Le Meridien Cost Comparisons
About Le Meridien
Le Méridien, the Paris-born hotel brand currently represented by nearly
100 properties in more than 40 countries, was acquired by Starwood
Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With
more than 80 of its properties located in Europe, Africa, the Middle
East, and Asia-Pacific, Le Méridien provided a strong international
complement to Starwood’s then primarily North American holdings at the
time of purchase. Since then, Le Méridien has gone through a brand
re-launch, which included a large scale hotels product consolidation as
well as redefining its brand strategy. Through creation of the LM100
artist community, Le Méridien has transformed numerous guest touch
points, thus bringing unique, interactive and curated experiences to its
guests. Plans call for dynamic expansion of Le Méridien Hotels and
Resorts , concentrating on markets in
Asia-Pacific and the Americas.
The total investment necessary to begin operation of a newly-constructed
Le Méridien hotel, excluding the cost of real estate and related costs
(building permit, tap, and impact fees), ranges from $61,886,490 to
$96,761,490 for a 250-guestroom hotel. This includes approximately
$317,000 to
$399,000 that must be paid to the franchisor or an affiliate.
Below is a quick comparison of Le Meridien against other Hotels/Motels/Inns franchises and business opportunities. For an in depth comparison of Le Meridien with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
AFM Hospitality Corporation |
$35,000 |
3% |
4% |
$2,000,000-$20,000,000 |
Aloft hotels |
$185,050-$258,650 |
5.5% |
|
$10,358,360-$26,620,860 |
Aloha Hotels |
N/A |
|
|
$100,000 |
America's Best Inns & Suites |
$15,000 |
17.50 -$22.50/room/mo. |
|
$109,250-$5,836,500 |
AmericInn |
$39,500 |
5% |
3.25% |
$221,286-$7,605,378 |
AmeriHost Franchise Systems |
N/A |
4-5% |
|
$3,700,000-$4,700,000 |
Aston Hotels and Resorts |
N/A |
|
|
$250,000-$500,000 |
Atwell Suites |
N/A |
5% |
|
$8,820,308-$12,387,352 |
Baymont by Wyndham |
$26,000-$29,000 |
5% |
3.5% |
$214,523-$7,155,641 |
Best Western |
$45,000-$60,000 |
|
|
$50,505-$24,773,188 |
Boarders Inn and Suites by Cobblestone Hotels |
$20,000 |
$2/room/day |
.25/room/day |
$46,649-$7,727,647 |
Budgetel Inns |
N/A |
|
|
$1,000,000 |
Cambria Suites |
$60,000 |
5% |
|
$12,576,100-$14,690,600 |
Candlewood Suites |
$50,000 |
5% |
|
$7,807,040-$10,716,900 |
Canopy |
$75,000 |
5% |
4% |
$44,872,050-$114,186,475 |
Centerstone |
$17,000 |
2% |
2% |
$47,149-$8,728,147 |
Choice Hotels |
$10,000-$60,000 |
Varies |
Varies |
$88,050-$13,166,100 |
Clarion |
$40,000 |
4.25% |
3.25% |
$519,750-$2,771,599 |
Clubhouse Inn |
$30,000 |
|
|
$30,000-$1,000,000 |
Cobblestone Inn and Suites |
$35,000 |
$3/room/day |
.25/room/day |
$64,799-$8,738,497 |
Comfort Inn |
$50,000 |
5.65% |
3.85% |
$307,125-$9,243,275 |
Comfort Suites |
$50,000 |
5.65% |
3.85% |
$307,125-$9,243,275 |
COMPASS by Margaritaville |
N/A |
|
|
$9,010,000-$31,395,000 |
Country Comfort |
N/A |
|
|
$2,000,000-$10,000,000 |
Country Hearth Inn |
$40,000 |
|
|
$1,000,000 |
Country Inns & Suites By Radisson |
$50,000 |
5% |
2.5% |
$1,916,178-$9,472,795 |
Courtyard By Marriott |
$50,000-$90,000 |
|
|
$11,131,210-$28,763,410 |
