Courtyard By Marriott vs COMPASS by Margaritaville Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Courtyard By Marriott vs COMPASS by Margaritaville including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Courtyard By Marriott Franchise
COMPASS by Margaritaville Franchise
Investment $11,131,210 - $28,763,410$9,010,000 - $31,395,000
Franchise Fee $50,000 - $90,000N/A
Royalty Fee --
Advertising Fee --
Year Founded -2020
Year Franchised -2020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Courtyard By Marriott Franchise
COMPASS by Margaritaville Franchise
Experience --

Financing Options

 
Courtyard By Marriott Franchise
COMPASS by Margaritaville Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Courtyard By Marriott Franchise
COMPASS by Margaritaville Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Courtyard By Marriott Franchise
COMPASS by Margaritaville Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Courtyard By Marriott

Moderately priced lodging brand "Designed by business travelers for business travelers."This lodging brand has recently increased its number of downtown locations, often through conversions of historical buildings *Features include: - 80 to 150 guest rooms - High-speed Internet access - Restaurant, lounge - Meeting space - Central courtyard - Exercise room - Swimming pool - 24-hour access to food

The total investment necessary to begin operation of a newly-constructed prototypical Courtyard by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $11,131,210 to $23,540,410 for an 80 to 110-room Courtyard by Marriott hotel to $14,956,610 to $28,763,410 for a 120 to 150-room Courtyard by Marriott hotel. This includes approximately $179,300 to $229,300 that must be paid to the franchisor or an affiliate.

About COMPASS by Margaritaville


"Compass
Brand-new in 2020, Compass Hotels by Margaritaville brings our signature island vibe to a whole new range of locations. Dropping anchor in up-and-coming neighborhoods, established vacation hotspots, college towns, coastal retreats, and bustling downtown centers - Compass is poised to deliver a tall, cold glass of chill to anyone who’s looking for a tropical-style escape. Discover a whole new latitude. Invest in a Compass.