| ||||
Updated RecentlyCandlewood Suites vs WaterWalk Hotels and Apartments Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Candlewood Suites vs WaterWalk Hotels and Apartments including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $7,807,040 - $10,716,900 | $19,960,000 - $25,430,000 |
| Franchise Fee | $50,000 | $50,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1995 | 2014 |
| Year Franchised | 1996 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | - | Yes |
| 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 WaterWalk Hotels and Apartments
!["httpsfddexchangecomwp-contentuploads202001WaterWalkpng"]("https://fddexchange.com/wp-content/uploads/2020/01/WaterWalk.png")
WaterWalk offers both well-appointed hotel suites and all-inclusive
apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.
The total investment necessary to begin operation of a WaterWalk
Property ranges from $19,960,000 to $25,430,000. This includes the
initial fees owed to WaterWalk varying from between $137,000 and $647,500
that must be paid to WaterWalk or its affiliates when the Property has no
more than 153 units. If the Property will have more than 153 units, the
payment to WaterWalk and its affiliates and the total investment is increased
by $375 per each additional unit.