Crowne Plaza |
$75,000 |
5% |
|
$35,380,430-$70,256,900 |
Curio Collection by Hilton |
$75,000 |
5% |
4% |
$3,592,500-$112,436,500 |
Days Inns Worldwide |
$35,000-$38,000 |
5.5% |
3.8% |
$231,156-$5,794,510 |
Dolce by Wyndham |
$35,000-$50,000 |
5% |
|
$743,675-$22,345,559 |
Doubletree Hotels, Suites, Resorts, Clubs |
$75,000 |
5% |
4% |
$22,843,700-$79,169,000 |
Downtowner Inns |
$6,000-$16,000 |
3% |
2.5% |
$133,600-$2,602,000 |
Econo Lodge |
$25,000 |
4.5% |
3.5% |
$208,275-$938,645 |
Element Hotels |
$60,000 |
5.5% |
|
$10,972,610-$30,445,500 |
Embassy Suites Hotels |
$75,000 |
3.5% - 5.5% |
4% |
$17,910,500-$85,492,500 |
EVEN Hotels |
$75,000 |
5% |
|
$16,697,959-$24,459,635 |
Everhome Suites |
N/A |
|
|
$10,108,350-$12,101,869 |
Fairfield Inns |
$50,000-$60,000 |
5.5% |
|
$8,491,200-$22,730,300 |
Four Points by Sheraton |
$60,000 |
|
|
$9,400,610-$25,923,410 |
GrandStay Residential Suites |
$35,000 |
5% |
2% |
$117,900-$10,090,200 |
GUESTHOUSE |
$15,000 |
3%year1, 3.5%thereafter |
1.5% |
$118,000-$1,918,500 |
Hampton Inn/Hampton Inn & Suites |
$75,000 |
6% |
4% |
$7,662,800-$20,306,500 |
Hard Rock Hotel |
$50,000 |
|
|
$118,010,666-$221,433,000 |
Hawthorn Suites |
$40,000-$44,500 |
5.5% |
2.5% |
$225,693-$12,785,326 |
Hilton Garden Inn |
$75,000 |
5.5% |
4% |
$13,045,500-$27,123,500 |
Hilton Hotels & Resorts |
$75,000 |
5% |
4% |
$30,581,105-$128,987,095 |
Holiday Inn |
$50,000 |
5-6% |
|
$8,993,365-$20,018,168 |
Home2 Suites |
$75,000 |
5% |
3.5% |
$9,102,300-$17,456,500 |
HomeTowne Studios |
$30,000 |
3% |
|
$345,500-$1,238,500 |
Homewood Suites by Hilton |
$75,000 |
3.5% - 5.5% |
3.5% |
$12,337,700-$25,972,000 |
Hospitality |
$5,000-$15,000 |
$35/rm/night |
|
$133,600-$2,602,000 |
Hotel Indigo |
$75,000 |
5% |
|
$18,314,275-$39,374,895 |
Hotel RL |
$40,000-$75,000 |
5% |
3.5% |
$1,335,000-$36,191,500 |
Howard Johnson |
$35,000-$38,000 |
4.5% |
4% |
$336,552-$9,898,595 |
Hyatt |
$60,000-$100,000 |
|
|
$44,648,500-$1,541,430,000 |
Hyatt Centric |
$100,000 |
|
|
$29,373,500-$105,360,000 |
Hyatt House Hotels |
$60,000-$100,000 |
|
|
$15,269,000-$30,124,500 |
Hyatt Place Hotels |
$60,000-$100,000 |
|
|
$15,269,000-$30,124,500 |
InterContinental Hotels Group |
$75,000 |
5% |
|
$70,494,125-$103,087,610 |
JW Marriott Hotels & Resorts |
$50,000 |
|
|
$5,000,000-$7,000,000 |
Key West Inns |
$14,000 |
2% |
2% |
$32,149-$8,713,147 |
Kimpton Hotels & Restaurants |
$75,000 |
5% |
|
$49,789,087-$70,127,050 |
Knights Inn |
$7,000 |
$21/rm./mo. |
|
$93,000-$6,277,500 |
La Quinta |
$55,000 |
4-4.5% |
4.5% |
$3,822,657-$12,901,630 |
Luxury Collection, The |
N/A |
|
|
$138,156,490-$214,086,490 |
Mainstay Suites |
$30,000 |
5% |
2.5% |
$290,825-$13,479,816 |
Margaritaville Hotels & Resorts |
N/A |
|
|
$10,175,000-$115,680,000 |
Marriott Conference Centers |
$50,000 |
|
|
$5,000,000-$7,000,000 |
Marriott Hotels & Resorts |
$50,000 |
|
|
$74,082,490-$176,017,490 |
Master Hosts Inns |
$6,000-$16,000 |
3% |
2.5% |
$133,600-$2,602,000 |
MGallery Hotel Collection |
N/A |
|
|
$50,412,500-$86,813,500 |
MHO Hotel |
N/A |
|
|
$59,400-$1,238,000 |
Microtel Inns & Suites |
$43,000 |
6% |
2% |
$5,709,119-$6,799,356 |
Motel 6 |
$25,000-$35,000 |
5% |
3.5% |
$206,850-$8,823,850 |
