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Updated RecentlyCenterstone Cost Comparisons
About Centerstone
At Centerstone we offer 3 concepts:
Centerstone Inns & Suites
Centerstone Inns are an economy based product that represents exceptional value to its guests. A typical Centerstone Inn would have a minimum of two diamond/star like quality. Typically, it does not include a restaurant and bar and has an average size of 75 rooms.
A Centerstone Inns & Suites is basically the same as a Centerstone Inns with 20% or more of its inventory being suites, versus standard guest rooms.
Centerstone Hotel
A Centerstone Hotel is typically a minimum of three diamond/star like quality that competes in the mid market and brings exceptional value to its customers. Most Centerstone Hotels are full service and provide a restaurant, lounge, meeting rooms and other related services. Waivers are available for restaurants providing a free breakfast buffet is offered. A typical Centerstone Hotel is interior corridor and mid-rise to high-rise with approximately 125 rooms or more.
Centerstone Plaza Hotel
A Centerstone Plaza Hotel is typically a four diamond/star like quality product that has an immediate wow factor and competes in the high end of the mid tier sector. A Centerstone Plaza Hotel is designed for the more discriminating value conscious traveler. Typically these properties are 150 rooms or larger, full service with restaurant/bar, meeting facilities, swimming pool, health club and other elevated brand standards and service amenities that make this product a true four diamond/star like experience.
Franchise Terms
Application Fee: $2,000
Initial Fee: $12,000
Royalty & Marketing Fees: 3% Gross Room Revenue
Annual Conference Fee: $499
The Centerstone brand offers one of the lowest fee structures in the industry. With an initial fee of only $12,000, franchisees can have short-term agreements as low as 36 months. Combined marketing and royalty is only 3%. Everything mentioned above is coupled with a cutting-edge reservation system, strong consumer marketing programs, and a commitment of fairness and understanding which makes Centerstone one of best choices in franchising today. Welcome to a true, “franchise-friendly”, brand.
The total investment necessary to begin operation of a Centerstone
Lodging Facility franchised business is between $3,482,149 and
$8,728,147 for a newly constructed hotel. This includes between $42,999
and $67,997 that must be paid to the franchisor or its affiliates.
The
total investment necessary to begin operation of a Centerstone Lodging
Facility franchised business conversion of an existing hotel is between
$47,149 and $1,648,147. This includes between $35,999 and $67,997 that
must be paid to the franchisor or its affiliates(s).
Hotels/Motels/Inns Franchise Opportunities
Below is a quick comparison of Centerstone against other Hotels/Motels/Inns franchises and business opportunities. For an in depth comparison of Centerstone with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
| Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
| AFM Hospitality Corporation | $35,000 | 3% | 4% | $2,000,000-$20,000,000 |
| Aloft hotels | $185,050-$258,650 | 5.5% | $10,358,360-$26,620,860 | |
| Aloha Hotels | N/A | $100,000 | ||
| America's Best Inns & Suites | $15,000 | 17.50 -$22.50/room/mo. | $109,250-$5,836,500 | |
| AmericInn | $39,500 | 5% | 3.25% | $221,286-$7,605,378 |
| AmeriHost Franchise Systems | N/A | 4-5% | $3,700,000-$4,700,000 | |
| Aston Hotels and Resorts | N/A | $250,000-$500,000 | ||
| Atwell Suites | N/A | 5% | $8,820,308-$12,387,352 | |
| Baymont by Wyndham | $26,000-$29,000 | 5% | 3.5% | $214,523-$7,155,641 |
| Best Western | $45,000-$60,000 | $50,505-$24,773,188 | ||
| Boarders Inn and Suites by Cobblestone Hotels | $20,000 | $2/room/day | .25/room/day | $46,649-$7,727,647 |
