Marriott Hotels & Resorts vs Centerstone Franchise Comparison

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

Start-Up Costs and Fees

 
Marriott Hotels & Resorts Franchise
Centerstone Franchise
Investment $74,082,490 - $176,017,490$47,149 - $8,728,147
Franchise Fee $50,000$17,000
Royalty Fee -2%
Advertising Fee -2%
Year Founded -2012
Year Franchised -2012
Term Of Agreement -as low as 3 years
Term Of Agreement -as low as 3 years
Renewal Fee --


Business Experience Requirements

 
Marriott Hotels & Resorts Franchise
Centerstone Franchise
Experience --

Financing Options

 
Marriott Hotels & Resorts Franchise
Centerstone Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Marriott Hotels & Resorts Franchise
Centerstone Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Marriott Hotels & Resorts Franchise
Centerstone Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Marriott Hotels & Resorts

Flagship brand of quality-tier, full-service hotels & resorts Provides consistent, dependable, and genuinely caring experiences to guests on their terms Features include: - Fully equipped fitness centers - Gift shops - Swimming pools - Concierge levels - Business centers - Meeting facilities - High-speed Internet access is available at many hotels

The total investment necessary to begin operation of a newly-constructed 300-guestroom Marriott Hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $74,082,490 to $117,152,490 and from $112,487,490 to $176,017,490 for a newly-constructed 300 guestroom JW Marriott Hotel. This includes approximately $419,000 to $491,000 for a 300 guestroom Marriott Hotel and $454,000 to $526,000 for a 300-guestroom JW Marriott Hotel that must be paid to the franchisor or an affiliate.

About Centerstone

At Centerstone we offer 3 concepts: Centerstone Inns & Suites Centerstone Inns are an economy based product that represents exceptional value to its guests. A typical Centerstone Inn would have a minimum of two diamond/star like quality. Typically, it does not include a restaurant and bar and has an average size of 75 rooms. A Centerstone Inns & Suites is basically the same as a Centerstone Inns with 20% or more of its inventory being suites, versus standard guest rooms. Centerstone Hotel A Centerstone Hotel is typically a minimum of three diamond/star like quality that competes in the mid market and brings exceptional value to its customers. Most Centerstone Hotels are full service and provide a restaurant, lounge, meeting rooms and other related services. Waivers are available for restaurants providing a free breakfast buffet is offered. A typical Centerstone Hotel is interior corridor and mid-rise to high-rise with approximately 125 rooms or more. Centerstone Plaza Hotel A Centerstone Plaza Hotel is typically a four diamond/star like quality product that has an immediate wow factor and competes in the high end of the mid tier sector. A Centerstone Plaza Hotel is designed for the more discriminating value conscious traveler. Typically these properties are 150 rooms or larger, full service with restaurant/bar, meeting facilities, swimming pool, health club and other elevated brand standards and service amenities that make this product a true four diamond/star like experience. Franchise Terms Application Fee: $2,000 Initial Fee: $12,000 Royalty & Marketing Fees: 3% Gross Room Revenue Annual Conference Fee: $499 The Centerstone brand offers one of the lowest fee structures in the industry. With an initial fee of only $12,000, franchisees can have short-term agreements as low as 36 months. Combined marketing and royalty is only 3%. Everything mentioned above is coupled with a cutting-edge reservation system, strong consumer marketing programs, and a commitment of fairness and understanding which makes Centerstone one of best choices in franchising today. Welcome to a true, “franchise-friendly”, brand.

The total investment necessary to begin operation of a Centerstone Lodging Facility franchised business is between $3,482,149 and $8,728,147 for a newly constructed hotel. This includes between $42,999 and $67,997 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Centerstone Lodging Facility franchised business conversion of an existing hotel is between $47,149 and $1,648,147. This includes between $35,999 and $67,997 that must be paid to the franchisor or its affiliates(s).