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Below is an in-depth analysis and side-by-side comparison of Scottish Inns vs Home2 Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $133,600 - $2,602,000 | $9,102,300 - $17,456,500 |
Franchise Fee | $6,000 - $16,000 | $75,000 |
Royalty Fee | 3% | 5% |
Advertising Fee | 2.5% | 3.5% |
Year Founded | - | 2008 |
Year Franchised | - | 2009 |
Term Of Agreement | - | 22 years |
Term Of Agreement | - | 22 years |
Renewal Fee | - | Same as initial 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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 1 hour Classroom Training: Varies |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 30 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | No |
The Scottish Inns name has provided travelers with a clean and consistent economy, limited service lodging option that they can identify with and "A Good Night's Sleep" since 1967.