Mainstay Suites vs WaterWalk Hotels and Apartments Franchise Comparison

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

Start-Up Costs and Fees

 
Mainstay Suites Franchise
WaterWalk Hotels and Apartments Franchise
Investment $290,825 - $13,479,816$19,960,000 - $25,430,000
Franchise Fee $30,000$50,000
Royalty Fee 5%-
Advertising Fee 2.5%-
Year Founded -2014
Year Franchised -2014
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Mainstay Suites Franchise
WaterWalk Hotels and Apartments Franchise
Experience --

Financing Options

 
Mainstay Suites Franchise
WaterWalk Hotels and Apartments Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Mainstay Suites Franchise
WaterWalk Hotels and Apartments Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Mainstay Suites Franchise
WaterWalk Hotels and Apartments Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

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 WaterWalk Hotels and Apartments

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WaterWalk offers both well-appointed hotel suites and all-inclusive apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.

The total investment necessary to begin operation of a WaterWalk Property ranges from $19,960,000 to $25,430,000. This includes the initial fees owed to  WaterWalk varying from between $137,000 and $647,500 that must be paid to WaterWalk or its affiliates when the Property has no more than 153 units. If the Property will have more than 153 units, the payment to  WaterWalk and its affiliates and the total investment is increased by $375 per each additional unit.