Staybridge Suites vs Canopy Franchise Comparison

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

Start-Up Costs and Fees
 
Staybridge Suites Franchise
Canopy Franchise
Investment $15,352,595 - $22,436,565$44,872,050 - $114,186,475
Franchise Fee $55,000$75,000
Royalty Fee 5%5%
Advertising Fee -4%
Year Founded 19982007
Year Franchised 19982007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Staybridge Suites Franchise
Canopy Franchise
Experience --

Financing Options
 
Staybridge Suites Franchise
Canopy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Staybridge Suites Franchise
Canopy Franchise
Training --
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 Website development Loyalty program/app -
Operations --

Expansion Plans
 
Staybridge Suites Franchise
Canopy Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Staybridge Suites

Staybridge Suites is an innovative all-suite hotel meeting the needs of extended-stay guests. Staybridge Suites offers its developers a flexible hotel building design with a mixture of suite options to suit your market, site identification, architectural planning assistance and power of InterContinental Hotels Group enterprise values. Make It Your Place(R).

About Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020