| Budgetel Inns | N/A | $1,000,000 | ||
| Cambria Suites | $60,000 | 5% | $12,576,100-$14,690,600 | |
| Candlewood Suites | $50,000 | 5% | $7,807,040-$10,716,900 | |
| Canopy | $75,000 | 5% | 4% | $44,872,050-$114,186,475 |
| Choice Hotels | $10,000-$60,000 | Varies | Varies | $88,050-$13,166,100 |
| Clarion | $40,000 | 4.25% | 3.25% | $519,750-$2,771,599 |
| Clubhouse Inn | $30,000 | $30,000-$1,000,000 | ||
| Cobblestone Inn and Suites | $35,000 | $3/room/day | .25/room/day | $64,799-$8,738,497 |
| Comfort Inn | $50,000 | 5.65% | 3.85% | $307,125-$9,243,275 |
| Comfort Suites | $50,000 | 5.65% | 3.85% | $307,125-$9,243,275 |
| COMPASS by Margaritaville | N/A | $9,010,000-$31,395,000 | ||
| Country Comfort | N/A | $2,000,000-$10,000,000 | ||
| Country Hearth Inn | $40,000 | $1,000,000 | ||
| Country Inns & Suites By Radisson | $50,000 | 5% | 2.5% | $1,916,178-$9,472,795 |
| Courtyard By Marriott | $50,000-$90,000 | $11,131,210-$28,763,410 | ||
| Crowne Plaza | $75,000 | 5% | $35,380,430-$70,256,900 | |
| Curio Collection by Hilton | $75,000 | 5% | 4% | $3,592,500-$112,436,500 |
| Days Inns Worldwide | $35,000-$38,000 | 5.5% | 3.8% | $231,156-$5,794,510 |
| Dolce by Wyndham | $35,000-$50,000 | 5% | $743,675-$22,345,559 | |
| Doubletree Hotels, Suites, Resorts, Clubs | $75,000 | 5% | 4% | $22,843,700-$79,169,000 |
| Downtowner Inns | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
| Econo Lodge | $25,000 | 4.5% | 3.5% | $208,275-$938,645 |
| Element Hotels | $60,000 | 5.5% | $10,972,610-$30,445,500 | |
| Embassy Suites Hotels | $75,000 | 3.5% - 5.5% | 4% | $17,910,500-$85,492,500 |
| EVEN Hotels | $75,000 | 5% | $16,697,959-$24,459,635 | |
| Everhome Suites | N/A | $10,108,350-$12,101,869 | ||
| Fairfield Inns | $50,000-$60,000 | 5.5% | $8,491,200-$22,730,300 | |
| Four Points by Sheraton | $60,000 | $9,400,610-$25,923,410 | ||
| GrandStay Residential Suites | $35,000 | 5% | 2% | $117,900-$10,090,200 |
| GUESTHOUSE | $15,000 | 3%year1, 3.5%thereafter | 1.5% | $118,000-$1,918,500 |
| Hampton Inn/Hampton Inn & Suites | $75,000 | 6% | 4% | $7,662,800-$20,306,500 |
| Hard Rock Hotel | $50,000 | $118,010,666-$221,433,000 | ||
| Hawthorn Suites | $40,000-$44,500 | 5.5% | 2.5% | $225,693-$12,785,326 |
| Hilton Garden Inn | $75,000 | 5.5% | 4% | $13,045,500-$27,123,500 |
| Hilton Hotels & Resorts | $75,000 | 5% | 4% | $30,581,105-$128,987,095 |
| Holiday Inn | $50,000 | 5-6% | $8,993,365-$20,018,168 | |
| Home2 Suites | $75,000 | 5% | 3.5% | $9,102,300-$17,456,500 |
| HomeTowne Studios | $30,000 | 3% | $345,500-$1,238,500 | |
| Homewood Suites by Hilton | $75,000 | 3.5% - 5.5% | 3.5% | $12,337,700-$25,972,000 |
| Hospitality | $5,000-$15,000 | $35/rm/night | $133,600-$2,602,000 | |
| Hotel Indigo | $75,000 | 5% | $18,314,275-$39,374,895 | |
| Hotel RL | $40,000-$75,000 | 5% | 3.5% | $1,335,000-$36,191,500 |
| Howard Johnson | $35,000-$38,000 | 4.5% | 4% | $336,552-$9,898,595 |
| Hyatt | $60,000-$100,000 | $44,648,500-$1,541,430,000 | ||
| Hyatt Centric | $100,000 | $29,373,500-$105,360,000 | ||
| Hyatt House Hotels | $60,000-$100,000 | $15,269,000-$30,124,500 | ||
| Hyatt Place Hotels | $60,000-$100,000 | $15,269,000-$30,124,500 | ||
| InterContinental Hotels Group | $75,000 | 5% | $70,494,125-$103,087,610 | |
| JW Marriott Hotels & Resorts | $50,000 | $5,000,000-$7,000,000 | ||
| Key West Inns | $14,000 | 2% | 2% | $32,149-$8,713,147 |
| Kimpton Hotels & Restaurants | $75,000 | 5% | $49,789,087-$70,127,050 | |
| Knights Inn | $7,000 | $21/rm./mo. | $93,000-$6,277,500 | |
| La Quinta | $55,000 | 4-4.5% | 4.5% | $3,822,657-$12,901,630 |
| Le Meridien | N/A | $61,886,490-$96,761,490 | ||
| Luxury Collection, The | N/A | $138,156,490-$214,086,490 | ||
| Mainstay Suites | $30,000 | 5% | 2.5% | $290,825-$13,479,816 |
