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Updated RecentlyEverhome Suites Cost Comparisons
About Everhome Suites
!["Everhome]("https://fddexchange.com/wp-content/uploads/2020/03/Everhome-Suites.jpg")
Choice Hotels will offer the following to help hotel developers build a strong and successful portfolio with Everhome Suites:
- A successful area development model, which gives developers the freedom to grow in their desired market.
- Proprietary site-modeling tool to help developers select the right location for their hotel.
- Turnkey development support and flexible prototypes to bring projects to market quickly.
- An extremely competitive cost per key.
- Proven operating model that helps keep hotels easy and affordable to run.
- A brand that accommodates market needs.
The total investment necessary to begin operation of a 113-room newly
constructed Everhome Suites hotel franchise is between $10,108,350 and
$12,101,869. This includes an affiliation fee of $50,000 for properties
with 113 rooms or less, $300/per room for each additional room and $550
per room for transfers and renewals ($50,000 minimum); a property
management system software license and systems training fee of between
$10,750 and $14,750; and orientation and hospitality training fees of
$0 - $3,145 per person, all of which must be paid to the Franchisor or its
affiliates. These sums do not include the cost of purchasing or leasing
land or any real estate taxes.
Hotels/Motels/Inns Franchise Opportunities
Below is a quick comparison of Everhome Suites against other Hotels/Motels/Inns franchises and business opportunities. For an in depth comparison of Everhome Suites 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.
| Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
| 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 | |
| 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 |
| Le Meridien | N/A | $61,886,490-$96,761,490 | ||
| 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 |