stayAPT Suites vs The Luxury Collection Franchise Comparison

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.

The franchisee will establish and operate a full-service hotel that will be designated

as a member of “The Luxury Collection.”

The total investment necessary to begin operation of a newly-constructed The Luxury Collection hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $138,156,490 to $214,086,490 for a 250-guestroom hotel. This includes approximately $368,500 to $499,500 that must be paid to the franchisor or an affiliate.