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Updated RecentlyCandlewood Suites vs Hyatt Place Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Candlewood Suites vs Hyatt Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $7,807,040 - $10,716,900 | $15,269,000 - $30,124,500 |
| Franchise Fee | $50,000 | $60,000 - $100,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1995 | 2005 |
| Year Franchised | 1996 | 2005 |
| 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 | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
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 Hyatt Place Hotels
!["Hyatt]("https://fddexchange.com/wp-content/uploads/2019/01/Hyatt-Place-Hotels.png")
At
Hyatt Place we do things differently. We combine style, innovation and
24/7 convenience to create a perfectly seamless stay with every modern
comfort you deserve. You never have to settle for any place less than
Hyatt Place.
- Free Wi-Fi, everywhere
-A.M. Kitchen Skillet™ breakfast served daily, free with your stay
- 24/7 Gallery Menu
- Lobby Bar open daily
- Roomy Rooms including the Cozy Corner with sectional sofa
- Swiveling HDTVs and plush Hyatt Luxury Pillowtop Mattress in all guestrooms
- Necessities for forgotten essentials
- Over 350 locations worldwide