Starwood Hotels & Resorts vs Le Meridien Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Starwood Hotels & Resorts vs Le Meridien including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Starwood Hotels & Resorts Franchise
Le Meridien Franchise
Investment $5,000,000$61,886,490 - $96,761,490
Franchise Fee N/AN/A
Royalty Fee --
Advertising Fee --
Year Founded 19981997
Year Franchised 19982005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Starwood Hotels & Resorts Franchise
Le Meridien Franchise
Experience --

Financing Options
 
Starwood Hotels & Resorts Franchise
Le Meridien Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Starwood Hotels & Resorts Franchise
Le Meridien Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Starwood Hotels & Resorts Franchise
Le Meridien Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Starwood Hotels & Resorts

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 1,270 properties in some 100 countries and over 180,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences under the renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Tribute Portfolio™, Four Points® by Sheraton, Aloft®, Element®, along with an expanded partnership with Design Hotels™. The Company also boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG®).

About Le Meridien

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Le Méridien, the Paris-born hotel brand currently represented by nearly 100 properties in more than 40 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With more than 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provided a strong international complement to Starwood’s then primarily North American holdings at the time of purchase. Since then, Le Méridien has gone through a brand re-launch, which included a large scale hotels product consolidation as well as redefining its brand strategy. Through creation of the LM100 artist community, Le Méridien has transformed numerous guest touch points, thus bringing unique, interactive and curated experiences to its guests. Plans call for dynamic expansion of Le Méridien Hotels and Resorts , concentrating on markets in Asia-Pacific and the Americas.

The total investment necessary to begin operation of a newly-constructed Le Méridien hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $61,886,490 to $96,761,490 for a 250-guestroom hotel. This includes approximately $317,000 to
$399,000 that must be paid to the franchisor or an affiliate.