SpringHill Suites vs Everhome Suites Franchise Comparison

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

Start-Up Costs and Fees

 
SpringHill Suites Franchise
Everhome Suites Franchise
Investment $9,403,000 - $26,051,800$10,108,350 - $12,101,869
Franchise Fee $60,000 - $100,000N/A
Royalty Fee --
Advertising Fee --
Year Founded 1998-
Year Franchised 1998-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
SpringHill Suites Franchise
Everhome Suites Franchise
Experience --

Financing Options

 
SpringHill Suites Franchise
Everhome Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
SpringHill Suites Franchise
Everhome Suites Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
SpringHill Suites Franchise
Everhome Suites Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

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 Everhome Suites

"Everhome
Choice Hotels will offer the following to help hotel developers build a strong and successful portfolio with Everhome Suites:
The total investment necessary to begin operation of a 113-room newly constructed Everhome Suites hotel franchise is between $10,108,350 and $12,101,869. This includes an affiliation fee of $50,000 for properties with 113 rooms or less, $300/per room for each additional room and $550 per room for transfers and renewals ($50,000 minimum); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of
$0 - $3,145 per person, all of which must be paid to the Franchisor or its affiliates. These sums do not include the cost of purchasing or leasing land or any real estate taxes.