Mainstay Suites vs EVEN Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Mainstay Suites Franchise
EVEN Hotels Franchise
Investment $290,825 - $13,479,816$16,697,959 - $24,459,635
Franchise Fee $30,000$75,000
Royalty Fee 5%5%
Advertising Fee 2.5%-
Year Founded -2012
Year Franchised -2014
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Mainstay Suites Franchise
EVEN Hotels Franchise
Experience --

Financing Options

 
Mainstay Suites Franchise
EVEN Hotels 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

 
Mainstay Suites Franchise
EVEN Hotels Franchise
Training - On-The-Job Training: Varies Classroom Training: Varies
Support - Ongoing Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing - Ad Templates National Media SEO Website development Loyalty program/app
Operations --

Expansion Plans

 
Mainstay Suites Franchise
EVEN Hotels 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 EVEN Hotels

"EVEN

The EVEN Hotels brand helps travellers make healthier choices that impact every aspect of their personal wellness at an affordable price point. The brand is focused on ensuring guests Eat Well, Rest Easy, Keep Active and Accomplish More: