Candlewood Suites vs Courtyard By Marriott Franchise Comparison

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

Start-Up Costs and Fees

 
Candlewood Suites Franchise
Courtyard By Marriott Franchise
Investment $7,807,040 - $10,716,900$11,131,210 - $28,763,410
Franchise Fee $50,000$50,000 - $90,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 1995-
Year Franchised 1996-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Candlewood Suites Franchise
Courtyard By Marriott Franchise
Experience --

Financing Options

 
Candlewood Suites Franchise
Courtyard By Marriott Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Candlewood Suites Franchise
Courtyard By Marriott Franchise
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

 
Candlewood Suites Franchise
Courtyard By Marriott Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.

About Courtyard By Marriott

Moderately priced lodging brand "Designed by business travelers for business travelers."This lodging brand has recently increased its number of downtown locations, often through conversions of historical buildings *Features include: - 80 to 150 guest rooms - High-speed Internet access - Restaurant, lounge - Meeting space - Central courtyard - Exercise room - Swimming pool - 24-hour access to food

The total investment necessary to begin operation of a newly-constructed prototypical Courtyard by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $11,131,210 to $23,540,410 for an 80 to 110-room Courtyard by Marriott hotel to $14,956,610 to $28,763,410 for a 120 to 150-room Courtyard by Marriott hotel. This includes approximately $179,300 to $229,300 that must be paid to the franchisor or an affiliate.