Comfort Suites vs Element Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Comfort Suites Franchise
Element Hotels Franchise
Investment $307,125 - $9,243,275$10,972,610 - $30,445,500
Franchise Fee $50,000$60,000
Royalty Fee 5.65%5.5%
Advertising Fee 3.85%-
Year Founded -1997
Year Franchised -2017
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Comfort Suites Franchise
Element Hotels Franchise
Experience --

Financing Options

 
Comfort Suites Franchise
Element Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Comfort Suites Franchise
Element Hotels Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Comfort Suites Franchise
Element Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Comfort Suites

Choice Hotel's premier midscale, limited service, all-suites brand.
 
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 Element Hotels

"Element

Inspired by Westin, Element® is transforming the extended stay segment with bright, modern design, eco-conscious practices and an innovative guest experience that resonates with today’s traveler. From spacious guest rooms featuring fully equipped kitchens to spa-inspired bathrooms, guests have space to live their lives.
Element is a smarter, better place to stay.