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Updated RecentlyMainstay Suites vs The Luxury Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mainstay Suites vs The Luxury Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $290,825 - $13,479,816 | $138,156,490 - $214,086,490 |
| Franchise Fee | $30,000 | N/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 |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| 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 The Luxury Collection
!["The]("https://fddexchange.com/wp-content/uploads/2020/12/The-Luxury-Collection-300x164.png")
The franchisee will establish and operate a full-service hotel that will be designated
as a member of “The Luxury Collection.”
The total investment necessary to begin operation of a newly-constructed
The Luxury Collection hotel, excluding the cost of real estate and
related costs (building permit, tap, and impact fees), ranges from
$138,156,490 to $214,086,490 for a 250-guestroom hotel. This includes
approximately $368,500 to $499,500 that must be paid to the franchisor
or an affiliate.