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Updated RecentlyCandlewood Suites vs Best Western Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Candlewood Suites vs Best Western 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 | $50,505 - $24,773,188 |
| Franchise Fee | $50,000 | $45,000 - $60,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1995 | 1946 |
| Year Franchised | 1996 | 1957 |
| 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 Best Western
!["Best]("https://fddexchange.com/wp-content/uploads/2020/02/Best-Western-300x60.png")
Best Western Hotels & Resorts headquartered in Phoenix, Arizona, is a privately held hotel brand within the BWH Hotel Group global network. With 18 brands and approximately 4,700 hotels in over 100 countries and territories worldwide, BWH Hotel Group suits the needs of developers and guests in every market. Brands include Best Western®, Best Western Plus®, Best Western Premier®, Executive Residency by Best Western®, Vīb®, GLō®, Aiden®, Sadie®, BW Premier Collection® and BW Signature Collection®. Through acquisition, WorldHotelsTM Luxury, WorldHotels Elite, WorldHotels Distinctive and WorldHotels Crafted collections are also offered. Completing the portfolio is SureStay®, SureStay Plus®, SureStay Collection® and SureStay Studio franchises.
The total investment necessary to begin operation of a 75-room Best Western hotel is $5,080,050 - $9,589,538 (for new construction) and $505,050 - $1,939,539 (for a conversion), which includes $69,350 - $143,438 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of a 90-room
Best Western
Plus hotel is $6,433,050 - $10,397,788 (for new construction) and
$608,050 - $2,406,288 (for a conversion), which includes $72,350 -
$147,188 that must be paid to the franchisor or their affiliate; the
total investment necessary to begin operation of a 120-room Best Western
Premier hotel is $13,944,450 - $24,773,188 (for new construction) and
$869,450 - $5,673,188 (for a conversion), which includes $78,350 -
$154,688 that must be paid to the franchisor or their affiliate; the
total investment necessary to begin operation of a 100-room Executive
Residency by Best Western hotel is $6,573,050 - $11,949,788 (for new
construction) and $648,050 - $3,149,788 (for a conversion), which
includes $74,350 - $149,688 that must be paid to the franchisor or their
affiliate; the total investment necessary to begin operation of a
100-room dual brand hotel (e.g., Best Western Plus and Executive
Residency by Best Western) is $6,751,750 - $12,065,838 (for new
construction) and $726,750 - $3,370,838 (for a conversion), which
includes $109,350 - $193,438 that must be paid to the franchisor or
their affiliate; the total investment necessary to begin operation of a
110-room Vīb hotel as is $9,817,150 - $14,354,988 (for new construction)
and $1,392,150 - $3,804,988 (for a conversion), which includes $76,350 -
$152,188 that must be paid to the franchisor or their affiliate; the
total investment necessary to begin operation of an 80-room GLō hotel is
$7,354,750 - $9,821,488 (for new construction) and $1,129,750 -
$2,771,488 (for a conversion), which includes $70,350 - $144,688 that
must be paid to the franchisor or their affiliate; the total investment
necessary to begin operation of a 90-room Aiden hotel is $6,494,750 -
$10,467,988 (for new construction) and $669,750 - $2,467,988 (for a
conversion), which includes $72,350 - $147,188 that must be paid to the
franchisor or their affiliate; and, the total investment necessary to
begin operation of a 120-room Sadie hotel is $13,924,750 - $24,749,488
(for new construction) and $845,750 - $5,649,488 (for a conversion),
which includes $78,350 - $154,688 that must be paid to the franchisor or
their affiliate.