| Margaritaville Hotels & Resorts | N/A | $10,175,000-$115,680,000 | ||
| Marriott Conference Centers | $50,000 | $5,000,000-$7,000,000 | ||
| Marriott Hotels & Resorts | $50,000 | $74,082,490-$176,017,490 | ||
| Master Hosts Inns | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
| MGallery Hotel Collection | N/A | $50,412,500-$86,813,500 | ||
| MHO Hotel | N/A | $59,400-$1,238,000 | ||
| Microtel Inns & Suites | $43,000 | 6% | 2% | $5,709,119-$6,799,356 |
| Motel 6 | $25,000-$35,000 | 5% | 3.5% | $206,850-$8,823,850 |
| Motto by Hilton | $75,000 | 5% | 4% | $12,290,495-$67,951,775 |
| Moxy Hotels | $75,000 | 5.5% | $10,309,910-$31,230,300 | |
| My Place Hotels | $30,000 | $4,108,050-$5,709,950 | ||
| Novotel | $50,000 | $1,000,000 | ||
| NYLO Hotels | $60,000-$69,600 | 5% | 3.5% | $10,880,000-$14,800,000 |
| Oasis Senior Advisors | $40,000-$70,000 | 10% | $59,290-$93,490 | |
| Oyo Hotels | N/A | $97,700-$179,700 | ||
| Park Inn by Radisson | $35,000 | 4.5% | 2% | $3,692,674-$20,934,027 |
| Passport Inn | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
| Quality Inns | $25,000-$50,000 | 3.5%-5.25% | 1.25%-3.5% | $2,000,000-$10,000,000 |
| Radisson | $75,000 | 5% | 2% | $13,942,060-$65,080,705 |
| Radisson RED | $75,000 | $7,180,738-$33,494,350 | ||
| Ramada Worldwide | $35,000 | 4.5% | 4% | $220,731-$9,291,313 |
| Red Carpet Inn | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
| Red Collection, The | $30,000 | $787,000-$1,745,500 | ||
| Red Lion Hotels and Inns | $40,000-$75,000 | 5% | 3.5% | $8,431,750-$36,598,000 |
| Red Roof Inn | $30,000 | 4.5% | 4%(Marketing & Reservation Fee) | $203,500-$5,456,700 |
| Regent International Hotels | N/A | $2,000,000 | ||
| Registry Collection Hotels, The | N/A | $21,810,621-$35,601,522 | ||
| Reverb hotel by Hard Rock | N/A | $15,445,000-$37,020,000 | ||
| Rodeway Inns | $15,000 | 4.5% | 1.25%-3.5% | $118,825-$572,495 |
| Scottish Inns | $6,000-$16,000 | 3% | 2.5% | $133,600-$2,602,000 |
| Select Inn | N/A | $5,000,000 | ||
| Settle Inn | $25,000 | 3%year 1, 3.5%thereafter | 2.25% | $2,763,290-$3,687,220 |
| Signature Inn | $7,500 | $3,216,500-$6,275,000 | ||
| SpringHill Suites | $60,000-$100,000 | $9,403,000-$26,051,800 | ||
| Starwood Hotels & Resorts | N/A | $5,000,000 | ||
| stayAPT Suites | N/A | $4,148,500-$7,616,000 | ||
| Staybridge Suites | $55,000 | 5% | $15,352,595-$22,436,565 | |
| Studio 6 | $20,000-$30,000 | 5% | 2% | $206,850-$9,621,350 |
| Suburban | $30,000 | 4% | $149,175-$8,513,044 | |
| Super 8 | $25,000-$28,000 | 5.5% | 3% | $233,200-$4,834,492 |
| SureStay Hotel by Best Western | N/A | $186,225-$24,338,895 | ||
| Tapestry Collection by Hilton | $75,000 | 5% | 4% | $3,005,105-$95,336,595 |
| Tempo by Hilton | $75,000 | $16,056,445-$76,966,375 | ||
| TownePlace Suites | $50,000-$100,000 | $9,180,100-$25,635,600 | ||
| Trademark Collection Hotel | N/A | $198,558-$12,854,531 | ||
| Travelodge Hotels | $35,000-$38,000 | 4.5% | 4% | $184,960-$8,424,593 |
| Trend Hotels and Suites by My Place | N/A | up to 5% | $180,050-$2,848,700 | |
| Tru by Hilton | $75,000 | 5% | 4% | $8,332,795-$13,542,175 |
| TRYP by Wyndham | $39,500 | 5% | 4% | $15,120,019-$23,614,755 |
| Unbound Collection by Hyatt, The | N/A | $27,357,500-$98,440,000 | ||
| Vagabond Inns | $20,000 | 2.5% | $2,800,000-$5,800,000 | |
| Value Place | $5,000 | 5% | $5,035,000-$7,031,000 | |
| voco hotels | $75,000 | 0 | 0 | $15,963,880-$46,738,600 |
| WaterWalk Hotels and Apartments | $50,000 | $19,960,000-$25,430,000 | ||
| Wingate by Wyndham | $36,000-$40,500 | 4.5% | 4% | $375,465-$10,816,446 |
| WoodSpring Suites | $50,000 | 5% | 2.5% | $5,035,000-$7,031,000 |
| Wyndham Garden | $39,500 | 5% | 3% | $446,776-$14,378,293 |
| Wyndham Grand | $39,500 | 5% | 3% | $446,776-$14,378,293 |
| Wyndham Hotels & Resorts | $54,500 | 5% | 3% | $42,112,580-$69,188,897 |