WoodSpring Suites vs Four Points by Sheraton Franchise Comparison

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

Start-Up Costs and Fees
 
WoodSpring Suites Franchise
Four Points by Sheraton Franchise
Investment $5,035,000 - $7,031,000$9,400,610 - $25,923,410
Franchise Fee $50,000$60,000
Royalty Fee 5%-
Advertising Fee 2.5%-
Year Founded 20032017
Year Franchised 20042017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
WoodSpring Suites Franchise
Four Points by Sheraton Franchise
Experience --

Financing Options
 
WoodSpring Suites Franchise
Four Points by Sheraton 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
Four Points by Sheraton 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
Four Points by Sheraton Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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

"franchiserankingscom"
#40 on Franchise Rankings.com


About Four Points by Sheraton

"Four

Marriott International is the world’s largest travel company, offering unmatched choice, like Four Points by Sheraton, for guests and driving unrivaled value for owners. With our expansive portfolio of brands, dynamic sales and marketing platform, and a global scale that drives efficiencies, our owners benefit from a clear competitive advantage and opportunity to maximize each hotel investment.