Boarders Inn and Suites by Cobblestone Hotels vs Le Meridien Franchise Comparison

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

Start-Up Costs and Fees
 
Boarders Inn and Suites by Cobblestone Hotels Franchise
Le Meridien Franchise
Investment $46,649 - $7,727,647$61,886,490 - $96,761,490
Franchise Fee $20,000N/A
Royalty Fee $2/room/day-
Advertising Fee .25/room/day-
Year Founded 20081997
Year Franchised 20122005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Boarders Inn and Suites by Cobblestone Hotels Franchise
Le Meridien Franchise
Experience --

Financing Options
 
Boarders Inn and Suites by Cobblestone Hotels Franchise
Le Meridien Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Boarders Inn and Suites by Cobblestone Hotels Franchise
Le Meridien Franchise
Training

*5 days at corporate headquarters. *14 days at Hotel location *up to 14 days at each additional Hotel location

-
Support --
Marketing --
Operations 90% are owner/Operators. 10% are investors-

Expansion Plans
 
Boarders Inn and Suites by Cobblestone Hotels Franchise
Le Meridien Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Boarders Inn and Suites by Cobblestone Hotels

By choosing Boarders Inn and Suites by Cobblestone Hotels you take control of your branding! Boarders Inn and Suites by Cobblestone Hotels offers a Membership Brand that you can be proud to be a part of. When you are a part of a the Membership Team you decide what happens to the brand. No Capital Crushing Franchise Mandates, Closter phobic Long Franchise Commitments, Extremely High Initial Payments, or Bottom-Dollar Busting Franchise Fee for each reservation that you work hard to bring in. Boarders Inn and Suites by Cobblestone offers all that other brands have to offer without all the headache. Brand Support along with Sales and Marketing Support are things that we pride ourselves in.

About Le Meridien

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Le Méridien, the Paris-born hotel brand currently represented by nearly 100 properties in more than 40 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With more than 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provided a strong international complement to Starwood’s then primarily North American holdings at the time of purchase. Since then, Le Méridien has gone through a brand re-launch, which included a large scale hotels product consolidation as well as redefining its brand strategy. Through creation of the LM100 artist community, Le Méridien has transformed numerous guest touch points, thus bringing unique, interactive and curated experiences to its guests. Plans call for dynamic expansion of Le Méridien Hotels and Resorts , concentrating on markets in Asia-Pacific and the Americas.

The total investment necessary to begin operation of a newly-constructed Le Méridien hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $61,886,490 to $96,761,490 for a 250-guestroom hotel. This includes approximately $317,000 to
$399,000 that must be paid to the franchisor or an affiliate.