Moxy Hotels vs stayAPT Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Moxy Hotels vs stayAPT Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$10,309,910 - $31,230,300 | $4,148,500 - $7,616,000 |
Franchise Fee |
$75,000 | N/A |
Royalty Fee |
5.5% | - |
Advertising Fee |
- | - |
Year Founded |
2014 | 2018 |
Year Franchised |
2014 | 2018 |
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 |
Yes | - |
Company Overviews
About Moxy Hotels
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.
About stayAPT Suites
A stayAPT Suites™ hotel is an extended- stay hotel offering temporary
housing on a weekly or monthly rental basis. stayAPT offers franchisees
both the right to develop multiple Hotels under an Area Development
Agreement (each Hotel requiring a separate Franchise Agreement) and
individual Hotels under a Franchise Agreement.
The total investment necessary to begin operation of a stayAPT Suites™
Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is
$6,052,500 to $7,616,000, excluding real estate costs. This includes
$51,000 that must be paid to the franchisor or an affiliate. If you sign
an Area Development Agreement, you must pay $30,000 for each Hotel you
plan to develop, all of which is due at signing. The initial fee paid
under the Area Development Agreement is in lieu of the initial franchise
fee normally due for a Hotel when the Franchise Agreement for that
Hotel is executed.