Econo Lodge vs SureStay Hotel by Best Western Franchise Comparison

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

Start-Up Costs and Fees

 
Econo Lodge Franchise
SureStay Hotel by Best Western Franchise
Investment $208,275 - $938,645$186,225 - $24,338,895
Franchise Fee $25,000N/A
Royalty Fee 4.5%-
Advertising Fee 3.5%-
Year Founded -2016
Year Franchised -2016
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Econo Lodge Franchise
SureStay Hotel by Best Western Franchise
Experience --

Financing Options

 
Econo Lodge Franchise
SureStay Hotel by Best Western Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Econo Lodge Franchise
SureStay Hotel by Best Western Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Econo Lodge Franchise
SureStay Hotel by Best Western Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 SureStay Hotel by Best Western

"SureStay

SureStay Hotel GroupĀ® is a new hotel offering powered by decades of proven success and experience. Find out how you can become a business partner of this new hotel brand that will provide you with proven playbooks to drive business results.
SureStay Hotel Group offer value-oriented travelers an exceptional experience at an affordable price. Comprised of four distinctive brands,
SureStay Hotel Group offers traditional and longer stay travelers comfort and value while away from home.

The total investment necessary to begin operation of a newly constructed 60-room SureStay Hotel by Best Western ranges from $4,618,720 to $6,843,395. This includes $41,495 to $52,495 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a 60-room SureStay Hotel by Best Western that has been converted from an existing hotel ranges from $186,225 to $749,395. This includes $42,995 to $53,995 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a newly constructed 80-room SureStay Plus Hotel by Best Western ranges from $6,892,220 to $9,260,895. This includes $41,495 to $52,495 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a 80-room SureStay Plus Hotel by Best Western that has been converted from an existing hotel ranges from $256,225 to $986,895. This includes $42,995 to $53,995 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a newly constructed 100-room SureStay Studio by Best Western ranges from $6,892,220 to $9,291,935. This includes $41,495 to $52,495 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a 100-room SureStay Studio by Best Western that has been converted from an existing hotel ranges from $256,225 to $987,935. This includes $42,995 to $53,995 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a newly constructed 200-room SureStay Collection by Best Western ranges from $18,550,220 to $24,338,895. This includes $51,495 to $62,495 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a 200-room SureStay Collection by Best Western that has been converted from an existing hotel ranges from $911,325 to $2,583,895. This includes $52,995 to $63,995 that must be paid to the franchisor or its affiliate.