Econo Lodge vs Mainstay Suites Franchise Comparison

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

Start-Up Costs and Fees

 
Econo Lodge Franchise
Mainstay Suites Franchise
Investment $208,275 - $938,645$290,825 - $13,479,816
Franchise Fee $25,000$30,000
Royalty Fee 4.5%5%
Advertising Fee 3.5%2.5%
Year Founded --
Year Franchised --
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee --


Business Experience Requirements

 
Econo Lodge Franchise
Mainstay Suites Franchise
Experience --

Financing Options

 
Econo Lodge Franchise
Mainstay Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Econo Lodge Franchise
Mainstay Suites Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Econo Lodge Franchise
Mainstay Suites Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Econo Lodge

Econo Lodge hotels provide a great stay and a great value for business and leisure travelers. Free wireless hotspots Complimentary Breakfast by Econo Lodge Free USA Today weekdays.

The total investment necessary to convert an existing hotel and begin operation of a 63-room ECONO LODGE hotel franchise is between $208,275 and $938,645. This includes an affiliation fee of $250 per room for new franchises, $500 per room for transfers and renewals ($25,000 minimum for new franchises, $30,000 for transfers and renewals); a brand activation fee of approximately $8,000 to $17,000; and orientation and hospitality training fees of between $0 and $3,145 per person, all of which are paid to the Franchisor or its affiliates. These sums do not include the cost of any real estate taxes.

About Mainstay Suites

Strong brand for the strong midscale, extended-stay market.
MainStay Suites® is an all suites extended stay brand that helps guests maintain their lifestyle during time away from home. Designed with welcoming, residential style architecture, MainStay Suites hotels feature multiple suite types, regional exterior options and the amenities to help guests live like home.