Motto by Hilton |
$75,000 |
5% |
4% |
$12,290,495-$67,951,775 |
Moxy Hotels |
$75,000 |
5.5% |
|
$10,309,910-$31,230,300 |
My Place Hotels |
$30,000 |
|
|
$4,108,050-$5,709,950 |
Novotel |
$50,000 |
|
|
$1,000,000 |
NYLO Hotels |
$60,000-$69,600 |
5% |
3.5% |
$10,880,000-$14,800,000 |
Oasis Senior Advisors |
$40,000-$70,000 |
10% |
|
$59,290-$93,490 |
Oyo Hotels |
N/A |
|
|
$97,700-$179,700 |
Park Inn by Radisson |
$35,000 |
4.5% |
2% |
$3,692,674-$20,934,027 |
Passport Inn |
$6,000-$16,000 |
3% |
2.5% |
$133,600-$2,602,000 |
Quality Inns |
$25,000-$50,000 |
3.5%-5.25% |
1.25%-3.5% |
$2,000,000-$10,000,000 |
Radisson |
$75,000 |
5% |
2% |
$13,942,060-$65,080,705 |
Radisson RED |
$75,000 |
|
|
$7,180,738-$33,494,350 |
Ramada Worldwide |
$35,000 |
4.5% |
4% |
$220,731-$9,291,313 |
Red Carpet Inn |
$6,000-$16,000 |
3% |
2.5% |
$133,600-$2,602,000 |
Red Collection, The |
$30,000 |
|
|
$787,000-$1,745,500 |
Red Lion Hotels and Inns |
$40,000-$75,000 |
5% |
3.5% |
$8,431,750-$36,598,000 |
Red Roof Inn |
$30,000 |
4.5% |
4%(Marketing & Reservation Fee) |
$203,500-$5,456,700 |
Regent International Hotels |
N/A |
|
|
$2,000,000 |
Registry Collection Hotels, The |
N/A |
|
|
$21,810,621-$35,601,522 |
Reverb hotel by Hard Rock |
N/A |
|
|
$15,445,000-$37,020,000 |
Rodeway Inns |
$15,000 |
4.5% |
1.25%-3.5% |
$118,825-$572,495 |
Scottish Inns |
$6,000-$16,000 |
3% |
2.5% |
$133,600-$2,602,000 |
Select Inn |
N/A |
|
|
$5,000,000 |
Settle Inn |
$25,000 |
3%year 1, 3.5%thereafter |
2.25% |
$2,763,290-$3,687,220 |
Signature Inn |
$7,500 |
|
|
$3,216,500-$6,275,000 |
SpringHill Suites |
$60,000-$100,000 |
|
|
$9,403,000-$26,051,800 |
Starwood Hotels & Resorts |
N/A |
|
|
$5,000,000 |
stayAPT Suites |
N/A |
|
|
$4,148,500-$7,616,000 |
Staybridge Suites |
$55,000 |
5% |
|
$15,352,595-$22,436,565 |
Studio 6 |
$20,000-$30,000 |
5% |
2% |
$206,850-$9,621,350 |
Suburban |
$30,000 |
4% |
|
$149,175-$8,513,044 |
Super 8 |
$25,000-$28,000 |
5.5% |
3% |
$233,200-$4,834,492 |
SureStay Hotel by Best Western |
N/A |
|
|
$186,225-$24,338,895 |
Tapestry Collection by Hilton |
$75,000 |
5% |
4% |
$3,005,105-$95,336,595 |
Tempo by Hilton |
$75,000 |
|
|
$16,056,445-$76,966,375 |
TownePlace Suites |
$50,000-$100,000 |
|
|
$9,180,100-$25,635,600 |
Trademark Collection Hotel |
N/A |
|
|
$198,558-$12,854,531 |
Travelodge Hotels |
$35,000-$38,000 |
4.5% |
4% |
$184,960-$8,424,593 |
Trend Hotels and Suites by My Place |
N/A |
up to 5% |
|
$180,050-$2,848,700 |
Tru by Hilton |
$75,000 |
5% |
4% |
$8,332,795-$13,542,175 |
TRYP by Wyndham |
$39,500 |
5% |
4% |
$15,120,019-$23,614,755 |
Unbound Collection by Hyatt, The |
N/A |
|
|
$27,357,500-$98,440,000 |
Vagabond Inns |
$20,000 |
2.5% |
|
$2,800,000-$5,800,000 |
Value Place |
$5,000 |
5% |
|
$5,035,000-$7,031,000 |
voco hotels |
$75,000 |
0 |
0 |
$15,963,880-$46,738,600 |
WaterWalk Hotels and Apartments |
$50,000 |
|
|
$19,960,000-$25,430,000 |
Wingate by Wyndham |
$36,000-$40,500 |
4.5% |
4% |
$375,465-$10,816,446 |
WoodSpring Suites |
$50,000 |
5% |
2.5% |
$5,035,000-$7,031,000 |
Wyndham Garden |
$39,500 |
5% |
3% |
$446,776-$14,378,293 |
Wyndham Grand |
$39,500 |
5% |
3% |
$446,776-$14,378,293 |
Wyndham Hotels & Resorts |
$54,500 |
5% |
3% |
$42,112,580-$69,188,897 |