Econo Lodge vs MHO Hotel Franchise Comparison

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

Start-Up Costs and Fees

 
Econo Lodge Franchise
MHO Hotel Franchise
Investment $208,275 - $938,645$59,400 - $1,238,000
Franchise Fee $25,000N/A
Royalty Fee 4.5%-
Advertising Fee 3.5%-
Year Founded -2020
Year Franchised -2020
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Econo Lodge Franchise
MHO Hotel Franchise
Experience --

Financing Options

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

Training & Support

 
Econo Lodge Franchise
MHO Hotel Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Econo Lodge Franchise
MHO Hotel Franchise
US Expansion -Yes
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 MHO Hotel

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Trust MHO Hotels for brands and services that stand above others and resonate positively in consumers’ minds. Led by a team of experienced hotel owners and property developers who understand the hospitality business and have deep and wide connections within the industry to benefit their partners, clients and franchisees, MHO Hotels provides an excellent array of services to hotel owners. Independent-minded hotel owners who want to run their properties their way as well as developers who need a plan for excellence in the hospitality industry can rely on MHO Hotels. Today, this rapidly growing and evolving company is changing the face of the hotel/motel landscape with properties that bear the MHO Hotels, MHO Suites, MHO Inn & Suites and MHO Inn names. Property owners that want to maintain their distinctive identities can also benefit from being part of the Powered by MHO Hotels family without giving up a thing. If it’s time to increase occupancy and revenue as well as your average daily rate, it’s time to move forward with MHO Hotels. Partnering with our team is an excellent decision that will serve your interests well as you navigate the uncertain and ever-evolving world of hospitality.