MHO Hotel vs GrandStay Residential Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MHO Hotel vs GrandStay Residential Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$59,400 - $1,238,000 | $117,900 - $10,090,200 |
Franchise Fee |
N/A | $35,000 |
Royalty Fee |
- | 5% |
Advertising Fee |
- | 2% |
Year Founded |
2020 | 2000 |
Year Franchised |
2020 | 2000 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About MHO Hotel
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.
About GrandStay Residential Suites
GrandStay Hospitality, LLC offers a hotel franchise opportunity like
no other hotel chain. From franchise conversions to new builds,
GrandStay franchisees are backed by a strong, growing lodging company
with a unique, technology-driven marketing approach, flexible franchise
options and collaborative, one-on-one support designed for success.
Click here for our Franchise Brochure
- Upper Midscale Market
- Growing Hospitality Brand
- Fresh Approach to Design
- Attractive Amenities
- Proven Business System
- Strong Partnership
A careful review of the GrandStay Hospitality Franchise Disclosure
Document (FDD) is the first step in the application process. The next
step is to complete a GrandStay Hospitality Application. Once the
Franchise Agreement and supporting paperwork are completed and returned
with the initial fee, you will begin the GrandStay hotel construction
program.
We welcome you to join the GrandStay Family!
The total investment necessary to begin operation of a new build
GrandStay hotel, other than a GrandStay conference center property, is
$5,038,400 to $10,090,200 and $124,900 to $1,021,200 for a conversion
property.
The total investment necessary to begin operation of a new
build GrandStay conference center is $306,400 to $2,300,200 and $117,900
to $541,200 for a conversion property. In all cases, this includes
$35,000 that must be paid to the Franchisor.