| ||||
Updated RecentlyCandlewood Suites vs The Registry Collection Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Candlewood Suites vs The Registry Collection Hotels 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 | $21,810,621 - $35,601,522 |
| Franchise Fee | $50,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1995 | 2016 |
| Year Franchised | 1996 | 2016 |
| 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 | - | 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 The Registry Collection Hotels
!["the]("https://fddexchange.com/wp-content/uploads/2021/01/the-Regisrty-Collection-300x145.png")
Celebrating over a decade of success, The Registry Collection program caters to the
specific needs of members and affiliates in the luxury segment. Our
portfolio of affiliated properties is an elite network of luxury leisure
assets, each one selected as among the very best in its respective
category.
The total investment necessary to begin operation of a typical 150 room Registry Collection Hotel ranges from $21,810,621 to $35,601,522 for a new construction project.
The total investment necessary to begin
operation of a Registry Collection Hotel ranges from $477,269 to
$12,641,252 for a conversion of an existing hotel. Land acquisition
costs are not included in these ranges. The above amounts include a
range of $104,675 to $111,825 that must be paid to the Franchisor or an
affiliate.