WoodSpring Suites vs MHO Hotel Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of WoodSpring Suites vs MHO Hotel including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
WoodSpring Suites Franchise
MHO Hotel Franchise
Investment $5,035,000 - $7,031,000$59,400 - $1,238,000
Franchise Fee $50,000N/A
Royalty Fee 5%-
Advertising Fee 2.5%-
Year Founded 20032020
Year Franchised 20042020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
WoodSpring Suites Franchise
MHO Hotel Franchise
Experience --

Financing Options

 
WoodSpring Suites Franchise
MHO Hotel Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
WoodSpring Suites Franchise
MHO Hotel Franchise
Training On-The-Job Training: Upon request Classroom Training: Varies -
Support Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations -
Marketing --
Operations --

Expansion Plans

 
WoodSpring Suites Franchise
MHO Hotel Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About WoodSpring Suites

WoodSpring® is the fastest growing brand in the economy extended stay segment.

Designed with purpose to offer exactly what the extended stay guest needs, we’ve stripped away the unnecessary extras and infused form, function and beauty into what’s left. The result for owners is a brand that’s tightly optimized to help enable profitability.
  • Cost-effective prototype, designed to be built in less than 12 months
  • Proven, lean operating model that enables maximum efficiency for owners
  • Proprietary vendor relationships and hands-on support enable expedited openings
  • Dedicated, extended stay national sales team

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#40 on Franchise Rankings.com


About MHO Hotel

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Trust MHO Hotels for brands and services that stand above others and resonate positively in consumers’ minds. Led by a team of experienced hotel owners and property developers who understand the hospitality business and have deep and wide connections within the industry to benefit their partners, clients and franchisees, MHO Hotels provides an excellent array of services to hotel owners. Independent-minded hotel owners who want to run their properties their way as well as developers who need a plan for excellence in the hospitality industry can rely on MHO Hotels. Today, this rapidly growing and evolving company is changing the face of the hotel/motel landscape with properties that bear the MHO Hotels, MHO Suites, MHO Inn & Suites and MHO Inn names. Property owners that want to maintain their distinctive identities can also benefit from being part of the Powered by MHO Hotels family without giving up a thing. If it’s time to increase occupancy and revenue as well as your average daily rate, it’s time to move forward with MHO Hotels. Partnering with our team is an excellent decision that will serve your interests well as you navigate the uncertain and ever-evolving world of hospitality.