 90-room BW Signature Collection hotel is $436,300 - $2,124,500, which includes $29,000 - $39,400 that must be paid to the franchisor or their affiliate.