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Below is an in-depth analysis and side-by-side comparison of Scottish Inns vs COMPASS by Margaritaville 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 | $9,010,000 - $31,395,000 |
Franchise Fee | $6,000 - $16,000 | N/A |
Royalty Fee | 3% | - |
Advertising Fee | 2.5% | - |
Year Founded | - | 2020 |
Year Franchised | - | 2020 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | 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. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.
Brand-new in 2020, Compass Hotels by Margaritaville brings our
signature island vibe to a whole new range of locations. Dropping anchor
in up-and-coming neighborhoods, established vacation hotspots, college
towns, coastal retreats, and bustling downtown centers - Compass is
poised to deliver a tall, cold glass of chill to anyone who’s looking
for a tropical-style escape. Discover a whole new latitude. Invest in a Compass.