| ||||
Updated RecentlyEcono Lodge vs Atwell Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Econo Lodge vs Atwell Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $208,275 - $938,645 | $8,820,308 - $12,387,352 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 3.5% | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| 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 Atwell Suites
Atwell Suites™ is a new upper-midscale, all-suites hotel brand that brings inspiration to every journey.
The approximate total investment necessary to begin operation of a typical 96-room
Atwell Suites hotel, excluding land costs and and other matters, ranges
from $8,820,308 to $12,387,352 ($91,878 to $129,035 per guest room) or
more, including between $132,710 to $157,895 or more that must be paid
to the franchisor or an affiliate.