Mainstay Suites vs Reverb hotel by Hard Rock Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mainstay Suites vs Reverb hotel by Hard Rock including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mainstay Suites Franchise
Reverb hotel by Hard Rock Franchise
Investment $290,825 - $13,479,816$15,445,000 - $37,020,000
Franchise Fee $30,000N/A
Royalty Fee 5%-
Advertising Fee 2.5%-
Year Founded --
Year Franchised --
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Mainstay Suites Franchise
Reverb hotel by Hard Rock Franchise
Experience --

Financing Options

 
Mainstay Suites Franchise
Reverb hotel by Hard Rock Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Mainstay Suites Franchise
Reverb hotel by Hard Rock Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Mainstay Suites Franchise
Reverb hotel by Hard Rock Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Mainstay Suites

Strong brand for the strong midscale, extended-stay market.
MainStay Suites® is an all suites extended stay brand that helps guests maintain their lifestyle during time away from home. Designed with welcoming, residential style architecture, MainStay Suites hotels feature multiple suite types, regional exterior options and the amenities to help guests live like home.

About Reverb hotel by Hard Rock

"Reverb

Hard Rock Hotel Licensing, Inc. offers franchises for the operation of an upscale, select-service hotel that operates under the name “Reverb.”

If you purchase a single franchised Hotel, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000. This includes an amount ranging from $151,000 to $415,000 that must be paid to the franchisor and their affiliates.
If you purchase area development rights, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000, plus an additional deposit fee that is calculated as: $50,000 for the 2nd Hotel you will develop under the area development agreement, plus $12,500 per Hotel for your 3rd and each additional Hotel you will commit to develop under the area development agreement. This includes an amount ranging from $151,000 to $415,000, plus the total amount of the deposit fee, that must be paid to the franchisor and their affiliates.