Candlewood Suites vs Everhome Suites Franchise Comparison

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

Start-Up Costs and Fees

 
Candlewood Suites Franchise
Everhome Suites Franchise
Investment $7,807,040 - $10,716,900$10,108,350 - $12,101,869
Franchise Fee $50,000N/A
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
Everhome Suites Franchise
Experience --

Financing Options

 
Candlewood Suites Franchise
Everhome Suites 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
Everhome Suites 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
Everhome Suites Franchise
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 Everhome Suites

"Everhome
Choice Hotels will offer the following to help hotel developers build a strong and successful portfolio with Everhome Suites:
The total investment necessary to begin operation of a 113-room newly constructed Everhome Suites hotel franchise is between $10,108,350 and $12,101,869. This includes an affiliation fee of $50,000 for properties with 113 rooms or less, $300/per room for each additional room and $550 per room for transfers and renewals ($50,000 minimum); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of
$0 - $3,145 per person, all of which must be paid to the Franchisor or its affiliates. These sums do not include the cost of purchasing or leasing land or any real estate taxes.