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Updated RecentlyHyatt vs Candlewood Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hyatt vs Candlewood Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $44,648,500 - $1,541,430,000 | $7,807,040 - $10,716,900 |
| Franchise Fee | $60,000 - $100,000 | $50,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | - |
| Year Founded | 1957 | 1995 |
| Year Franchised | 2005 | 1996 |
| 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 | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: Varies Classroom Training: Varies |
| Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media SEO Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Hyatt
An upscale select service hotel with a modern attitude.
Designed for multi-tasking travelers seeking a select service hotel, Hyatt Place properties offer smart design and a relaxed setting with a 24/7 guest kitchen and grab n go case. Located in urban, airport and suburban areas, Hyatt Place features casual hospitality in a contemporary, technology-enabled environment. Sixteen new Hyatt Place hotels opened in North America in 2010 and more than 30 are under development in the U.S., India, Panama, Costa Rica and the Netherlands.
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#81 on Franchise Rankings.com
About Candlewood Suites
At Candlewood Suites® hotels we offer a more casual kind
of longer stay, where you’ll always feel at home, at your best and
really productive while on the road.
All of our locations throughout the Americas are easily accessible
and we’re always opening new hotels, so guests can book a spacious suite
whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home.
Fully-equipped suites, room to spread out, space to work and space to
relax.