Comfort Inn vs WoodSpring Suites Franchise Comparison

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

Start-Up Costs and Fees

 
Comfort Inn Franchise
WoodSpring Suites Franchise
Investment $307,125 - $9,243,275$5,035,000 - $7,031,000
Franchise Fee $50,000$50,000
Royalty Fee 5.65%5%
Advertising Fee 3.85%2.5%
Year Founded 19812003
Year Franchised 19812004
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Comfort Inn Franchise
WoodSpring Suites Franchise
Experience --

Financing Options

 
Comfort Inn Franchise
WoodSpring Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Comfort Inn Franchise
WoodSpring Suites Franchise
Training - On-The-Job Training: Upon request Classroom Training: Varies
Support -Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing --
Operations --

Expansion Plans

 
Comfort Inn Franchise
WoodSpring Suites Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Comfort Inn

The leading midscale, limited-service brand in the world.
The total investment necessary to convert an existing hotel and begin operation of an 80-room COMFORT hotel franchise is between $307,125-$1,967,495. The total investment necessary to begin operation of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES hotel franchise is between $4,638,625-$8,393,895, and the total investment necessary to begin operation of a newly constructed 86-room COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This includes the following fees that must be paid to the franchisor or its affiliates as follows: an affiliation fee of $500 per room for new franchises, $750 per room for transfers and renewals ($50,000 minimum for new franchises, $65,000 minimum for transfers and renewals); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of between $0 and $3,245 per person. These sums do not include the cost of purchasing or leasing land or any real estate taxes.

About WoodSpring Suites

WoodSpring® is the fastest growing brand in the economy extended stay segment.

Designed with purpose to offer exactly what the extended stay guest needs, we’ve stripped away the unnecessary extras and infused form, function and beauty into what’s left. The result for owners is a brand that’s tightly optimized to help enable profitability.
  • Cost-effective prototype, designed to be built in less than 12 months
  • Proven, lean operating model that enables maximum efficiency for owners
  • Proprietary vendor relationships and hands-on support enable expedited openings
  • Dedicated, extended stay national sales team

"franchiserankingscom"
#40 on Franchise Rankings.com