WoodSpring Suites vs Moxy Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
WoodSpring Suites Franchise
Moxy Hotels Franchise
Investment $5,035,000 - $7,031,000$10,309,910 - $31,230,300
Franchise Fee $50,000$75,000
Royalty Fee 5%5.5%
Advertising Fee 2.5%-
Year Founded 20032014
Year Franchised 20042014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
WoodSpring Suites Franchise
Moxy Hotels Franchise
Experience --

Financing Options

 
WoodSpring Suites Franchise
Moxy Hotels 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
Moxy Hotels 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
Moxy Hotels 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

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#40 on Franchise Rankings.com


About Moxy Hotels

"Moxy

Moxy Hotels, Marriott International’s newest and most anxious affordable brand, serves as a playground that attracts Fun Hunter travelers. With a highly competitive market for hotels in much of the United States and Canada, Moxy Hotels gives owners and franchisees a new pick of the litter to compete in the upper, midscale priced tier in prime urban locations.

The total investment necessary to begin operation of a newly-constructed prototypical Moxy Hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $10,309,910 to $25,544,600 for a 100 to 150-room Moxy Hotel and from $15,162,110 to  31,230,300 for a 151 to 200-room Moxy Hotel, plus from 100,000 to 200,000 Euros to be paid to a third-party not related to us. This includes approximately $161,000 to $280,590 that must be paid to the franchisor or an affiliate.