SpringHill Suites vs stayAPT Suites Franchise Comparison

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

Start-Up Costs and Fees

 
SpringHill Suites Franchise
stayAPT Suites Franchise
Investment $9,403,000 - $26,051,800$4,148,500 - $7,616,000
Franchise Fee $60,000 - $100,000N/A
Royalty Fee --
Advertising Fee --
Year Founded 19982018
Year Franchised 19982018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
SpringHill Suites Franchise
stayAPT Suites Franchise
Experience --

Financing Options

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

Training & Support

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

Expansion Plans

 
SpringHill Suites Franchise
stayAPT 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 stayAPT Suites

"stayAPT
A stayAPT Suites™ hotel is an extended- stay hotel offering temporary housing on a weekly or monthly rental basis. stayAPT offers franchisees both the right to develop multiple Hotels under an Area Development Agreement (each Hotel requiring a separate Franchise Agreement) and individual Hotels under a Franchise Agreement.

The total investment necessary to begin operation of a stayAPT Suites™ Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is $6,052,500 to $7,616,000, excluding real estate costs. This includes $51,000 that must be paid to the franchisor or an affiliate. If you sign an Area Development Agreement, you must pay $30,000 for each Hotel you plan to develop, all of which is due at signing. The initial fee paid under the Area Development Agreement is in lieu of the initial franchise fee normally due for a Hotel when the Franchise Agreement for that Hotel is executed.